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2014-05-01 23:54 | Report Abuse
Lina hopefully it can happen. And that would really be a BIG big bonus
2014-05-01 23:49 | Report Abuse
I like this one too from OTB...
Ooi Teik Bee Posted by samcghee > Apr 19, 2014 10:09 AM | Report Abuse
In my opinion, just buy and keep L&G for long term.u will know it likes me. i just bought at 35.5 cents but now i have earned 20 cents in paper gain. I still kept it.
Ans : You will achieve it at the end of May 2014. There was a gap up on this stock. Do not need to hold long term.
Thank you.
2014-05-01 23:39 | Report Abuse
Contributed by Brenden the exercpt below. With the Expressway and highway in line for growth will it be 1.12 by this year?
Its NTA stood at RM 1.11 per share as at Dec 31 2013. It is worth nothing that the company had a number of land and properties reserved that had yet to be revalued.
Prestar’s prospects remain bright as the company had been set to bag more lucrative projects, especially highway guardrails from going forward …
- West Coast Expressway, 273km (40km linking Ipoh to WCE to be built later);
- DASH Highway 20.1km;
- Kidex Highway 14.9km;
- SCORE corridor (320km stretch from Tanjung Manis to Samalaju), extension to Mukah, Baram and Tunoh
There is rumor that Prestar had bagged in the WCE project for guardrails which is worth more than RM400m for the 273km stretch. A 15% profit margin will contribute towards a net EPS of RM0.33 (Based on RM60m profit / 180.98m shares) on top of its current business and operation. The WCE whcih carries a GDV of RM6b will see actual job fully dished out on 2H 2014.
In addition ongoing KVMRT Line 1, the KVMRT Line 2 and the future of KVMRT Line 3 will continue to see steel demand in the coming years from 2014.
The ideal intrinsic value is rm 1.12, a 70% premium over last transacted price of 67sen.
2014-05-01 23:24 | Report Abuse
Base on Saturn's writing there are 2 catalyst..... A record topline for L&G with or without 4th Quarter ending in March 2014 and the margin of 3 year growth which grew 3 in every department top and bottom and .....this means it's a fiscal year closing record .....expect something???
SaturnRevolution We continue to believe there may be a play here in coming weeks. The magic number here is 3. Three times the topline, three times the bottomline and the last three for your homework to find out. This will be the fiscal closing for 2014 and 2013 FYE was a very good year for L&G. The closing top was 216m vs 130m topline (2013 vs 2012) and 43m vs 30m bottomline respectively. And 2013 last Q was the highest at 83m contribution to the 216m.
At this point, the 3rd Q for 2014 result at 371m already surpassed 2013 full year of 216m which is more than 150m. Even if L&G Achieve similar last Q of 2013 at 83m, they would achieve another record year at 371 + 83 = 454m vs 216m previous year. A STAGGERING 230m growth at topline.and bottomline should be in the 80+ m region at very least.
Note the 3 3 3 I mentioned in based on 3 years growth. We are predicting a moderate last 2014 quarter due to the cooling factor. If L&G achieve above the example I place there, that achievement would definitely meet the 3 3 3
Stock: [ENCORP]: ENCORP BHD
2014-05-02 11:27 | Report Abuse
May I ask what is the period to wait?