This is the last quarter result of the year. Although this quarter result doesn't show fantastic however based on full year eps still maintain around 27cents. It deserved at price of 1.48 if based on PE 5.5 on average for majority of property stocks. Some panic selling is unavoidable tomorrow. Let's see how it goes tomorrow.
I'm still holding it. As u can see the daily volume wasn't exceed 5millions in a day after touching highest price of 1.49, it's getting lesser day by day. Big boys should know better than us how is the result will be before quarter result release but why there was not much volume? There must be a reason ... I guess there is a possibility to raise. Cheer bro Probability
instinctively i feel the same chris... on 26Feb same thing happened to KSL...the volume on that day is super high..it may be used for some parties to accumulate.. ya..we never know.
I don't think so. The year's results is confirmed at RM119 million. Even taking out the one-off income of RM36 million, it's still RM83 million which is 237% of last year's RM35 million. The company's earning per share is 28.56 sen which gives a PE of 4.62. Going forward, the company's management expects to remain profitable.
Simple Man, the loss for the quarter was due to deferred taxation from previous quarters now charged to the quarter. The dip is revenue is likely no major project completed during the quarter. The company said it will be profitable going forward, barring any unforeseeables. Good to hold!
I tend to agree with Chris Yeong and Probability. Wait to see performance tomorrow. Even if gap down, which is very unlikely, don't panic. The year's result is very good and going forward is profitable! And there was a recent sell-down with stock in oversold position. There is no reason for a gap down! KSL gap down in Feb 2014 was not due to poor results. Its' quarter profit was 127% of previous year's corresponding quarter. The gap down was due to opaque management which pays the directors generously and zilt to shareholders. For present quarter, they have promised to address this and the share price have shot up. There was sell-down this morning despite improved current quarter results due very likely to short-selling by the brokerages' stockists. But the buyers came back and the price closed with gain. Tomorrow, the upsurge is expected to continue! So, don't panic with SEAL. But sell only if you have lost faith in SEAL!
THESE SHARES GO UP WITHOUT FUNDAMENTAL. A LOT OF HOT AIR LIKE SOME VIP BUYING IN. SECURING LUCRATIVE PROJECTS. SO ON AND SO FORTH. NOTHING CONCRETE. ALL BASED ON HOT RUMOURS. IT CAN GO UP LIKE HOT AIR BALLOON.
BUT WHEN HOT AIR IS GONE. THE BALLOON FIZZLED OUT. THEN IT MIGHT SUDDENLY CRASH AND EVEN LIMIT DOWN!
2) A FLYING KITE
SHARES GO UP BY STRONG EARNINGS. KITE FLIES HIGHER AND HIGHER DUE TO FAVOURABLE WINDS. BUT ONCE WIND CEASES TO BLOW - THE KITE DRIFTS DOWNWARD
EXAMPLES ARE PROLEXUS & ZHULIAN
THIS QUARTER SEAL'S WIND SLOW DOWN. SO IT IS NATURAL FOR SHARE TO DRIFT LOWER
i can find "unbilled sales” in other properties shares report, but i can't find it in seal's report, anybody know the "unbilled sales“ for Seal? the P/E is still low, low debt, a lot of cash, high ROE, if it drop like crazy tomorrow, i will be speechless.
Canlaughdie, you 'WOULD be buying'? What an arrogant boast! Being such an evil mocker, how do you know God won't make you fulfill your nick this very night?! 'If you are a mocker, you alone will suffer' - Proverbs Chapter 9 verse 12b, The Bible.
Canlaughdie. It doesn't matter whether you are a Christian or not. The same God who gave that verse in the Bible will fulfill it in His own time for ALL mockers!
Very deceptive like the devil - delete your post when I quoted your foul words from your post so that it will seems like I am talking like that. What a cheap trick! Phui! You reflect well the image of the father of lies. And you will share his fate if you continue mocking!
Even if you make profit tomorrow, you will likely lose it all ultimately and more to those who are generous and do not enjoy and mock the distress of others!
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....
unsunghero
53 posts
Posted by unsunghero > 2014-08-27 18:35 | Report Abuse
poor quarter result