greed drive me away from GCB to others counter.... but I am happy to see you guys are doing well in GCB...
Choco together with Strawberry and Vanilla remain top 3 flavours in greater Food market... so every pullback in an upward trend is a chance to top up...
PE just 12....this counter shall classified under consumer counter like DL, Nesttle and etc which PE shall be 30-40. Moreover it is quite sure it will listed under Syariah counter, after that EPF, trust funds and etc Islamic funds will sure pump in kaokao
Chase the fundamental value and not just bases on rumour . PER 30 or 40 times i think its a bit far fetch. PER between 13-15 is possible and earnings backed
Rajachulan....thank u for your well wishes. We all hope you well over there.
You didnt miss out anythg. I m sure you have make your money some other counters. I wish you have a great Christmas and wish the Christmas come earlier for you with the handsome gain in uour portfolio.
Expect FY19 Eps 26-28 sen. If apply 12.5x PER on 26 sen, this will translate to RM3.25. I think the 12.5x PER is fair. And the 26 sen eps is achievable considering the last quarter always the strongest quarter that may spring some surprises.
Wilsonngoh....there is still ceiling onlybthisbceiling is hugher than most counters at the moment:). It will stop somewhere but where? Your guess is as good as mine
At this juncture, a weakening global exonomy and a very delicate trade war betw US and China, most investors are turning defensive in search of defensive stock with stable earnings
Most defensive stock are not cyclical and earnings are very much predicted with flatish growth quarter over quarter. However, GCB beside offering defensive nature, has been offering spuble digitv growth for the past many quarters. The xompany had so far delivered and with the expansion plan in place, the robust growth is expected to continue. Thus explain the spike in share price
Most of the counters in BURSA are earnings chasing share price. In GCB case, its share price chasing earning. Thus, as long as earnings outpace share price, there is still room to go
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....
Agjl
5,755 posts
Posted by Agjl > 2019-11-20 10:01 | Report Abuse
I m sucj a cheapskate yesterday waoting at lower