Mr. Geary .but by looking at this stock the dividend yield is less and fundamental PE 13.6 and ROE is 5.49 is not really desirable . what is in your mind that you think this worth holding for long term .could you share with us . I believe in you .
one thing good about this stock is its momemtum going uptrend ,for the chartists they will say the chart has revealed every thing good or bad .for them this good stock ,What do you think Mr.Geary ?
Hi...5932197! Fellow investing buddy! FIAMMA is now selling at its floor value or NCAV of around Rm 0.50 per share. When company earnings is downtrend, try to buy at its floor value. It was quote by Schloss, "I bought it at half price, something good might happen to me". Good luck to U!!!
U can analyse there are high inventories not sold. I believe the management bought more when ringgits was stronger than dollars. Look like they are slowly earnings higher profits margin n higher sales or turnover. FIAMMA is quite diversified in terms of businesses n cash flows not a problem. Strong share buyback, that means they know it is undervalued. Thanks!
"The language of business all in the financial statements. I can't have good judgement of character like my friend Buffett, but I will buy only when company selling at its NCAV or below, and has strong balance sheet. This way I don't have to look at many ratios, growth rates, business models, etc. As long as I take the long term assets as zero value, there is 100% margin of safety. Nowadays very hard or impossible to find these stocks, but during market panic, there are abundance of them". Schloss.
Another undervalued company with good track record, well known brands under its belt and valuable prime lands in KL. It has 2 plots of freehold land in kl. The 1 at jalan Yap Kwan Seng now selling at ard rm 3000 per sq ft. So the land now worth about rm 180 million
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....
fhis
1,207 posts
Posted by fhis > 2017-02-22 15:36 | Report Abuse
anyone in? look set to soar...