The sudden price jump in July (without apparent public news) is indicative of insider movements that there is an effort to bid on a big project. History tells you, the owner of Johan does not bid for something and don't get it (in the last two years). This is good long term counter.
have faith in Gkent & Johan's directors. Gkent is trading at 4x book value and PE 20. Johan is only at 0.88x book value and PE 5. Good management, good fundamental, I am not surprised if this goes to 1.20
Hi KKLing,... I have no mid-term, I have long-term (by mid 2018) Johan will be RM1.50 at least. As SmartyAlek has said, Johan is trading at low valuation due to low interest from public. Wait till Johan gets into either Real estate property or Oil & Gas, then you will see the interest. Anyway, Johan's current businesses have turned profitable and will remain so for three years (some lock-in deals).
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....
alvinchiam
1,555 posts
Posted by alvinchiam > 2017-07-25 15:02 | Report Abuse
Johan clear stok.. want cash.. dont want stok...!