Well ecoworld with its latest quarter revenue only $20-30m but the market give it a $1.2 billion valuation / mkt cap- that's a bubble .. not sure what is the factor except maybe tan Sri liew goreng ecoworld .. By contrast : Seal revenue this quarter 150m market only give it a $170m value/mkt cap .. I think seal haven't really fly yet .. Just wait lar , More money will come $$$$
Anyway ecoworld took 7 months to reach rm 5 .. For seal I think if it break the rm 1 level , anything is possible .. Just wait unless if u have better counters to buy , let me know also hahaha
Company like seal is very attractive takeover target U have to see who is scooping up the shares Just like encorp "dimakan".,,remember the big boys can even makan spsetia .... So seal is attractive.. just like encorp ... They have land in langkawi and kedah
Seal could be an attractive takeover target like encorp.. It is cheap and can be used as a property division of those big boys .. That's the trend now , like encorp dimakan felda , spsetia dimakan PNB It's easier to takeover as the assets /land comes free and no need build company from scratch
Relax.. Good time to enter if it's cheap why not ... Other stocks like ecoworld 4-5 ringgit also people buy As I mention seal can be a very attractive takeover target for the big boys Unlike ecoworld who the shareholder inject land at the same time get the share based which already balloon up to unrealistic level , seal land is there and not been revalued Its a more exclusive share as its share base is much much smaller compare to its actual operating revenue/business.. Just buy and hold :)
Seal Inc (SEAL MK)================================3rd june Technical BUY with +16.8% potential return Last price : RM0.805 Target Price : RM0.875, RM0.940 Support : RM0.760 Stop-loss: RM0.720 BUY with a target price of RM0.940 with stop loss placed below RM0.720. Following our earlier BUY at the price of RM0.650 on 28 Mar 14, SEAL hit our initial target price of RM0.780 yesterday. However, SEAL has shown a strong upward movement after a gap-up on the back of a much higher trading volume of 35.0m shares (vs 20-day average of 3.6m) and is effectively trading in new territory, which was last seen in Aug 03. We opine that a bullish crossover in both MACD and Stochastic should push the share price higher in the near- term. Conservative investors may try to accumulate at RM0.75-0.80 while expectations of profittaking activity may drag the share price slightly lower. Regardless of this, we peg our mediumterm upside target at the 1.61x Fibonacci extension target of RM0.940.
for most who'd bought this are long term.. short term are those fryers (one thing about Seal.. u cant fry it.. the momentum is usually slow and stable) :)
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....
kk123
1,964 posts
Posted by kk123 > 2014-06-02 20:56 | Report Abuse
Well ecoworld with its latest quarter revenue only $20-30m but the market give it a $1.2 billion valuation / mkt cap- that's a bubble .. not sure what is the factor except maybe tan Sri liew goreng ecoworld ..
By contrast :
Seal revenue this quarter 150m market only give it a $170m value/mkt cap ..
I think seal haven't really fly yet ..
Just wait lar , More money will come $$$$
Anyway ecoworld took 7 months to reach rm 5 ..
For seal I think if it break the rm 1 level , anything is possible
..
Just wait unless if u have better counters to buy , let me know also hahaha