Good company with consistent earning. PE less than 8, share price less than nta, dividend yield 4.8%. Last yr ventured into making modular furniture and tied up with a foreign mattress maker to design n manufacture beddings for local and export markets. Latest quarter eps 4.15 cent. Annualised EPS around 14cent. Undervalued company
Bought @ RM1.04 today, boring company with single digit growth annually in terms of revenue and PBT, but its my cup of tea and hope it will reward us in future.
Impressive latest quarter result. EPS of over 5 cent. An impressive double digit growth. 2 cent dividend declared. Annual dividend 5 cent which is better than FD. Very consistent and undervalued company with PE of merely 8. Peer company like padini is trading at PE over 20. It should be valued at least rm 1.5 to rm 2.2 based on PE of 10 to 15
Lucas hong: Few good counters that are consider good fundamental and growth/dividend watchlist. Can collect if there is a correction 1. Ecs - dividend yield still stands at 5% at current price. With iot and strenthening of ringgit(to monitor) will benefit them. Recently venture into thunderbolt gaming notebook to capture egames market. Possible 15-20% upside if conservative pe of 10 is captured. 2. Bonia (hot)- consumer stock may make a come back after the abolishment of gst as well as if ringgit were to strengthen or hover around 3.8-4.0. at current price of 40 cents , there are limited downside. Trading at 30% below it's nta as well. 3. Ntpm (hot) - at current price their dividend seats at 3%. What's interesting is the recent increase in their sales to all time high of 181 million per quarter. They are having high margin due to huge capex expansion into vietnam production. the management mentioned in the 2017 annual report that the current utilisation capacity is at 80%. With 80% they manage to hit historical high revenue. Additional two tissue machine paper has been added into production in Vietnam which is expected to commence operation in april 2018. Current ratio of above 1 as well.. no short term debt obligations. Seems positive moving forward. Potential upside of 20/30% of pe 10 is used with margin of 4/5%. Downside risk is increase in pulp price. 4. Yocb (neutral) - safe bet but limited growth. Providing a 4% dividend at current price. Pe of 7 and recent increase in sales due to consignment sales. Net cash company with nta of 1.26. nothing to loss. Safe bet company. 5. Zhulian (neutral) - net cash and safe bet company with dividend of 4.1% at current price. Strongly net cash company with cash of 140 million compare to total debt of 39 million. Net cash per share is 21 cents. No harm keeping one of this in our portfolio to withstand any downturn. With the abolishment of gst, it may benefit this stock as well to increase the consumer demand. Upside possibly less (10%) due to volatile sales and earnings. Strenthening of ringgit may hurt their margin due to 70% of sales from export. What is great about this company is good management. Increasing dividend payout when making money, holding high cash pile, positive operating cash flow despite expansion, good inventory level as well as maintaining above 20% profit margin. 6. Bat (neutral) - still paying 6/7% dividend at current price. Downside risk is more smokers buying illegal cigarate. The management did mention that they are unhappy with what the market is valuing their share price given their past performance. With the abolishment of gst, this may help to boost their sales and margin as well. Can catch it if it drops (19/20). Upside > downside risk. Only buy if upside is greater than downside. Don't buy all time high at current market. 7. Pwf (neutral) - trading way below nta of 1.76. net cash company. With strenthening of ringgit it will benefit them. Recent sales manage to maintain at 91 million per quarter. Scenario analysis performed if myr and USD maintain at 3.8/3.9, price of egg maintain and ra material such as corn, feed and wheat were to maintain, potential upside of 20/30% at current price of 86 cents. Downside is increase in their main raw material price.
There are still quite a number of good fundamental company to monitor when price deep. Go ahead and monitor and take this opportunity. Don't chase high but buy consolidation stock or stock that took a correction that hit historical low. To limit the downside risk.
Next month qr release, yocb should reach another high profit due to tax free on June and festival month. Price should undervalue now, good dividen yield . Good keep for long term.
Good quarter result. Over 30% improvement yoy. This company is really stable in its earning with double digit growth for the past few years. Coming quarter should be better with 2 mths of zero GST sale. 2 cents dividend was declared as well. Its PE is only 7 and very undervalued compared to nearest peers like Leesk and padini which are trading at PE over 20. Should worth at least rm 1.5 and above
A VERY WELL MANAGED COMPANY, WITH A STRONG & HEATLTHY BALANCE SHEETS, HIGH EPS, UNFORTUNATELY HAS BEEN NEGLECTED. I HAD COLLECTED A LOT FEW MONTHS AGO AT QUITE HIGH PRICE BUT CONTINUE BUYING TO AVERAGE UP RECENTLY.
UNFORTUNATELY THE COMPANY ALWAYS GIVES VERY LOW DIVIDEND DESPITE HIGH PROFIT. THE PRICE OF YOCB AT RM1.50 IS REASONABLE IF IT IS UNDER DIFFERENT BOSSES
My own personal reccomendation: can consider to buy YOCB with this current price. My own TP (rough estimation): rm 1.40. Pottentially can go higher-trade with caution and always monitor.
At the current price, the PE is below 7. I hv bought and sold it at rm 1.50 2 years ago. Based on PE of 10, it should be valued at rm 1.70. By comparing other consumer stocks with most of them trading at pe of 15 to 20, its current valuation is relatively 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....
bboycc
10 posts
Posted by bboycc > 2017-07-31 10:43 | Report Abuse
yes!let's go 1.8!