start fr early this yr bursa stop providing bfe, i.e the computer system for remisier to trade, now all go thru 3rd party, the 2 listed company that provide the system are n2n n eforce, so their revenue are sure to go up this yr.
Eforce is really a gem amongst penny stocks. Cash rich and no borrowings. Recently bought one floor space for 14m for cash consideration. Great potential to hot RM1 Agreed with jakkhoo
Most of the reputable Investment banks are using their applications. Under value stock Recent article shows if break 0.555 the uptrend is beyond imagination/ unchatered teritory
let's look at the fundamental point of view. With cash per share of 13cent and estimated EPS for YR2013 at 4.8cent and taking the industry PE of 20 times (Myeg), the potential value is at 96cent.
Plus point is it declare 4cent dividend last year and with the cash in hand and profit, i see no reason why i can't maintain the dividend. at mid-day of 60cent, it give a 6.7% dividend yeild.
for future prospect, eforce is moving to IT outsourcing business giving a positive impact to profit moving forward and some efficiency and saving on consolidating the business into a single location in new building Jaya 33.
JKing, a very optimistic projection on EPS for 2013. Based on 3Q EPS of 2.67sen, a 4.8sen FY2013 means Q4 has to be 2.1 sen. What makes you think Q4 will be that good ?
This counter is in my list since last 5 years...it will move a while then sleep for few years....as i know, the director still Jeff Wang if not mistaken
80cent if the IT outsource from Kenanga is generating the amount of profit base on the forecast. anyway it has met the 3rd quarter target as forecast therefore i am bullish on the management. if Kenanga outsource is a success story then the mgmt will develop a new segment thru further providing IT outsource of which many will be interested to offer in view of the cost cutting environment to stay competitive.
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....
kaede85
61 posts
Posted by kaede85 > 2013-06-04 15:43 | Report Abuse
not enough momentum, erm