Insignificant effect - The aforesaid subscription is not expected to have any material effect on the earnings per share, net assets or share capital of SEAL
There maybe insignificant effect materialistically but certainly investors will take profit on Monday for a price adjustment to take place. Thank lord.. I got rid of mine yest :)
Peazielle, congratulation on running for cover by cashing out on time. Dun forget to reciprocate Seal's generosity by revisiting it frequently to milk more cash. I like this counter for using its profit for future growth instead of distributing them as dividend. Quite positive that share split/bonus etc will be on the offing this year.
let market dictates the price , price down and volume down . Gut feeling it may go higher to a higher TP as the EPS is more than 31 c .. So pegged at pe @ 10 shall be 1.50....In between, there bounds to be some minor corrections in order to move higher.
1. Fourth quarter (30 June 2014) results by August 2014; hold and access the price then, another 30c EPS in Q4, will send the price to RM 2.00. MID TERM INVESTMENT STOCK, EVERY PULLBACK IS AN OPPORTUNITY TO BUY
18/06/2014 11:14
2. Based on a conservative eps of 40c for coming FYE 30 June 2014; and PE of 4.5x, the FV should be around RM 1.80 when the year end June financials are announced in August. Price normally runs ahead before August.... Extremely good fundamentals. Looking at RM 2.00 by year end or earlier. Stay Invested in SEAL>>>>>
like it or not , this share may go higher each day coz its earning is too tempting , more than 31 c per share ! come august will disclose 2nd half result, if breaches higher still , nobody will be able to contain the price at 1.30-1.50 ? This is my analysis and disclaimer attached...trade at your own risk.
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....
auntiex
100 posts
Posted by auntiex > 2014-06-27 19:42 |
Post removed.Why?