david i heard only. Either way, fundamentals are intact. PE below 10 with 90+ million cash. 2Q16 should be stronger than 2Q15. Been following this stock very long liao.
off market purchased of 1.3% (RM1.54 x 3,900,000 units) of total share by biggest shareholder of Chin Well, is it a good sign ? But the price is lower than market price, good sign or bad sign ?
Drop 3 days consecutively ... ....despite with huge volume and time for collection on Monday . Must learned to be patient to make some profits........since most of the time.......down very fast.....but up so difficult.......and every sen increased......alot of those big timer buying in bulk......makes a lot of differences just of 1 cent increased . Every cent increased mean alot for those who buy in bulk .
If it could maintan 6sen eps every quarter(i believe next quarter result will be better), the total accumulated eps will be 24sen. According to the 40% dividend policy of chinwel, that will be 9.6sen. Based on current price, dividend yield will be 9.6/166 = 0.0578% which is better than fd.
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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....
joe2703
123 posts
Posted by joe2703 > 2015-11-26 16:47 | Report Abuse
Hopefully result is good! I also think that it will be good! Good luck everyone!