Another Hidden Gem. Like Hevea, its EPS is getting very interesting. The last QTR1 EPS was 10 cents (on May 29 2015). http://www.bursamalaysia.com/market/listed-companies/company-announcements/4757577. Thus the estimated whole year EPS = 4 X 10 cents = 40 cents. Using the PE of 10 its FairValue should be RM4. If you can buy and hold it for a year, getting a return of more than 100 % is not a problem. Start collecting it now before more people are buying.
According to Minho’s annual report, at last revaluation, the 100-acre land is worth more than RM120mil. Notably, the group’s current market capitalisation is about RM160mil.
Minho’s 100-acre landbank excludes its factory with storage shed, office and workshop which are situated on 145 acres of leasehold land.
That leasehold expires in October 2045. Most of Minho’s land parcels have not been revalued since 2009, with one parcel last revalued in 1999, suggesting that they could be worth a lot more today.
At the company’s current stock price of RM1.46, it is trading at a hefty 52% discount to its net tangible assets, which as of its latest quarter amounted to RM3.03 per share.
this counter is going up as owner is right now working to goreng the prices...few months ago the daily trade volume is sometimes "0"...none at all...then suddenly jump up all of a sudden, just check the trading volume previously and you'll know....its good to earn money but know when to let go...dont be greedy...today's food for thought...
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....
joel
4,580 posts
Posted by joel > 2015-07-01 21:45 | Report Abuse
这只股@Minho没有warrant like Wa, Wb, WC, CD, ...等等。
所以,看涨机会很大,目前又便宜。
PE : <4x
Strong Balance Sheet !
Net Cash company with 6 cent to 7 cent.
Par Value : RM1.00. (未来作Bonus Issue 占很高巴仙率!)出口