Today is T-3 prior the HLB report and that is why the huge sell off. Name change has nothing to do with the sell off. After report out, there was a spike in buying volume upwards to a high of RM 3.59 temporarily reversing the downtrend. However, this momentum did not sustain and the very next day, Faber had been spiralling down since. I am of the view that Faber is good defensive stock as it is in healthcare business which is non-cyclical as well as acquisition of Opus and Propel which is in asset and facilities management business provides steady recurring income. Although it is not a high growth counter, it is a highly safe and steady business. Maintain TP RM3.88 mid term. Moving on will track diff counters in the blog posting below. Thanks.
.................................................................... Last last LEMBAGA TABUNG HAJI anak FABER pun datang!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
best gilaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
BUY WAT UP WAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Edgenta is now challenging RM3.56 resistance. If breached with volume the immediate resistance is RM3.60. Once it clear RM3.60, it will move upwards towards TP RM3.88.
Despite the profit taking that kicked in the later session of trading, Edgenta was one of the defensive counter which went opposite direction. It sustained at RM3.60 after hitting a 4 week high of RM3.61. The buying momentum and volume was strong and I believe this counter will make its way towards my TP RM3.88 in due course. Advise to buy on weakness.
Tomorrow to see if can make a direct attempt to 3.80 on one attempt or fall back for two attempts. I don't know if the correct TP is 3.88 but 3.80 or slightly above is my target depending on traction.
UEM Edgenta: Buying KFM stake for RM128m. UEM Edgenta is acquiring 80% in facilities management specialist KFM Holdings SB for RM128m. The deal will give the buyer immediate access into KFM's clientele in Malaysia and abroad. According to UEM Edgenta, KFM's outstanding contracts are valued at more than RM700m, hence, offering earnings visibility till 2031. (Financial Daily)
Maintain BUY, TP: RM4.32 The recurring earnings of PROPEL and IFM should provide a steady base while Opus offers growth potential once recovery is seen in Australia and Canada. Its strong net cash positon (RM0.52/share) places Edgenta in a polar position to embark on earnings enhancing acquisitions. Dividend yield is also decent at 4.8-5.3% for FY16-17 based on a 60% payout ratio (dividend policy is up to 70%).
and friend says this....hence, offering earnings visibility till 2031
Erik Sighton UEM Edgenta: Buying KFM stake for RM128m. UEM Edgenta is acquiring 80% in facilities management specialist KFM Holdings SB for RM128m. The deal will give the buyer immediate access into KFM's clientele in Malaysia and abroad. According to UEM Edgenta, KFM's outstanding contracts are valued at more than RM700m, hence, offering earnings visibility till 2031. (Financial Daily) 29/12/2015 16:00
I didn't know this company makes so much money...until I take a closer look.
Take a look at the figures please...
For 2015...Revenue more than $3.12 Billion, EPS is 24 cents, Net Profit is about S210 million for 2015 but 2014 higher abit at $240 million & 2013 is lower at $78 million, very beautiful & impressive figures indeed and to top it up with an excellent present PER of 13.5, simple marvelous indeed....what more can I ask for at this price they are selling. It's a gem indeed & with our friend Erik Sighton saying that earnings visibility till 2031. (Financial Daily) what is there more to add except to buy & keep it under lock & keys.
Counter is super attractive given its revenue growth performance and fundamental strength. However, stock price is not at fairly valued (argument is further supported by channel support line since 2008. According to its EPS and Dividend payout ratio, it should be RM 2.70. - RM 2.80. Download the FREE EXCEL SPREADSHEET for your stock valuation. Potentially with conservative estimation, it will be around RM 4.00 within three years time. Check out for more in aaronlxw85.wix.com/value-investing Using technical analysis, Money flow index is not showing strong institutional buying (below 50%). Furthermore, resistance is already formed at RM 3.44 (gap down resistance level). William %R is also seeing falling buying support to below 50%. Read for more Stock Trading & Investing in Facebook page and group.
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....
tradeview
608 posts
Posted by tradeview > 2015-04-13 18:30 | Report Abuse
Today is T-3 prior the HLB report and that is why the huge sell off. Name change has nothing to do with the sell off. After report out, there was a spike in buying volume upwards to a high of RM 3.59 temporarily reversing the downtrend. However, this momentum did not sustain and the very next day, Faber had been spiralling down since. I am of the view that Faber is good defensive stock as it is in healthcare business which is non-cyclical as well as acquisition of Opus and Propel which is in asset and facilities management business provides steady recurring income. Although it is not a high growth counter, it is a highly safe and steady business. Maintain TP RM3.88 mid term. Moving on will track diff counters in the blog posting below. Thanks.
http://klse.i3investor.com/blogs/tradeview/74534.jsp