If it is told, its price should be moving upwards at a more aggressive pace prior to result announcement, say 1.52. Seemingly its untold, thats why 1.25. cheers.
If based on the latest full yearly announcement. Syscorp 12-mth EPS, 0.1223. Trading at 0.52, PE is about 4.2x. Harbour 12-mth EPS, 0.371, Trading at 1.25, PE about 3.3x. How? cheers.
HARBOUR is relatively stronger than SYSCORP.. Company has better liquidity to position themselves but don't know when will they reward investors for their handsome profits :(
If annualized latest quarter earnings, PE is less than 2x!! Who is selling? Craziness. Syscorp annualized latest quarter earnings PE is 2.24x for those who are comparing. Harbour should rise more than 10pct to chase syscorp's valuations.
The thousand lots sell queues above RM1.30 are fake IMHO to accumulate shares from scared sellers. Who the heck is selling PE less than 2x shares with half market cap in net cash? Crazy?
segments of harbour shipping,engineering and logistics.sys shipping,ship builder and ship repair.right now which company margin should be better???????
Current re-accumulation is still in progress. I'm looking forward shall the price be able to break above 1.370 soon. Good fundamental and the current price is still undervalued. It has been sideways for almost a year - looking at the monthly chart.
Harbour price is a cruel joke. Net cash of more than RM300mil (66% of market cap), PE less than 3x, PB 0.7x. Compare this to Syscorp PB 0.87x, PE more than 5x and net cash 140mil (14% of market cap). Harbour has to rise more than 25% just to catch up. What a joke.
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....
Weechichi
453 posts
Posted by Weechichi > 2022-08-31 17:49 | Report Abuse
If it is told, its price should be moving upwards at a more aggressive pace prior to result announcement, say 1.52. Seemingly its untold, thats why 1.25. cheers.