what is the outlook for property stock this year 2015? I am really interested in this stock. Someone please enlighten us on the strength and value of hua yang. Thanks
Affordable houses seems still got demand, but market sentiment very bad, gst impact for coming 2-3 quarters are for sure and will recover back slowly, but for the majority people out there are very nervous...people are feeling the pinch of rising cost and lower profits even though cpi is down for the past 2 months...BNM monetary tightening is still the main reason, buyers hard to get loan. observe next 2 quarters especially august.
HUAYANG MFI seem to be kicking in and historical chart it show that there is possibility for this counter to move higher. However, we need to be stay cautious as it form lower high which will limit the upside. So, for this counter, I remain optimistic and should not be greedy that aim higher profit margin.
It has been always in my portfolio and in my "to add list". Nevertheless, the current tough cold wind is blowing properties market hardly. I do not plan to add at 2.10 but have long waited for around 1.90 to add. How about you?
Albeit numbers of the whole years are good but I have more concern that rev and net profit of Q4 dropped by 23% and 21% respectively comparing to corresponding qtr last year. The biggest impact to me is that earning visibility of Huayang has been affected. I would cautious and wait for subsequent 2 qtrs to confirm its profitability before taking any action.
if new project brings gearing to close to 1x as kenanga said, then it's not a good thing. Follow up might be eps dilution excercise such as placement or warrants in order to raise fund for de-gearing.
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fallenorc
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Posted by fallenorc > 2014-12-18 08:44 | Report Abuse
How will this impact Hua Yang specifically?