Profit dropped 61% is not to be neglected n definitely its stock price from 30c will be adjusted accordingly to 21-22c , even the present price at 23.5 is considered a bit elevated...
Asia Pac's earnings have been trending downward for the last few quarters. There is no way for us to buy at current price if the earnings moving upward. It could be an opportunity to grab low price shares given the potential of Imago mall generating recurring income in future.
Update:
P/E: 8.8 times EPS: 2.67 cents NTA: 0.39 Unbilled sales: 390 million Balance of properties to be sold: 125 million Catalyst: Imago Mall ( estimate rental revenue 70 million per annual in future)
limayseng u said around 0.21-0.22 well I think should be around 0.02 cents worth only haha...anyway most ppl don't see one day show in stock market pls go genting for your quick fix .
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....
davidlai63
626 posts
Posted by davidlai63 > 2015-03-13 23:15 | Report Abuse
Ohhh Ivan, you sure ka ? IF there is a case then I will hold till that... Cause, I went in 0.315 per share...