Yes, an undervalue counter with NTA of 92 cents, not too good EPS at 0,85 cents & PE stands at 23.Indicators readings are beginning to improve, supporting the view that the consolidation may be over.
Chong, if it was a triangle did your TA fren say it broke downwards. Anyway watch 22.5 sen level and see how price reacts at this area if you had bought
Ok, brother thor, I just ask my friend to send me the research report & I now copy & post it here...
Advance Synergy (ASB MK; RM0.195) – BUY FY13P/E: N/A, P/BV: 0.2x The stock appears to have formed a triangle pattern. Yesterday’s pick up in trading volume could also mean that the triangle may have ended and is ready to move up again. Indicators readings are beginning to improve, supporting the view that the consolidation may be over. Aggressive traders may opt to go long here with a cut loss point below RM0.185. Near term, prices could test RM0.225, its triangle reisstance. A breakout could take prices towards RM0.265.
All the best to you brother thor & good luck too....cheers.
I dun trade analysts reports but only what my chart tells me.Just watch 22.5 level and see how price reacts. By the way it isn't a triangle resistence but a horizontal resistence. Please tell your fren.Thks and good luck to you
ASB hidden gem includes her subsidary company Unified Communications Holding Limited (UCHL) listed on Main Board of Singapore Exchange valued at SGD 13.5 million. They own 58.3% or SGD 7.87 million.
The shares can go to Holland , after restructuring for more then ten years still making losses, do be stupid to keep your shares for another ten years when the company is losing money
ASB is trading at its resistance of 0.145. It is important to monitor the price volume action near this 0.145 level to determine whether a breakout will take place.
There is no real value for ASB, Directors want into herbitation, nobody know when he will be waking up. I have being keeping the shares for yearsssssssssss
An important development took place on 19 November 2013 where the price of ASB broke the resistance of 0.145. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
I found that, this counter is super undervalued with high NTA. But one thing i found is the valuation for the properties hold, valuation is not up to date (and most of them freehold, should have higher valuation), example, Cherating land & building in Pahang - Last valuation date year 2005. Shah Alam seksyen 22 land - Last valuation year 2003. KL hotel building & land - Last valuation year 2005. Hotel building & land at France, last valuation year 2009.
As we know the property price for last 5 years boom a lot around Malaysia & the world. I think the counter should deserve higher valuation. What u think?
Dutaland owed 12000 ha plantation Land worth 840m (12000xrm70000 per ha), Abandant Duta Grand Hotel totalling build up to 29th floor (surpose to build 52 storey height) worth 350 m situated In Jalan Tun Ismail and Jalan Ampang KL Town, holding of 52% of 73 acres prime Land In montkiara worth 345m( 73 x rm9.1m/acre x 52%) value at 9.1m/acre consider very prudence as recent transacted price of jalan Ampang current RM 3000/ft. And a Few piece Land In Kl centre, shan alam, Melaka centre etc etc worth 200m and further more with only 80m debt, NTA=1.97. (840m+345m+350m +200m-80m debt)/840m share. besides this, year production of 125,000 ton of FFB Now trade at RM 540/ton.
Dutaland coming quarter result around 5m profit. The turnaround result come from the completion of 38 Shop Houses In Seremban by wholely subsidiary and quarter production of 25000 ton FFB. The FFB price currently trade at 540/ton campare to last quarter 400/ton. Further reduced some interest due to sold out Olympia Plaza. Good rating By analyst can be foresee.
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....
chong
3,074 posts
Posted by chong > 2012-03-23 09:21 | Report Abuse
Any one interested..first resistance at 23 cents & then to 28 cents hopefully.