Looks like our fren Optimus also selected this counter and not bashing it. Good choice but will see your comment whether by next week can hit RM 1.20 or not.
Ati_trader Im looking at its half yearly financial and it seems that for the past half yearly results its revenue and profit has been climbing rapidly compare to previous year. Its revenue is 90% ahead of its last half yearly fiscal year and its profit is 128% more as well compare to the same previous fiscal year. If I would project it to a complete full year revenue and profit, its EPS would be trading at approximately 0.19 (81m profit/418m shares). Currently its PE ratio is at 12x and this means that by June'14, the company share would be worth RM 2.28 based on its current financial half yearly projection. Given an 80% target to it would give it a RM1.82 as the new TP by end of the year and now currently trading at RM 1.09. 66% potential upside gain. Its definitely undervalue with lots of projects on bag. Property counters have been in cooling down for months and now rallying back. P/S Invest at your own risk.
ati-trader invest at your own risk pls take note that the 81m profit is based on a half yearly projection extrapolated to a full fiscal year as projection till June'14. Anyhow by next month 3rd Quarter report release, we will roughly know where it stands. Anyhow this is an undervalue counter, U see pavilion u see Malton.
If you want to sell, ma sell lor. No need convince other to follow you.
Fact is that Malton just broke 1.10 few days ago, need some time to consolidate. It will yo-yo for a while but surely supported above RM1. Few cents there and there, tutup pc and wait for good news.
So, wilson11, do you have any good recommendation that won't regret after buy? Please show us. Thank you. Why must we sell now, the lowest price would be how much? Just tell us since you are so pro. So we can earn together.
Don't sell now unless you are in need of cash or you are a short time trader. If everybody thinks it is going up, chances are, it will go up. So , wait and see lah.
You guys have seen the fundamental research of Malton. It is so strong like Tongkat Ali. Price will retrace when too many retailers come in. Pls ignore the short term price frustration. Just hold and wait to see the price at 1.80. Cheers.
Malton has offered 710,000 the options under ESOS to their eligible employees of Malton and its subsidiaries on 23/4/2014 @RM1.00. Vesting period of the options or shares offered commencing Immediately upon acceptance and granting of options until the expiry of the scheme on 22 December 2015.So this will be very strong support at RM1.00 for sure.
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....
ask4more21
176 posts
Posted by ask4more21 > 2014-04-23 16:59 | Report Abuse
i prefer son.
wait i c tmrw can sell some share or not then i will upload malton again :)