Cview 5049 annual results of listed to hit a record high --- a) 2013 年 11 earned 77.79 million during June b) A total of four quarterly dividend of 27 sen net dividend has 20.25 sen, in order to calculate the share price Rm 3.25, Yield = 6.23 c) nta = 2.35 d) eps = 77.79 sen d) Rm 3.25 price-bit count, pe = 4.17 times in the transaction, is not very attractive, if seriously take reasonable PE ratio six times count, price = Rm 4.66 Most counterparts in other industries share pe = 8 times in the transaction, visible cview is cheap, Yield = 6.23, hold and buy the next clothing.
林俊松, cview have very high receivables of almost 102m (increase of 41% from a yr ago), cash of only 17.6m due to substantial repayment of borrowings of 38.4m, even after repayment, borrowings r quite high of 83.8m btw proeperty share price are all irrational trading at 50% or less of book value but cview trading at 1.4 times book value. Unless in the future, cview is able to reduce receivables and borrowings, boleh tahan la, but receivables jump 41% y-o-y is very high
Jerry, u also bought country view? Their PE ratio now. Is it too good to b true or is a trap set like china company? I'm confuse lah. 20 cents dividend per year. NTA RM2.35 PE 3.93 Dividend 6.5% ROE 45.25% EPS 77.81 cents Earning yield 22.84% Returns on capital 43.41% Grahem net-net -RM99386000 I just worry about property counter this year due to Budget 2014 & rivalry in Iskandar.
This stock still in uptrend. Support at RM2.75. Resistance at RM3 then RM3.30. Dow up 1% on Friday and more buy rate on last week, i believe will try to break RM3 next week. Good luck!
Yes. I know major shareholder still disposing. But now PE only 3.8, I am confident that it will trading at PE 4 - 4.5, since CVIEW is most profitable and high dividen properties counter. Just be patient
i think many investers are worried about the court case on March, but this is over cautious as the earning per share is 77 sen or 77 million earning . Even if Cview were to pay 20 million for the case ,there is still 57 million in hand, so what"s there to worry, what mare the case may drag for another 2 or 3 years before settlement. SO, have faith in the company, tomorrow is better! sooner or later you can make a sum from this counter, i believe.
About the court hearing on March nade by 174 residents, do not be scare. even if the award is 10,000 per house, it only amounts to RM1.74m, but Cview has over RM20 m cash in hand,can easily settle the case. Have a good sleep.........
Yes. This is a good stock. But no hope to rise above RM3 on this month or March. May be can up on early of April. Since now below 50 SMA (RM2.83), have risk to drop to next support RM2.60. Good luck!
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....
AhHuatKopi
89 posts
Posted by AhHuatKopi > 2014-01-21 18:02 | Report Abuse
tua huat , good