higher dividend than last year + special dividend or Bonus shares or stock split ? If so price will easily hit RM7.00 n above ...Anything may happen, just wait for the positive news.
Agreed very impressive set of results. From the time i called out the counter in Jan 2016. It has done very well coming to year end. Based on annualised DY, would come to more than 6% return p.a. Maintain TP of RM7.65 if the company can maintain current growth. Previous article here. http://klse.i3investor.com/blogs/tradeview/89988.jsp
quarter results meets expectation. Assume annualized profit of 52mil, capex @ 30%, growth @ 3% a year, discount rate @ 9%, IV stands @ ~RM7.6. Even if the price reaches Rm7.6, its div yield is still as high as 5%. Dumb dumb hold! :)
If u observe carefully, stocks related to Fong Siling aka Cold eye have been performing well despite the lacklustre market. Perstima, Mflour, TunePro are examples.
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....
Collin Soo
894 posts
Posted by Collin Soo > 2016-07-29 14:12 | Report Abuse
Congratulation to all shareholders!