Turnaround in year 2012 till 2013 with latest quarterly EPS 6 cents. Excluding one-time off gain, still has 3 cents. Sales increased to 31 million because of incorporating another newly acquired subsidiary in April 2013.
NTA is 79 cents. Based on last year 2013's PE, it is only 7 time and for logistic company, almost all companies like century quoted with above 10 times PE ratio. This year's EPS likely can break 12 cents with newly acquired subsidiary. Now share price has been consolidated well since 25th Sept 2013 at 70 cents.
Shareholder has been doing quite a number of direct deal & off market deal. The latest one is 55 cents in September 2013.
Every year's operating cash flow is +ve & the gearing is low. The latest net profit margin after one-time-off gain is over 10%, considering very good as I check through other logistic counter, some not even 5%.
Target price is RM1.05 & the likely quarterly report come out is better than last year's quarterly report. Volume has been increased consecutively 5 trading days at the support level 70 cents. Real resistance only happens at RM1.05.
Hold it for 6 months with 50% gain when RM1.05 is met.
Yes, last call for Complet before it move up to RM1.05. Volume pick up consistently for the last 5 days... With NTA RM0.79, consistent +ve operating cash flow every year, new subsidiary acquired, shareholder's direct deal buying & off deal buying, industry PE over 10 times, & low gearing, everything is in place for this stock to reach RM1.05.
Complet no need I promote liao.... mkt maker now already decide to move up this stock... so no longer i want to promote this stock... whoever interested, can buy now....
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....
chia88
1,189 posts
Posted by chia88 > 2013-06-07 18:00 | Report Abuse
Start moving next week ?