upsidedown...TP is quite dynamic for me - knowing PE is something relative to peers.
For now, SEAL deserve PE of 6 as a minimum (i.e, rock bottom)due to:
its earnings consistency, balance sheet... its management - gives me good vibes.. they seem bright, trustable...dynamic (JV ideas) n growth oriented. I can feel many things r about to be done by this company... Yet to issue warrants. Potential seems great.
many things can be done, to kick start more project, need more capital, can do a cash call, rights issue, to improve free float of share to make bonus issue...to attract institution investor. For the above to materialize, Should be benefit to the management and company to push share price to RM2 above.
max kill is 140 only ....frustrated that not many are willing to be slaughtered any more ! they had to increase their nos but seals are being intimidated too frightened and had been hiding everywhere , where it is more difficult to catch the prey now...
casualties 137 got killed too! coz they had no place to go as the raya is approaching and they need cash to decorate their houses . it is understandable . But the majority not willing to get killed for nothing but at a price. They are willing to be culled after the 2nd qtr ...when the picture is clearer.
The last sell-down on 1st July comes after 20 days of uptrend rises beginning on 11th June. Today is the 20th day since the uptrend on 3rd July. So investors are cautious. But if it close at 1.4 or above today, it means it has overcome the 20 days jinx and tomorrow very likely to fly!
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....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2014-07-22 20:14 | Report Abuse
Probability. What's your TP for SEAL?