Eps 0.24 , revenue drop 9.1% , back to its origin price half yr ago. Seacera is just a stock that worth 0.85 - 1.0 , don't expect anything more than that. 10b development project in 10 yrs. not an impactful plan. Goreng counter. Operator's game
Based on previous results and to current eps, results should be in the 90cents to RM1 range. Nevertheless, the company managed to secure more projects and secure more cash from investors to complete these projects. Very unlikely for companies who perform private placement to not want to make money from their investment and even so minimum at par i.e. at RM1.00. As such, for short term it should at least be at RM1 and with better results in the future, more than RM1.
Company may have been a victim of goreng counter but prospects is there in subsequent quaters with realisation of more property and construction projects.
with the market price well below pp price of rm1, i wonder why the investors willing to fork out more than what they can get from market. it will make them look like big water fish.
luckily not in yet. wait for 50 cents. look like their order book is empty.. so far only get 1/4 of last year revenue. PR1MA housing project is far far away..
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....
paktua73
18,352 posts
Posted by paktua73 > 2017-08-29 14:38 | Report Abuse
sell old man willing to buy lai lai 0.97