When i Call to buy DKSH last month , there are few people cursed at me. Now it proved again And again buy good stock at Low price is always a Safest bet
Half year EPS already 31 sen! Annualised 62 sen! FY22 will continue to grow with the Malaysian economy opening up, pent up demands from hotels, restaurants, cafes... cookies Famous Amos and pharmaceutics supplies and equipment to hospitals would be surging..
Change in working capital ( change in inventory, receivables and payables) for the last 6 months only contribute a positive cash flow of rm17+ millions out of rm121 millions, meaning there is a net cash inflow of rm100 millions which is used to pare down borrowings..
as DKSH is trading at 6x forward earnings, we think that the stock in undervalued. As such, we upgrade DKSH from Trading Buy to Outperform with a higher TP of RM5.00 (from RM4.00) based on 9x (3-year historical average) FY22F EPS.
so far this guy has been very accurate and looks as if he has access to the management briefings. i wouldn't say he is a naysayer because he is actually recommending to get out when it gets closer to RM5.
pogbaggmu > so far this guy has been very accurate and looks as if he has access to the management briefings. i wouldn't say he is a naysayer because he is actually recommending to get out when it gets closer to RM5. 30/08/2021 12:34 AM
@dompeilee you are annoying. You take credit whenever a stock goes up. Why weren't you here a few before? So let's say I commented on TopGlove 3 years ago and it went up, I take credit too?
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....
Johnko
26 posts
Posted by Johnko > 2021-08-27 16:43 | Report Abuse
Tp come to $5. Hahaha!! Happy weekend!!