ROE = 13.68, PTBV = 0.8 only, PE = 6, net cash presently. The figure shows this is definitely an undervalued and under-noticed stock. It's earning has been quite stable, and doesn't fluctuate much. It's daily trading volume is low. The question is how and when it can trigger market's attention..
In terms of revenue and core PAT they seem to be quite flattish. But what is really appealing about this company is its ability to generate growth from its operational cash flow.
For FY16 the company is generating RM25mil of operational cash flow if compared to the RM17mil that they achieved in FY15 and FY14.
At 5.9x PE and 3.8x Cash from Ops, this company will eventually get some interest from the investment community.
Hi up_down, Ur right. Hope there will be no more impairment exrcise going fwd. It will be great if they can give some dividend back to the shareholders.
guys.. i saw this commentary on prospects in the latest Q4 2015 report:
The Board expects business to be slow and challenging in the next financial year. The Group will stay focused on the logistics business while continuing to explore new business opportunities that will enhance the growth of the Group. Barring unforeseen circumstances, the Board is optimistic that the financial performance for the next financial year will remain positive.
The Group continued to invest significantly in its Logistics segment to encourage long term sustainable performance, predominantly through expanding their warehouse space and acquiring lands within Peninsula Malaysia. To this end, the Group has constructed a warehouse with built up area of 6,500 square metres in Pasir Gudang, Johor, which will be ready in August 2016.
Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of CLSB wishes to announce that the following offers have been made on 27 June 2016 to the eligible persons under the SIS:
Date of Offer 27 June 2016 Exercise price of offer RM0.68 Number of options offered 1,580,000 Market price of COMPLET shares on the date of offer RM0.7506 Number of options offered to each director of COMPLET NIL Vesting period of the options offered From 01 August 2016 to 18 November 2018 subject to fulfilment of certain vesting conditions This announcement is dated 27 June 2016.
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....
forcyou
28 posts
Posted by forcyou > 2015-07-30 15:46 | Report Abuse
masih tunggu....