Brother Eagle95, I really can't say what's the TP will be after the ex-date but you can take comfort that the TP of $3.03 is for 1 year after ex-bonus. Price fluctuations depends on market sentiment.
Please see my snapshot of the EPS of HY....too good to ignore it. Keep for mid or long term?
We believe stock re-rating is imminent after the group posted a series of strong earnings growth of average >50% YoY over the past 9 quarters. This shows the company’s ability to achieve double-digit earnings growth is not a flash in a pan.
However, despite the strong earnings growth, the share remains undervalued as it is trading at a PE multiple of 4.0x, which is below its 4 year historical mean of 5x
So it's up to you to hold it for a much longer term or just "hit & run"...I believe that with such good dividends, it is very much better than REITS...maybe next year HH give 22+ cents base on it EPS? Mind you double-digit earnings growth is no laughing matter & as the analyst says the TP of $3.03 & I think is quite achievable, maybe more who knows!!
Cheers & as always, you make your own decision, thanks.
the TP has been adjusted upwards but it is just a reference. Some counters have even better TP (upside) but the share price not moving. example: Benalec. Personally, i am looking forward that this counter will grow progressively as per what has happened for the last few quarters.
15 sen per one share, based on current prx 2.14 actual div on your investment will be 7 sen per share, and after tax, will be net 5.25 sen per one share.
The actual Dividend payout will be RM0.1125 (you all has miss out the company tax 0f 25%, 0.15x 75%). hecne, the DY should be 5.3% only (today close at 2.13)
Correct me if im wrong......... private placement is selling shares only to selected parties/investor/person... not selling their shares in public offering... i think so if im not mistaken...
Private placement is something that will dilute the EPS of the current shares you are holding. Same earnings, but more shares now. New shareholders benefit from below market price and eps, old shareholders..... do they care ? So who do you think the new shareholders will be. Small guys like us? This private placement leaves a bad taste in my mouth.
Huayang has reported the result of this qtr. since last month, EPS 11.44 sen annualized to 45.7sen and adjusted to 41.6 sen after the placement of 10% of its shares,so the forward PE is only 4.7, not to forget there is a 1:4 bonus issue coming.
Dear traders and investor.. I have rounding KL at 31/8 and looking at it township in Batu Caves and slowing my car,what i can see is it has 'compact' township but fully occupied.. To me Hua Yang is 1 of UNDERVALUED stock that waiting time to BURST anytime.. In short/medium term HuaYang will in UPTREND movement propel by latest dividend and 1:4 Bonus issue that probably happen in the end of this month(SEPTEMBER) or in OCTOBER.. Thus BUY call is initiating for HuaYang with TP of RM2.15-RM2.30(MID TERM).
Paulina@Agree with you. I'm with strong faith with this counter.In my opinion tp could be up to RM2.50, by this coming end year, Sep or Oct. By the way, could please update me about the Bonus issue and dividend is how to calculate and based on any? Please anyone could advice as well.
This is another one of my regrets (that include Takaful, DiGi, TM, Affin etc.) One helpful guy here suggested it to me a few months ago due to my interest in counters with the strong fundamentals of good EPS and also paying dividends. But I didn't buy immediately and instead went for another counter which was active. Made money with that one but could have made more with Hua Yang.
Hua Yang is a good counter but-but company lack branding. strong in Penang area. pays good dividend. sales targeted at middle income class(afforable) housing
Today closing price was RM2.02. If you buy today, you can get RM112.50/1,000 unit of Hua Yang's dividend (after 25% less tax). Tomorrow the reference price will be RM1.87, it will be better if you can buy at this price.
"theoretical":-) By the way, there's a great desktop dictionary & thesaurus that I've been using since 1999 - WordWeb (for Windows) http://wordweb.info Get the free version. A user can easily check the meaning of a word, its synonyms and antonyms with just a click. After you have installed and launched it, right-click on the icon and go to "Change hot key". You can set it to whatever you like (mine is Ctrl + Right Click).
If you do a lot of writing and reading in English, this is one utility that you can set to automatically launch every time you start the laptop.
Dear traders and investor it is better for all of you to have at least 1good book of INVESTMENT.. This will help you to do WISE decision in buying stock..
That's true. One of mine is this - "How to Make Money in Stocks: A Winning System in Good Times or Bad" by William J. O'Neil. The examples are from US counters but that's not too big of a problem. The important things are on how technical charts can help but the observations on what type of companies tend to go up (or down) and the situations in which this happens.
Mat, thanks for the correction. It's been a long time I have not been writing. Now more of business writing like this one here. Reading more on corporate leadership and biz coaching. No time for checking thesaurus when market is in motion
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....
chong
3,074 posts
Posted by chong > 2012-08-01 02:25 | Report Abuse
Brother Eagle95, I really can't say what's the TP will be after the ex-date but you can take comfort that the TP of $3.03 is for 1 year after ex-bonus. Price fluctuations depends on market sentiment.
Please see my snapshot of the EPS of HY....too good to ignore it. Keep for mid or long term?
http://i5.photobucket.com/albums/y193/chongwah/huayang.png
As 1 analyst said, I quote..
We believe stock re-rating is imminent after the group posted a series of strong earnings growth of average >50% YoY over the past 9 quarters. This shows the company’s ability to achieve double-digit earnings growth is not a flash in a pan.
However, despite the strong earnings growth, the share remains
undervalued as it is trading at a PE multiple of 4.0x, which is below its 4 year historical mean of 5x
So it's up to you to hold it for a much longer term or just "hit & run"...I believe that with such good dividends, it is very much better than REITS...maybe next year HH give 22+ cents base on it EPS? Mind you double-digit earnings growth is no laughing matter & as the analyst says the TP of $3.03 & I think is quite achievable, maybe more who knows!!
Cheers & as always, you make your own decision, thanks.