brendonyeap: First johnmajor mentioned that GUH is very near to announce some recurring income projects overseas but you had come out with a more specific claim with this myanmar water project. how do you guys get hold to all this insider news?
brendonyeap GUH: It is close to sealing a 30 year water treatment plant concession agreement in Myanmar. The deal if materials, is expected to contribute rm9 million per annum to the company’s bottom line.
This is part of the company’s strategy to diversify its business which is involved principally in the manufacture of PCB. This division is the largest contributor which is 80% of its revenue.
GUH holds some rm40 million in water projects in Malaysia. Plans are afoot for greater participating in the segment via its 70% owned Teknoserv Engineering Sdn Bhd, which GUH acquired in 2012.
The group said the contribution from water projects is expected to generate about 10% of its turnover in 2014.
Apart from water treatment plants, GUG is involved in key businesses including electronics and electrical property development, plantations and power generation.
It has been operating a 35MW diesel engine heavy fuel oil fired power generating plant in Cambodia since 1997 via a 20% stake in an IPP. The concession is due to expire in 2015.
It has property development in Taman Bukit Kepayang on 50ha site in Seremban. 26/04/2014 00:30
well, im thinking of maybe RM.1.80 but im also willing to wait for a year or 6 months. thatz why if I can get a rough estimate on the TP I would know what to do.
errr.....there is no such thing as extimate tp.. so it all depends, whether r u a trader or an investor.. a trader would have cut losses when the prices break down, or maybe will only initiate a position when there is support + vol noticed during the mark up. but investors will js buy if they think the value of the co is worth buying , cheap perhaps?
GUH: First penang property project. GUH Holdings Bhd is planning the initial launch of a MYR238m residential project in south Seberang Prai next year following the acquisition of a 46-acre land bank for MYR69.7m in Simpang Ampat. Group MD Datuk Kenneth H'ng told StarBiz that the project, comprising 322 units of landed properties on 16 acres or about 35% of the 46-acre site, had been approved by the local authorities. (Source: Bursa Malaysia)
according to the announcement, this project is expected to contribute about RM90 million ++ over 5 years which is quite substantial with an average of RM20 million a year
i believe how to arrived at 70sen is taking cash & cash equivalent/share issue. Net cash per share is calculated by take cash & cash equivalent - total liabilities / share issue. That is how i got 37.5sen/share. Do correct me if i missed out something.
Latest result showed a strong recovery in their PCB biz which saw a strong demand in multi-layered PCB (Rev +24%, PBT +45%). This was also a main concern of analyst & why share px been so depressed due to its PCB biz (deemed sunset industry).
Net cash of RM0.375/share + 13.7m shares held in treasury provides much room for company to maneuver (20% stake 100MW power plant in Cambodia from sister company & water concession in Myanmar as previously speculated).
Pent up demand for its multi-layered PCB (PCB biz contributes 30% of its net profit) & successful acquisition of a concession to provide recurring income will serve as a rerating catalyst for GUH. Expecting another leg up towards RM1.80.
can shoot to 1.80 by the end of this year. Downtrend is over. Uptrend ONWARDS lai lai believe in alphajack, see my Uzma huat rdy, I cashed out a bit from there and swallow some GUH. Time for some GO GO GO GO GGUHHHHH
I suda tenggok counter ini 5 bulan,mau masuk pun belum berani lagi,tapi banyak orang suda masuk dan keluar banyak kali.Ada yg siok siok masuk tapi tak boleh keluar lagi.Tunggu lagi sikit hari!
lol the bear run already over. Wont go down again, I damn lucky top up more at 1.35..now will move back to above 1.50...Can jump to 1.60 possibly. Look at Gtronic and Vitrox all pumped up ready. GUH is the only one still waiting to jump hehe. Lai lai HUAT AH
My darling stock end of this year my tp is still 1.80. Wait for it..when it leaps..it leaps forward a lot..has been stagnant for too long ready. biz pe is too low and it has healthy load of cash. Market should realize its value soon.
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....
optimus7
571 posts
Posted by optimus7 > 2014-04-26 00:41 | Report Abuse
interesting...so close to my cincai target. where u get iv brendon?