tonylim, sorry not response as just read it now. EPS not really drop much but good to see price action drop. Only confirmation is Huayang is not in uptrend
Which means the estimated 2013FY EPS of 33cents can be exceeded. What is crazy is when klci dropped 2.6% in two days it dropped 7.5% and today the price has not really rebounded so what are you waiting for ?
Not sure is huayang will worth 2.80 but based on the recent result, huanyang 3Q is already 28c. If we assume 4Q will also record same as 3Q, huayang total year eps is 38c. Huayang have a dividend policy of 40% distribution. So based on 38c it will be 15.2c. At current price it has a dividend yield of 9.6%. And yes Huayang normally declare div in July or August but I believe they have split the dividend to 2 times. This might to prevent big fluctuation in the price when dividend is announce. Anyway, based on the assumption, huayang PE will be 4.1 and the Div Yield is 9.5%. If it calculate based on current PE of 6 and forecast earning, Huayang should worth RM2.30. Huayang is a fundamental stock with landbank in strategic location and it's one south completing by this year. Anyway, the above just my flaw analysis.
Huayang price adjusted higher on the 5c dividend news. Need to wait longer for it to reflect its actual value. Maybe when final dividend is announce then we can see value in it.
Hi necro, I do not track digi and maxis. Therefore unable to provide any estimate. But to me, if there is a drop, can buy. Reason is, bull or bear, ppl still need to make calls. And more and more ppl graduate and come into working field. So they sure need to have a phone. So any weakness, I will go and buy. Anyway, still sorry that I'm not able to address your question. I'm still a newbie. Maybe some other gurus here can help.
Tony ,this might be the interim dividend and may follow by a final div. later after its Q4. As for the price movement at the moment I just ignore it for I know after Q4, with its good result and final dividend the share price shouldn't be at this level.
I echo what aunloke saying. The price definitely won;t stay at current level when the final dividend is announce. Furthermore Huayang always like to distribute bonus share. So this is another catalyst for this share.
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....
stock5678
531 posts
Posted by stock5678 > 2012-11-26 18:40 | Report Abuse
Yes, coming to md. but 1.55 now i need to consider again base on TA tonite first :)