For god sake kindly exercise some common sense. Rm 1 give Ivory a historical P/E of 15 or more , which is way higher than the average P/E for the sector. It will also give it the highest market cap among penang based developers when its last quarter's profit was the lowest among the Penang based developers. No small cap developer has that kind of P/E, unless you are a Govt linked company such as Sime , SPsetia or MRCB. A stock will only have a high P/E when profit growth is faster than expected. Kindly note that Ivory made a loss in the latest quarter and as a result, a discount not a premium will always be expected in their p/e ratio.
When bull market is come. Regardless of high PE or low PE, all will joint the bull party together. If u still haven't buy the ticket, please buy now n enjoy the bull party b4 the game is over.....
no matter black cat or white cat, so long the cat able to catch rats, consider a good cat....haha sorry my england very poor...standard 1 only & i m char kueh tiao apek...hopes u guys understand
Yeah man, "no matter black cat or white cat, so long the cat able to catch rats, consider a good cat."
But eei I were to get a cat to catch mice, I would prefer to buy a healthy cat, it soesn't matter if it is black or white; but definitely not a sick cat. Some sick cats may still once a while catch a mouse but a healthy cat will always catch mice.
Market cap is quite close to Hunza properties now . Why would fund managers pay more for this company when it has no established track record ? there are always naked swimmers out there who thinks ivory is cheap based on nominal price compared to Tambun and Hunza . watch out ivory has issued more shares paid up compared to the other two thanks to their massive rights issue . Have they ever wondered what market cap is ?
The worst has yet to come . It will come like a tidal wave and catch all naked swimmers by surprise . How do you justify a market cap that is now so close to Hunza prop when the company operational or cash profit is almost zero last year
Did your dogs tell you that if they were to sell the full stake to Dijaya the viability if the company may be a concern . Times Square is a failed project. All developers have a flagship project and Times Square is far from it
Don't need so many comments or research .In bull market, we only look at trading trend to make money. Just sell when price go up n buy back when price become soft. I already made 2 round profit.
Chua I won't be hunted because find mangers understand the poor fundamentals of this stock. You and co that asked people to buy based on trend will be hunted like a dog when this stock tanks . Stocks that go up based on trend will eventually fall off a cliff because people that buy it don't know anything about the company and they merely joined the party in a childish way. Maybe you and Jeff can set up a fund and you can convince your investors that you invest based on trend .
What you are doing is not new . Artificial volume is created to convince investors that the stock is hot . Foolish investors then come in and join the trend but the person manipulating will start selling and the stock price will collapse at the end . Typical syndicate play
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....
impartiality
468 posts
Posted by impartiality > 2013-05-10 17:42 |
Post removed.Why?