The best about this company 1) Manage by Chua's family and seem like they are in the management board for a long time, some started even since 1997. In short means they knew how the buisness running more than any other people 2) Latest quarter report just out at 25/11/15, basic EPS up from 0.48 to 6.79, 14 times increment. But look in deep, the buisness turn around since the last quarter 2014. Beside good management team, they also ensure the buisness generate more money in each quarter. 3) Net asset value is RM3.54, compare to current price RM2.24 per shar. The safety margin is about 58% !!! In short, it means i have a chance to increase my earning upto 58%!! 4) Free cash flow company. In short, it means even if economy crisis come. This company will no need to worry about the debt and likelihood to survive is high. 5)Is the biggest ceramic company in Malaysia and it business involve export to China, Australia & Vietnam. With the recent fall of Riggit Malaysia value, this actually generate oppurtunity to earn more from forex exchange for those export buisness. Good example are like VS, Latitud, Liihen, FLBHD and Magni. 6) PE of 8.74 as peer compare like Whitehorse who trade at th PE of 20. Means this stock is super cheap and undervalue. If KIMHIN trade as PE of 20, the price will be RM 5.12!!!
Hope the above mention reason will give you more confidence in this company. Cheers !!
Market may think KIM HIM can't perform due to China tiles is much cheaper. However, I believe KIM HIM can perform well in view of diff market segmentation. Higher margin, Lower cost, Quality management. 3.00 is not a day dream!!!
Anson, totally agree with you. When buy a company, i think the foundation of the company is the main consideration factor eg earning per share growth, PE ratio, debt per equity ratio etc. This company is perfectly good Price is just a distraction factor. Kimhin is RM 2.26 per share PE ratio of 8.8 and whitehorse price is RM 2.33 per share with PE of 20. Obviously, kimhin is at least 2x cheaper. Why border this short tem fluctuation of price? Good company will growth eventually. So i totall agree with Anson, Rm3 is not a dream, it is just a matter of time.
Market is spot on KIM HIM but daily price fluctuations is challenge their confidence on KIM HIM. I believe this stock will fly when KIM HIM earn public attention^^
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....
value_trading
63 posts
Posted by value_trading > 2015-12-07 14:04 | Report Abuse
The best about this company
1) Manage by Chua's family and seem like they are in the management board for a long time, some started even since 1997. In short means they knew how the buisness running more than any other people
2) Latest quarter report just out at 25/11/15, basic EPS up from 0.48 to 6.79, 14 times increment. But look in deep, the buisness turn around since the last quarter 2014. Beside good management team, they also ensure the buisness generate more money in each quarter.
3) Net asset value is RM3.54, compare to current price RM2.24 per shar. The safety margin is about 58% !!! In short, it means i have a chance to increase my earning upto 58%!!
4) Free cash flow company. In short, it means even if economy crisis come. This company will no need to worry about the debt and likelihood to survive is high.
5)Is the biggest ceramic company in Malaysia and it business involve export to China, Australia & Vietnam. With the recent fall of Riggit Malaysia value, this actually generate oppurtunity to earn more from forex exchange for those export buisness. Good example are like VS, Latitud, Liihen, FLBHD and Magni.
6) PE of 8.74 as peer compare like Whitehorse who trade at th PE of 20. Means this stock is super cheap and undervalue. If KIMHIN trade as PE of 20, the price will be RM 5.12!!!
Hope the above mention reason will give you more confidence in this company.
Cheers !!