If 9 months earn 18.5sen, full year earning should be around 25sen and the price is only RM1.02 now, I think is a wonderful price to enter as the PE is as low as 4 plus NTA is RM3.37 in paper, if revalue, suppose more than RM5. This company just sold a piece of land and earn around RM0.20, should last quarter earning should be increase a lot.
The Chairman,Mr Sia Kwee Mow demised today.He is the father of Mr Sia Teong Heng.the MD and the major shareholder.There will be major and positive developments with Mr.Sia Teong Heng taking full control of the company.I expect the price up tend will continue... This is not a buy call.Please observe all positive signals b4 buying.
SBC and SCHB agree that the entire Project shall carry a minimum net sale value (“NSV”) of RM1.8 billion and that SBC shall use its best efforts to launch all phases under the Project by 1st January, 2020 and SCHB shall be entitled to the 18% of the NSV of the Project. RM1.8b project
Net Asset per share (NAPS) of RM3.51, low PE with mega project in hand, good for mid to long term investment. Look at Perak Corp and Naim with high NAPS and reasonable PE, their share price have gone up subtanstially over the months.
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....
nazriwbw80
565 posts
Posted by nazriwbw80 > 2012-05-29 17:23 | Report Abuse
what reason suddenly shoot up?