JOHAN is 2016 must buy stock ! JOHAN target price is 30sen at least !
JOHAN is a company control by GKENT boss Dato Tan Kay Hock and his wife Datin Tan Swee Bee.They hold 34% stakes and 37% stakes in JOHAN and GKENT. Dato Tan is a golf buddy of PM Najib. This strong political relationship bring alots of LRT and MRT project to GKENT. This is why GKENT share price rise from RM1.10 at year 2015 to current almost RM3.00. HL research house recently give GKENT fair value at RM4.01 !!
JOHAN hold GKENT 4.19% (12,580,800 shares) stakes of GKENT through JOHAN EQUITIES SDN BHD. This stakes worth RM36,484,320 at current market price. It is almost 50% of JOHAN market capital. It is good and cheap exposure to GKENT.
JOHAN recently stop and disposal some business such as DINERS card and LUMUT Resort which incurred operation loss. It is a good sign that Dato Tan will restructure JOHAN with profitable business. There are rumours GKENT will inject some MRT related project to JOHAN. GKENT orderbook is RM5.5 billion. Even inject 10% of orderbook into JOHAN, JOHAN share price at least worth 50sen le.
JOHAN share price 13.5sen almost at its historical low. I can said downside risk is "0", upside potential is 200% ! Where can find so cheap and good stock in BURSA ??
no la, the result was out earlier today.. if wana dive would had dived today.. anyway despite the loss it was better than previous quarter..maybe will consolidate for now..
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....
nickyesh
197 posts
Posted by nickyesh > 2016-09-20 15:18 | Report Abuse
@masterkevin212 hopefully is 0.175 ... however now still between 0.16-0.165. Finger cross