What a WONDERful analysis!!! Current price could have priced in all these factors. Do u SMELL MONEY FOR THE COMING Qrs or Yrs as advocated by the renown ICON888 bcos what matters MOST is FUTURE not THE PAST.
From the Past Quarterly Report, Quarter April 15 July 15 Oct 15 Jan 16 April 16 Revenue (mil) 78.8 72.2 105 104 101 EPS(sen) 1.33 0.63 3.47 4.5 3.83
The revenue increased fr 70mil and maintain at around 100mil and the EPS is increased fr 1 sen and maintain at around 3sen even the Chairman said order is less in Q1 17. Based on above, as long as they can maintain the above, the coming 2nd Q result should be much better than the preceeding Q2 15 which is only 0.63 sen. Besides that, as mentioned in the article, other contribution which is not include in the preceeding Quarter such as 1)Advanced gasification green renewable energy generation solution 2)Intelligent lighting solution (Innovation LED) 3)Smart meter/Smart power grid solution will contribute in coming revenue and EPS. Based on current trailing 12 months data Assume price at 0.98 PE=8.1 <10 P/BV=1.2 <2 is it still cheap?Hence, let you decided the Target price.
If the counter is not under control and the directors are broke it can be pressed down.But at 78.5c,the buying support is strong even some parties are trying to throw it down.When this counter has so many potential businesses and good profits,the company will exercise the buyback plan to stop the price drifting down.
As a Value investor, will look at the company earning. On 21/6, is the Quarterly report out?No, so we do not know the Earning. Accidentally, on that day, one of director, DATO' ABDUL MAJID BIN OMAR had disposed 40K or 0.03% (which is negligible) in open market, but will affect somebody so called "Big shark" (probably they know) sentiment/emotion that the Q1 17 might not Good and they dance with the director (this is what I imagine after things happened). So, the "Big Shark" push the price to highest, 0.99 (Retailers dance with the Shark), and press down (probably after the Director throw, might need some money for Hari Raya Celebration, again my imagination, haha) the price till Lowest 0.65. If not wrong, many investors were trapped and sleepless. In term of FA, let us look at the PE at below price Before Q1 17 report, the EPS=9.93 i)Price=0.99, PE=9.96 What happen if Q1 17 is a loss, then the PE will be much higher!!! ii)Price=0.665, PE=6.7 The price is cheap and start to rebound till (Q1 17 release on 28/6 which is so called fantastic, +189%) 29/6 before correction again (Chinese proverb says : Take a rest is for walking longer journey) Again, after release of Q1 17 report, the EPS=12.43 on 5/7, the price=0.785, PE=6.3 Last but not least, 3 questions to be asked 1)Is the current price cheap? 2)Is there any good news come out recently? 3)Is there any Directors keep on dispose? Make your own decision to invest if you think it is good, otherwise just get yourself become spectators and watch the 2016 Europe Cup Final(Comcorp price, a few month down the road) till u know who the Champion is!!!
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....
SALAM
1,072 posts
Posted by SALAM > 2016-07-05 10:36 | Report Abuse
What a WONDERful analysis!!! Current price could have priced in all these factors. Do u SMELL MONEY FOR THE COMING Qrs or Yrs as advocated by the renown ICON888 bcos what matters MOST is FUTURE not THE PAST.