hepitrade: Be cautious of highly speculative,voluminous small-cap stocks. They are being played up by punters/stockists etc with huge financial muscles, who can exit with half cents,cause their entry cost charges are very small. They could be selling down, or vice versa or to u my friend. Their game plan only they know, so don't get burnt.
meena post: Wellcal annual report end of 2013... Analysis: (i) A 5.68% increase in the earnings per share (EPS) from 17.62c (CY'12) to 18.62c (CY'13). (ii) Sales declined by 14.7% for CY'13 to Rm 131.5m. This is a cause for concern here. The earnings are higher because they manage to reduce the cost of sales for CY'13 by 20%. This is mainly due to lower raw material costs (iii) Industry PE 15-17x. Top Glove's PE 17.2x (iv) Assumimg an 8.0% growth in earnings for CY'14 & CY 15 respectively; i will prescribe a forward price of 21.7c x 17x = Rm 3.70c based on CY'15 earnings per share (eps) (v) Currently trading at 5.4x NTA of 62.86c - CY'13 (vi) The presnt trending price of Rm 3.40 is a good entry level if u chose to invest in this stock. Also it is safe, as the price has not chased up the financials. (vii) The company balance sheet is also strong with its RM46m in cash or RM0.35 net cash/share for CY'13
This a brief analysis. For in depth look, got to go thru financials thoroughly. Cheers
Good Morning....Hepi/PSD57/Mike/FT/: I wish you Happy Chinese New Year!...Throughout this year bring us more wealth and health!.....Happy trading on 04th, Feb,2014!.
swingtrader. don't queue buy pmcorp anything below 0.18; might attract attention only below 0.14(@ the off market deal march/april'13 price bought by KKP from PNB)wait another 2 months. today bought last batch of IRIS @ 0.39/0.395 and will pick up to wait for announcement next week. GOOD LUCK and HAPPY TRADING.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?