Because EPS drops 50% compare with corresponding quarter of last year. Obviously, a lot of people do not see that the comprehensive EPS has actually increased due to currency translation gain from overseas operation. In short, the public is panic at the moment but the price may correct back to close to RM 4 after some people have discovered this later.
The company got net cash of more than RM 2 per share. Imagine that you buy a share at RM 4 and actually they are putting RM 2 to work for getting the EPS of RM 0.2x, which is more than 10% yield, not so bad.
Please read "Deep Value in search of a fallen - APM" in the latest headline above. Well written article for you to consider if you are wondering if you want to sell or buy APM
We are here to encourage each others as a shareholders and partners. You are not our partner as you have no shares. Furthermore, you have bad motive to kacau us. So go to other counter lah.
Hold tight! Something is brewing in the backline. Do not make silly decision of selling too early and to regret later when the share price reflects to break the historical highs due to upcoming flow of good news.
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....
andylee1919
282 posts
Posted by andylee1919 > 2014-09-02 16:03 | Report Abuse
Drop 10 cents !!!