after correction, next wave is coming.. do u see the USD/MYR exchange? 2019, MMSV turns bullish again because their customers reach the cycle to make a new order again in 2019.
Surprisingly still no one notice this gem.. Everyone is talking about Vitrox PE 39 but no one notice peers like MMSV PE only 12. Yes, Vitrox supporter will say Vitrox is leading the technology, dragon head bla bla, but the sector prospect is there.. MMSV is a net cash company with good dividend.. good customer base.. PE 12, is it reasonable as compare to Penta with PE 28 and Vitrox PE 39??
MMSV annualised PE(take 1Q eps x 4) about 17, TTM PE 13++, no debt, cash per share about RM0.17, ROE about 28, if annualised calculation is valid, and PE = 20, price should be about RM2. if PE=25, price should be 2.5
Notice of Sale or Cancellation of Treasury Shares Pursuant to Section 127 of CA 2016 MMS VENTURES BERHAD
Date of shares sold from 09 Aug 2018 to 09 Aug 2018 Currency Malaysian Ringgit (MYR) Number of treasury shares sold/transferred/distributed (units) 1,000,000 The minimum price at which the treasury shares were sold ($$) 1.630 The maximum price at which the treasury shares were sold ($$) 1.630 Total consideration received for the treasury shares sold ($$) 1,624,621.00 The name of the Stock Exchange through which the treasury shares were sold BURSA MALAYSIA SECURITIES BERHAD Total number of shares still in treasury (units) 2,172,600 Number of treasury shares cancelled (units) Total issued capital as diminished Date of Notice 09 Aug 2018 Date lodged with registrar of companies 16 Aug 2018 Lodged by M & P CORPORATE SERVICES SDN. BHD.
Already warn there was a trap, you can sell at $1.66 but no one did. Some even say will limit up, i think you just want to stay in presidential suite for long time. If you read news and buy stock, you will forever end up losing money.
Stock market, is not as easy as you think. Now, 1.48 I also hesitate to touch. Rather to miss than bite the bait.
Last qr have stated that this yr will not be good. So it is expected coming q3 & q4 are not good but profitable as well. Tml will drop but comp also will SBB. can collect if below 1.20 and wait or next yr.
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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....
GeniusTinker
337 posts
Posted by GeniusTinker > 2018-08-13 21:31 | Report Abuse
after correction, next wave is coming.. do u see the USD/MYR exchange? 2019, MMSV turns bullish again because their customers reach the cycle to make a new order again in 2019.