The current price 1.08 PE is under 10, Balance sheet just simply fantastic. Financial year 2013 cash flow 51mil vs year 2012 49mil - Total debt 34 mil = +17mil (translate each share can get cash 0.12, further bring down PE of Ulicorp to 1.08 - 0.12 / 0.1257 = PE7.6)
Debt free company with positive revenue growth year to year. In 2013 Dec 27, Ulicorp signed a distributorship with china-based OPPLE lighting co ltd which ulicorp would sell n distribute OPPLE light-emitting diode products to malaysia n brunei start from Jan 2014 further boost up ulicorp revenue and profit We can see people are collecting from 1.00 ~ 1.06 range last few months, so I foresee coming QTR result will be flying and it'll break its resistent 1.2 soon
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....
kiasukia
9 posts
Posted by kiasukia > 2014-04-03 14:46 | Report Abuse
is 128 reachable? =D