Index link and banking stocks are moving up north today, good sign. Hope steel stocks will move up and do a catch up after a minor consolidation. Thank you.
Aluminium all time high price already. Sentiment inflation n federal u.s will increase interest rate in march will make all big sharks come to hot stocks such as commodity n bank stocks , which will get direct effect from it. Just calm its just temporary correction. It will shoot up when all retailers washed out. It will be like glove glory day in year of 2020.
AYS has 2 qtrs of excellent profit performance and at 70sen, it is trading at a prospective PE of less than 3x. While we do not know why it is trading at a wildly unreasonable and absurdly low PE,the management could look into and improve the quality profiles of its shareholders.
The latest AR showed that the largest 30 shareholders holding 80% of the shares are mainly Chew,Ann,Tan,Lim,Chia, Ong,Tay,Ng,Mak,Wong,Jee,Toh,Low,Au,Cheng,Chong, Tan and Gan. It would be impressive if they can bring onboard as shareholders the institutions and funds such as EPF, TH KWAP, Angkatan T, Public Mutual, Prudential or any other impressive names. If this is accomplished, the share price could stabilize at fair value market PE multiples.
Just like a product, management needs to promote the attractiveness of the company by engaging the institutions and corporate presentation.
Agreed with trader808. The management of AYS has to promote its shares to institutional fund managers.
I remembered my meeting with the management of Dayang. Dayang invited all fund managers to its road show in Malaysia, shares of Dayang was placed out to fund managers when the share price of Dayang was at 1.20 to 1.30. In less than a year, the share price of Dayang went up from 1.30 to > 3.00. I hope the management of AYS will do a road show to promote its shares to the institutional fund managers.
Truly glad to know that we shared similar opinion. It is hope that AYS concurred with our perception and act on it accordingly for its market cap to scale and achieve new height.
To me, the most important thing is Q3 2022 result to be released in this month must be very good. Good PAT and High EPS will help to move up the share price to the north. Thank you.
Jerichomy, why u are concerned about KYY sell or not. his selling / buying actions or calls don't bear any significance as no one believes him anymore.
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....
Jerichomy
4,346 posts
Posted by Jerichomy > 2022-02-07 23:16 |
Post removed.Why?