Sozo Global Limited ('Sozo') is a Mainland China-based food-stuff company listed on our exchange. Like many of the Mainland China-based companies, it suffered from poor perception. Based on its latest quarterly financial statements, it reported a net profit of RM31 million on sales of RM103 million. Annualized EPS is about 24.4 sen. As such, it is trading at a PE of only 1.8 times. It is expanding and is now seeking a second listing on SGX (here). Mainland China-based companies that listed on SGX can command a higher valuation than those listed on Bursa Malaysia.
Based on good financial performance, interesting prospects & attractive valuation, Sozo can be a good stock for investment.
Buy China, Thai stocks, says HwangDBS Publish date: Fri, 13 Jan 17:58 | >> Read article in News
Now would be the good time and opportunity to buy China and Thai stocks due to their reasonable valuation, said Chief Investment Officer of HwangDBS Investment Management Bhd, David Ng.
On to the past historical result of how China's company had cheated shareholder on their highly manipulated finance result, especially on the cash holding, it had traumatized much investor because of the wicked style that had been adapter by the owner in China. However, I would admit that some of the company could be genuinely good and undervalued.
I believe China stock had been taking a hit in a rather slow and quiet manner lately. Judging from the overall China stocks, there could be possibly a hit from their lows.
How can you get at 5 cents?? Anyway, price moving up,59cents, yahoo!!
The company has good fundamentals being in the food business and expanding factories in Seremban. PE is around 2x. I bought it due to reco from my remisciers. Hope I can profit before its price drop.
People dont like China based company due to its dubious accounting, like the case of XDL. Hope it is like CSL lah!!
i had bought 500K unit on last Thursday. Will accumulate another 1KK units from tomorrow and onward.....hope got contra player unable to pick up the trading due from tomoorrw.....target price at RM 1.55 after dual listing in singapore exchange
i got a relative in Dalian......Sozo is a leading food player in Shadong province.....business is very solid......real cash is more than RM0.59/share with share price at 0.54???? Hard to believe !!! But this the market......sentiment is no good for china stock......buy now....and getting rich in the next few months
this is my pure opinion, i'm not an insider.....no money could be earned with my pure opinion.....i'm not a con....but i love very much "corn" as it's very good for our body...hehehe
if share invester buy share sozo is the first choice,good dividend and more cash in bank rm 240000000,nta 0.910 now share price just 0.540 ,good buy and long term invest is next star share.............38cent t.e dividend coming soon .
where to find the opportunity like sozo with the solid earning per share at 25 cents and net cash more (59 cents) than the share price at 55 cents, plus the divident yield at 6.9%.......wow !!!! this is the result of the average investor is scare of accounting fraud.....otherwise...the share price should be more than RM 2.........so wait for what???
call sozo....fixed deposit share with 6.9% interest....nearly double the current fixed deposit for 1 year.....not good enough....second listing in Singapore in Oct 2012.....will add another 75KK S$.......wow !!!! wait for what.....my other smart investor......you think so easy to fraud with account....when Khazanah holding invested??
since the listing, the major shareholders were unchanged if you read the annual report in 2010 and 2011.............good signal..we need good investors with the longterm horizon but i dislike punters who either have no holding power or fucking around with difference share (darling)...anyway i will continue to acquire another 500k units this week....hopefully someone will unload sozo and moving to the other darling...hehehhe
akehlishi sozo buy one halal food factory in seremban name foodteller,i study chinese english ma ma tei,nestle stock and dutch lady now price? sozo now over 1000 product........29/6 meeting in kl see you.tel0126962112
HoHoHo... I wont attend sozo AGM, if you attend it,please let me know the important issues if you wish to be my messenger... Anyway,do u hold any position in any related company of sozo?
one negative image for china based company is fake account. Let's examine the possibility occur in sozo......the accounting can be faked from:
i) False revenue and thus must reflect in fake account receivable 2) Wrong stock valuation 3) Hanky panky in accout payable.
if you combined all the about.....sozo is still very very valid counter....i place another 200K unit at 54.5 cents before counter start today.....will buy another 200K units if i got the earlier seal.......sozo, sozo gua ai lu!!!!
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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....
kcfan
1,881 posts
Posted by kcfan > 2012-01-08 23:32 | Report Abuse
Sozo Global Limited ('Sozo') is a Mainland China-based food-stuff company listed on our exchange. Like many of the Mainland China-based companies, it suffered from poor perception. Based on its latest quarterly financial statements, it reported a net profit of RM31 million on sales of RM103 million. Annualized EPS is about 24.4 sen. As such, it is trading at a PE of only 1.8 times. It is expanding and is now seeking a second listing on SGX (here). Mainland China-based companies that listed on SGX can command a higher valuation than those listed on Bursa Malaysia.
Based on good financial performance, interesting prospects & attractive valuation, Sozo can be a good stock for investment.