Write more so as to convince otb to buy....otb is here everyday fishing for tips....once he is being convinced then he will buy for kyy then u can ready to count money
Pls do youu own homework n make your own decision b4 u buy. I believe if this Q result is good the price will go up. And of course if NG, sell sell sell.
Every single share in Bursa (regardless of having good fundamental or not) could be targeted by syndicate, no doubt about it. STUDY these posts and LEARN how to invest :)
What makes RGB attractive now is its ability to generate decent Free Cash Flow. It had alrdy generate RM29m in first half of FY2016.
FCF for FY2013 - FY2015 were ranging from RM28m - RM30m a year, >10% cash yield for the past 3 years.
Assuming average FCF is RM28m a year, 3% growth rate, 12% discount rate, and half of the current cash balance as excess cash - RM35m, RGB's intrinsic value (using DCF valuation) is about RM0.27.
Sleepy, I want to be conservative when making assumptions. I took the lowest FCF (RM28m) in past few years and discount it with high discount rate (12%) because RGB is small cap and involves in regulated (risky?) industry. Cash yield is FCF / Market Cap.
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....
Ckk2266
1,210 posts
Posted by Ckk2266 > 2016-10-08 09:02 | Report Abuse
Aim The Bull