plan to pay dividend, launch new project and revalue their land price this year and its stock is 50% under their NTA , definitely a undervalue stock and wait for a time to burst.
Today breakout with high volume in just 2 hours trading, chhb is join the theme. As an undervalued stock, high chances for chhb to break the new record. 1.55 is the resistance.
this stock has a very strong support at 1.43-1.45. once it breaks to this price, it's best to accumulate stock. you can see the trend clearly in its past 6 months performance.
you gave a big hat... actually i just wanna average down the previous buying price at 1.52. I eagerly to see how much the dividend will be given this year after last dividend in year before 1997.
CHHB allowed to buy back own shares up to 10%, equiv. to about 27,5 mil shares and they have started it. This will result in less shares in the market, so its price will tend to go up bec. of less supply. The buying back itself should also support or cause price to go up. The approved buy back decision could be bec. of its high NTA compared to its current share price.
superb99: dividend will be declared either this 2Q or 3Q, as promised by Tan Sri Lee Kim Yew. But do not put too much hope on high dividend (11-15%) as given in year 1997 while CHHB has RM 234 Million debts to be cleared off.
bursa volume hit 6 billion, break the record over this 5 years... something is not right and market is declining now. sincere reminder to everyone, be careful..
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....
teo lai seng
42 posts
Posted by teo lai seng > 2014-07-24 05:58 | Report Abuse
stagnant at this level for most of the time, going to burst accompany with the volume, broke all 10ma, 20ma , 50 and 100ma ...