If we discount around 50% of the 4th Qr rm12 mil in Fy2017, thus we are so conservative think nadtank estimate that HBGLIB in every Quarter each will recond email 5 mil to rm6 mil NET PROFIT.
TOTAL NET EARNING OF HBGLOB in Fy2018 rm20 mil to rm24 mil, or EPS stand around rm0.043-rm0.051. Without calculations of exiting pn17, applying PE of 8, 目标价34 sen - 41 sen.
Nowaday, a lot of peoples put their eyes in PH stocks. But forgotten HBGLOB. As what stingy of Christopher calculation yesterday, Hbglob been hit to 37 cent last yew months ago with EPS rm0.03, PE been reach 12x.
Another point is HBglob PROFIT AFTER TAX FY2018 ,projection around rm20 mil to rm24 mil , the percentage of EXITING PN17 highly stand 80% above.
Hbglob is a impressive and explosive counter in FY2018.
Why Christopher so so so stingy to discount HBGLOB 50% of the 4th Fy2017 Net Profit ? 25%-30% should be fine for Hbglob in FY2018 , Eps able to write down rm0.072. PE 8x as Christopher said, HBGLOB able to hit RM0.57 without possibility lift out from pn17.
I support some at 0.15 (but not the best buy price), but think Huaan will bring positive sentiment to Hbglobal and besides if buying momentum is back, the next immediate TP will be 0.20. Hope next few days will have a big push up.
This dragon 省级龙头企业 (exporting to many countries) will not fall ....... soon and sooner will break 20 cents ........ and march towards 30 cents ..... anyway, just agak agak
Further to the Announcement, on behalf of the Board of Directors of HBGLOB (“Board”), SJ Securities Sdn Bhd wishes to announce that after due consideration of all facts and circumstances of the Application including the financial position and performance of HBGLOB based on its latest financial statements as well as the developments and efforts by the Company to improve its existing business and regularise its financial condition, Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 16 May 2018, granted the Company an extension of time of up to 30 September 2018 to submit a regularisation plan to the regulatory authorities (“Extension of Time”).
Before Hbglob posted its latest earnings of RM12m profit on Feb '18, nobody worried about its PN17 status. Now they on track of returning to the black, only people start worrying its PN17 status?! Haha
"Before Hbglob posted its latest earnings of RM12m profit on Feb '18, nobody worried about its PN17 status. Now they on track of returning to the black, only people start worrying its PN17 status?!"
Let me analyse for you guys. Actually after the 1pm announcement today, at 2:30pm people started buying up to 0.165. A very positive sign. Just that starting from 3pm onward, most penny stocks in Bursa especially the most active started having mini drops. So I think Hbglob just follow the broad market trend. Nothing to worry about Hbglob.
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....
Cslee1228
61 posts
Posted by Cslee1228 > 2018-05-14 10:28 | Report Abuse
Ppl drop we drop, lol up we remain lol