intetest bearing debts have been coming down drastically. Financial risk hence reducing. Funds from pte placement will increase shareholders fund futher. By next 2 years or so, no more borrowings, unless there are major plans such ss mergers, acquisition.
ROE of GCB 28.4. In layman's term, it means every ringgit of shareholders' fund made 28.4 sen in 2018. This is a superb performance! if the ROE figure is sustainable, there is no reason not to invest into GCB. Guess who would know better on the performance of GCB?
GCB's P/E 2019 is only 9.8 which is very very low by any std. That's why i think it's dirt cheap....GCB is a hidden gem...once discovered, it will shoot thru the roof ... maybe to the sky..I think Greatleaper is right........
Coming quarter eps shud be at least 10, if same PE will be around 4.00. 10% gain. Somemore company keep buying back, some good news might be announce soon
i joined the highs and then the lows in straight lines. i got an almost perfect rectangular flag (bull flag) signalling a possible resumption of the bull run....Thanks rajachulan. Let's hope it will come true 2moro !!!!
Post private placement very likely to go north ward again and more interim dividend is expected. Attracting that private holder now to enter cheap cheap...
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....
nick_ck
619 posts
Posted by nick_ck > 2019-02-21 17:48 | Report Abuse
is fast and furious!!! Sold some of my holding