this stock is doing decently as we can see the personal care segment is growing fast albeit the tissue paper segment remain same, however their expansion in Vietnam is going to kick start next year if not mistaken(of course it wont contribute significantly to the top line but rather will drag down the bottom line at first). Current valuation might not looks too attractive(it differs from people to people), but looking at the business itself, it is so damn attracting. this business is simple as when the revenue grow, we know the market share is growing(of course not grow because of inflation), and we know it will doing better and better especially when the raw material cost is falling down. So, for its business nature i think that it deserves a higher PE(purely opinion). Afterall price is driven by the market.. Good luck every shareholders of NTPM. i believe holding for longer term is a good choice(opinion)
only started buying yesterday & did a bit of panic buying also today. EPS 12.65 , at 75 PE is below 6. Healthy growth for top & bottom line. Will accumulate more below 75.
I'm trying to calculate free cash flow for NTPM. In 2013, Net cash flows generated from operating activities was 79,221,327 and, Property, plant and equipment was 273,438,493 so, it's free cash flow was -194,217,166 ?
If my calculation is correct, then it seems that NTPM has been generating negative free cash flow since 2004.
NTPM Holdings (NTPM MK) Technical BUY with +21.4% potential return Last price : RM0.755 Resistance : RM0.880 Support : RM0.705 Stop-loss: RM0.690 BUY with a target price of RM0.880 with a stop loss placed below RM0.690. Following our earlier call to buy NTPM at RM0.640 on 24 Sep 13, it hit our initial target of RM0.750 yesterday giving a return of 17.2%. Given the lower trading volume of 0.9m shares - vs 56-day average (since our call) of 1.8m - and the share price trading in the overbought territory in the last 10 days, we expect the price to dip slightly within the RM0.705-755 range. However, investors may take the opportunity to accumulate as the overall trend remains bullish. We expect the share price to continue climbing upward after a minor correction towards our new projected target of RM0.880 in the medium term.
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....
abc529
108 posts
Posted by abc529 > 2013-10-04 15:19 | Report Abuse
RHB adjust higher TP for ntpm d. FINALLY. 73sen