in bear market, rebound is mild and not stable 1 or 2 sen, plunge is drastic at 6-8 sen, can't hold long term watch out for us gdp figures tonight, if good figures, market will plunge as fed taper more stimulus
EPS 3.86cts X 4 = 15.44 cts 79cts/15.44cts = PE 5.11 (assume that the next 4Q financial results is maintained). The target price of RM1.80 is possible to be achieved. Most of the research house give positive comments on this stock. The above culculation is based of the conservative calculation. Its profit may be more... So personally I agree that this stock is a hidden gem and has much room to fly... Lets earn together $$$$
FY13 company's net profit is RM19.2mil, but for FY14, the estimated recuring net profit will grow to RM61mil, that's why analyst give the target price so high (RM1.80).If profit jumps from current RM19.2mil(FY 13) to RM61mil (FY14) . The price RM 0.80 X 2=RM1.60 is still considered quite reasonable.
Malton 3 big projects worth RM7.9 billion can support the earnings for FY14 onwards. The project is located at strategic location : Bukit Jalil, Batu Kawan, Pengerang. Other projects is at Pantai Dalam, Seri Kembangan etc. Moreover the revised net asset value (RNAV) is to be taken as a catalyst.
Patience(EQ) and Knowledge(IQ) both are important in investing in stock market. Making money in market is not only depends on how much capital we invest but it depends on how rational and accurate we act. Sometime small loss is considered a big gain. "Cold eye" possess such criteria.. I salute him very much. He is a humble nice man , polite,patient, rational etc. See all the EQ criterias make him profit from the market.
Conclusion : Don't aim for few cents profit, in out in out not only waste energy and time but also can't earn big money. Buy and keep at least earn more than $$ cents then only consider to sell in few stages. My personal experience to share with all the i3 investor user. Good luck and have a nice day.
True story : A invest 20 lots of Cresendo in 2009 with capital about RM20000. B invest RM100,000 using the stategy buy sell buy sell in the market( very busy and exciting). Now A's Cresendo worth RM2.88x20=RM57,600 (unrealised profit) whereas B capital reduced to about RM80,000(loss RM20,000). A is a standard old uncle with patience character ( zero knowledge in computer and online trading , no handphone) B is a very smart master holder, with knowledge in online trading etc... I would like to share this true story to all brothers and sisters here so that everybody can benefit from this true story. Think deeply before we make decision, don't make stock market as a casino...Once decision is made, no point to shout ayo, ayah, aiseh, alamak, this persons can't help us.^-^
kelvintcg....while i agreed that patient is a must in share investing, i would like to say the example is only a classic case of "gong gong beh, gong gong tan".
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....
rocket
1,191 posts
Posted by rocket > 2013-08-29 09:25 | Report Abuse
the uptrend is not very strong.. do u think it will drop later?