After checking, the Net Tangible Assets is 3.91 after Q1 2014 result. Thus, 1.5 price/book value will see the share price at RM5.88 Technical resistance suppose to be RM3.7 but seems like, its broken. Next resistance will be at RM5 base on 5 years chart.
i prefer to value it with PE and not price to book. assuming of PE of 12 times, it can go to at least 4.30. if you are more adventurous, than PE of 15 times is 5.40!
Yes, PE and EPS is definitely the foundation. Gtronics PE is already hitting >20. With semiconductor expected to do better this year, PE 15x is definitely not a problem. 5.4 will be a reasonable price but I am looking at each of its quarterly reports. as long as it is hitting EPS 7-9 cents, no problem getting to RM5 ~ RM6
babyzebra, research house normally wont show shareholders position changes. Sometimes they do but You can find it thru your online trading system or The Edge. I found out when I read the edge, there is one page where they list shareholders movement. That's when I saw it.
Wow ginny... you sure have a strong holding power. Nonetheless. ..its uptrend now n I'm sure it will hit till 5 this round. Who knows if it continues to post strong profit... RM9 is even possible
comparing y-o-y, net loss of -2 mil vs net profit of 9mil. Q2 is always lower than Q1 in trend, with Q4 being the highest profit. Q2 kind of slow down this time
Strong closing at 4.19 ... not far from rm5 ... important thing is read into the finance details n you will understand it's value. Otherwise. .. many ppl will have many views n input.. Happy cny guys
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The research firm said the Malaysian Pacific Industries Bhd is well poised to benefit from the positive spillover and the only 'outperform' call in the industry.
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....
kakashi
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Posted by kakashi > 2014-01-20 17:25 | Report Abuse
After checking, the Net Tangible Assets is 3.91 after Q1 2014 result. Thus, 1.5 price/book value will see the share price at RM5.88
Technical resistance suppose to be RM3.7 but seems like, its broken. Next resistance will be at RM5 base on 5 years chart.