yes,,,,,another L &G in the making...low PE and trade sideways for far too long ? It will be a matter of time that it will be noticed . By that time , it will be passed RM 2.00....
a scenario , trend wise , chart-wise point to -ve done by certain groups , so as to buy cheaper shares, once got enough, it will start buying up to sky high...it is just the same old tactics..
PE 2.44 for Seal ????????????????? much much lower than L &G at 3.64....gapped up today >18% for a single day....so , the next one could be this one????
L&G has 450M over shares held by public...it takes a lot of volume to push.... It was suppost to go up long long ago... SEAL will be way sooner. Stay SEALed.
We cant advise you to buy now or not. But i am holding on to seal for the following reason: 1. High forward EPS - my guess to be 50sen plus for 2014. 2. thus Low PE of 2.8 or lower if 4th Q result is good. 3. consecutive and improved profits for 8 quarter. 4. Good business model - JV with landowner in property project. 5. JV business model -good margin, no land holding cost. 6. Leasing back a Mall in their Cheras project - Recurring income. 7. Good connection with landowner in Penang. 8. Moving HQ to KL, more project opportunity. 9. Net cash in hand RM111mil. 10. Prudent and pragmatic management.
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....
Tornado
1,938 posts
Posted by Tornado > 2014-07-30 15:19 | Report Abuse
only time will tell