Let me share my experience about Hauyang ,I started investing from early 2012 and sold all just before last bonus but I bought back some @1.89 after its Q4 result which is above my expectation, now after its Q1 FY2015 result I feel that I should have bought more . I believe the price still can improve further and its PE should be around 8 based on its forward EPS.
I bought before bonus issue last year.(u sold but I kept). U bought at 1.89 couple months ago, me too at 1.89/1.90. I bought again last week at 2.35. Ha! How will this batch at 2.35 perform is unknown.
I think is quite safe at this level after all we still have 7 sen dividend coming , may want to add some more to average up, as I said taking PE as 8 and forward EPS as 33, TP can be 2.60+.
Current financial year estimated eps is 41 sen, reflect to PE lower than 6, which is definitely undervalued for 5 star management which gives dividend every year and maintain its growth.
Wow ! very optimistic. Unfortunately I do not have much excess fund else I will buy more Huayang.
I like the key words "5 star management" which I gave it to Mahsing thus my biggest investment is in Mahsing instead of HuaYang. Sadly, price performance of Mahsing is far behind 5 star although biz performance certainly is. Luck plays an important part.
Hi Tony : yup, I am still holding my MKH tight tight too.
I am a very sentimental people, once I love a girl(Mahsing), I will very love her for long term. This is the nature character, I cannot help myself.
Luckily I can love many girls at the same time, therefore besides Mahsing, I love Huayang, Matrix and MKH too. Most of the time, I go to Huayang and MKH even though the biggest "wife/大婆" is Mahsing. Ghost asks her not sexy enough.
Hi Dragonfruits : I just read again few charters of book by Len Yan this morning. He said those making big money from Bursa are those fall in love deeply with their shares with condition that the shares are 5–stars shares with continuous growing profit.
Focus on company fundamental performance instead of keep spreading news such as "no bonus/result released earlier so expected bad performance/high RSI. It is very annoying to focus on such no sense news.
From my opinion huayang bigger problem is lack of landbank and has to keep purchasing land. But the 5 star management to built affordable house n generated profit, which is almost impossible for most of the property stock.
You can go on and keep posting such negative news, but one ppl comments is not able to influence huayang fundamental performance, and so does with its share price that will follow its profit.
huayang early of september to pay dividend soon, hold tight tight till dividend. future EPS of huayang keeps growing, as long as EPS keeps growing, do not sell off the shares.
Len Yan dint sell his shares after bonus issue, instead buy another 66k stock to make it to 1.8m shares. Huayang is a good counter with decend dividend yield and keep growing EPS and upcoming 1b launch is nice. short term target price i rate rm2.88, with long term target price above rm3.3++
Quote : "With all this in mind, Hua Yang is ready to sustain longer term development activities, with its available landbank of 602 acres which has a potential GDV of RM3.3 billion."
Hua Yang (HYB MK) Technical BUY with +13.4% potential return Last price : RM2.41 Target Price : RM2.50, RM2.70 Support : RM2.30 Stop-loss: RM2.25 BUY with a target price of RM2.70 with stoploss below RM2.25. BUY with a target price of RM2.66 with stoploss below RM2.08. After hitting a 3-month high of RM2.45 on 17 July, HYB’s share price has been trading sideways over the past 7 days. However, the share price broke out of the consolidation phase yesterday with a high trading volume of 1.0m shares (vs 20-day average of 0.5m shares). Given the potential bullish crossover in MACD and rising RSI, the strong momentum should be able to push the share price higher in the near term. We peg the immediate target at RM2.50 which, if breached, may continue rising towards RM2.70 over the medium term. Timeframe: 2 weeks to 2 months
Congrats to those who believed in huayang management and didn't listen to the nay Sayers and kenanga fund manager analysis who downgraded huayang! So those who held huayang till now are the ones laughing now!
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....
greddym3
286 posts
Posted by greddym3 > 2014-07-19 17:44 | Report Abuse
It's okay Newbiebetta, we hear your opinion. TQ