afternoon up n tom up again. Heard Nanyang papers gv very strong recommendation...any fellow investors here savvy in mandarin and kind enough to do a summary? thxs :-)
Got a friend to translate that to me, basically, it's an interview with Mr. Low on the future of the company. They are saying they are running 0ut of land to develop and is sitting on piles of cash..probably doing land acquisition and the managing director actually ssaid it in the news paper that they are UNDERVALUED but does not think that there will be any major movementof the sshare price in the foreseeable future.
0.6 pe is 5 only.. plus if you buy theedge newspaper and visit their current sale project, you ll see sales are good. Malaysian priority is house and car.. so sales are always intact. Next quarter will still be good even tho not as high as this quarter...l&g last quater always the highest
Agreed with you ACELEE,I also sell my at 0.37,-0.375 waiting at 0.34-0.35 range. Should not be a problem as Index overbought coupled with strong resistant at 1839 level. Actually overbought in the clear uptrend is not a problem but a question is "buying power and willingness not strong" thus retreat is expected for both L&G and KLCI.
Hjey,leeyh,cytew your comments are fair and insightful. Great work done and I am digging out your postings one by one and I feel you guys are different from others.
I personally do not like GLC at the first place.However,after I take a deep look over MRCB-wa,it looks great due to its high gearing of 6++ which is the one of the highest in warrant trading in bursa coupled with many news roll out in very near future, MRCB-wa should have bright prospect.
Luvluv,L&G retreat as expected.Further down is expected. See you there at 0.34-0.345 and 0.48-0.485 for both of it mother and LA luvluv as promised as it is a very strong support there.
Gearing in the case of financial gearing (Liabilities/Equities) is sure the lower the better as this represent company resilient in the industry. However in the context of warrant,the higher the gearing will represent the greater chance for the warrant to move in tandem with its underlying assets (i.e its mother shares) as well as give capital allocation benefits to investor other than directly invest in the shares.
Ie. When the stocks of A is valued at current price of RM 2.5 and its warrant valued at 0.5 let say,this is the gearing of 5 and thats mean if we want to invest RM 10000 in stock A with 4000 units we can also make an alternative to invest in its warrant by having 20000 units while we also riding the same trend with the mother. This is one of the elements of gearing.
For L&G better investment will be now for LA,but I think It is preferably to wait price to come towards 0.35 level as I think buying power at current level is not strong so be patient.
Forever won't up? Slow? Look at it's one year performance. Maybe you aim for 200-300% every year. In that case, I am under qualified to advise anything. But for me, this stock has performed very well, went I'm at .43 and within 3 months I got a 16% gain. Is that not good enough enough? If it can keep up its performance, 40% per year would be possible and given it's potential, you can easily quadruple your money in 4 years. 250k to 1M.
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....
ch beh
88 posts
Posted by ch beh > 2014-03-24 11:16 | Report Abuse
Good sign for breaking its 10, 20 & 30 Days MV.