1st speed test completed successfully,peparing 2nd speed test at 40kmj ( simon 84 proposed speed limit) !!!!!!!!!!!!!!!!!!!!!!!!!!ggggggggggggoooooooooooooo!!!!!!!!!!!!!!!!!!GGGGGGGGGGGGGGGGGoooooooooooooooo!!!!!!!!!!!!!!!
Current price:36.5 sen EPS: 6.13 Current PE ratio: 5.95
Assume PE to achieve PE of 8( which is quite conservative in view of the large amount of projects in hand of Zelan and also the Malaysia 11 project in coming)
estimated TP: 49 sen (8*6.13)
now the price is still considered vastly undervalued, y not guys? :)
Zelan was testing the MYR0.36 resistance level in its latest session. Traders may buy if this level is surpassed in the near term, with a target price of MYR0.41, assuming the MYR0.385 resistance can be breached. In the meantime, the stock may move sideways if the MYR0.36 level cannot be surpassed. In this scenario, further support may then be found at MYR0.33, where traders can exit upon a breach.
Sikit2 lama jadi bukit... But no suitable for contra player cause zelan is slow and steady type. Want fast and furious then go to speculate counter such as asiabio,sumatec...keke
Can anyone kindly explain to me, while Zelan's financial year is usually counted at March of every year, why did this year we have 2 instead? One at March 2014, another one at December 2014? (9 months instead of 12 months) How does one interpret this result then?
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....
stainlyho37
2,275 posts
Posted by stainlyho37 > 2015-04-16 15:16 | Report Abuse
buyer 0.355 coming up...