Why undervalue stocks remain undervalue and still continue undervalue? Not because people dont realize it, it's because people dont want to own them. Good luck
For those who bought in Jan 2013, the price is RM1.00. Dividend up to 30 June 2014 (is about 15sen) and today's price is RM1.96. Total gain in 18 months = dividend gain + capital gain = 15% + 96% = 111% in 18 months.
So, the question is say at RM1.96, over the next 18 months, can it goes up another 100%? I believe it can double to RM3.92 in 36 months, not including the dividend p.a. of about 5% p.a., so giving you a CAGR of 24% (exclude dividend).
Even if it takes 4 years, the CAGR is about 18% p.a. and if you include dividend, the average CAGR is 23%. Worst case, if it takes 5 years, you will get 19% p.a. (including dividend).
At the moment, the market cap is about RM650m, it will not be difficult for it to double when you can expect average earning growth of about 20% p.a. over next 3-4 years.
The biggest mistake is to switch from a good counter to this weak counter. Luckily im pull out 80% before dividend date for just small profit. Think I should just leave, not worth to re-enter. Good luck in waiting for the delayed free warrant
My experience of switching from one good counter to another better counter is not easy. What is the probability of selling a good counter at the right time and buying another better one at the right time.
The probability is low. Most of the time, people who exited will not reenter the same counter (they thought they got the best price earlier), and when the counter goes up higher than their earlier sale price, they will leave it alone, and this counter will continue to go higher and higher and significantly in the next 3-6 months, then only they realise, they missed the boat. That is my experience, hope it does not happen to others (especially selling a good counter which is not fully value yet, unless he think otherwise)
I read jazz remarks. it brings back the memory of few forumers that made the same comments eg how great it was to have bought at 1.35 and sold at 1.54, thereafter, there was price corrections.
Good to take profits but you can make more over a period of time. No shares go up in straight line
Share price weakness is a good time to buy and buy, if you think the company can growth consistently and with good dividend too.
Yes this company had potential but it doesn't protect its share price. For those who buy high good luck, u can wait another few months to get back ur capital. If you want profit, wait even longer. This is a slow grandfather counter
Keep your good faith in this counter. Do not fall into panic, everything is just a matter of time. Take note, 2nd quarter has just ended. Let's see how it works.
I am just thinking Protasco's price shot up previously probably because of people buying in anticipation of getting bonus issues. But when this issue is still not clear at the moment, people just sold off...back to the previous level before all those expectation of bonus issues....Just my 2 sen of opinion. Overall I believe this is a good company.
Another good opportunity to accumulate. Hopefully this is not the last opportunity. At this price, dividend yield about 5% exclude the free warrant. Analyst expect an earning surge of 40% for 2014. Post 2014, we can expect 15% growth as well. Lets monitor their results.
From all the fundamental stock I monitor, this stock is one the worst performer. Those who willingly to continue believe it, all the best. For newcomers, I suggest you open your eyes bigger to explore better alternatives
Buy at own risk..everyone deserve to lose or gain on their own efforts or thoughts..those friends above or at any company's forums.. please do keep in mind..don't try to influence anyone to buy or sell for your own interests,purpose, kind heart or whatsoever
Ya up to u whether you want to own this stock. Now down people will say another opportunity to buy, everytime also opportunity to buy, but where's the buyer?
Looking at the financial values all look positive, just market movements brings it down... definitely will go up.. just matter of time... share your technical view guys..
when price is dropping all come out shout negative on the counter. when price up, future prospect of the counter is good....i don't know the counter useless or investor useless.
No need 1 month...2 weeks time after worldcup it will back to rm2.1....then after better next quarter result out become rm2.4....then after mrt2 announced rm 2.6....then rm2.8 after free warrant confirmed date announced....so it is reallly cheap to buy now....dont miss the boat...sincere ad ise to all..
Didn't I say I will go back 1.90 soon? It just 8 days after my comment. A fundamental strong but technically weak counter shows how generous is this counter. Yes, it would be a matter of time it goes back 1.95 and 2.00, and then stay there for another long time, probably retreat again. Depending whether you want to wait, or rather spend it on better alternatives. Those who got caught above 2.05, sorry for you
U can't stop those so called genius or Sifu's mouth 1..ppl sell ,we buy lor..for sure those asked ppl to sell,surely have their agenda as well..if not,y there's a lot of ppl love to influence others to buy or sell
This is a investor's counter not for speculators. If you want to make fast cash, stay away for it. I hold this counter for 8 years now, average 15-20% (including dividend) return a year. Not even ASB could give you that kind of return.
Its not easy to find a counter that can give you 15-20% p.a. for 8 years or more. I believe, Protasco can do that for the next 3-4 years unless it double faster than that.
no, I didn't accumulate. I bought this counter become it consistantly giving 9-10% dividend when the price was around RM1. I don't understand why people are not interested in such high return with low risk. Now the price jumped to RM2.00, actually my return is over 20% p.a. if you consider all factors.
become=because... typo above. Since the price has jumped, the dividend rate obviously decreased. I don't kown if it is still a good idea to add more shares. But I am not planning to sell before it reaches RM3. I am greedy, hehe. By the way, most of the counters I received more that 100% return overall are those I bought and kept. You do have to do diligent research before buying.
Few more days of discount left before shoot up back to 2.10. If you wanna buy buy now..I makan from 1.94-1.91 ready. If can get 1.90 why not :p next week lai liao
Stupid amateurs who talk nonsense here. Company and biz is doing so well..market fluctuations is normal la sohai. end of the year minimum will hit 2.50. Mark my words, plus I am rarely wrong. Learn amateurs!!
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
jazzzkk
135 posts
Posted by jazzzkk > 2014-07-01 10:38 | Report Abuse
Why undervalue stocks remain undervalue and still continue undervalue? Not because people dont realize it, it's because people dont want to own them. Good luck