Based on last financial earning, OKA trading at PE = 6.7x, EPS= 9.5, NTA= RM 1.63, dividend : 3.5sen TE; yield at 5.5% nett. What is fair value for OKA?
Hidden Gem 1) Property and land worth RM50m base on 2012 annual report 2) Declare dividend since 2003 3) NTA RM1.63 4) Yield 5.5% 5) Market Cap only RM38M I believe shld go back to Par Value. Hope the best
Today closing 0.71, everybody miss the boat never to late pls invest when profit taking. Small cap,under value, dividend better than bank FD and share price far from Par value and NTA .
0.71 shud be the base for the v near term which looks like the 0.78 wud be tested.A close abv 0.77 on any day wud call for a move towards 0.84-0.88 area.
ROE the last five years only around 5%, with profit margin a paltry 4%. Quick ratio below 1. Price has remained roughly the same since mid 2009. There is always a reason why the share price appears cheap.
A test at 0.77-0.78 in the v near term is expected.Need to c a close above 0.77 first on any day b4 we can expect to c further upticks towards 0.84-88.jennylee1382....so long as it breaks n closes abv 0.78,the next upticks into 0.84-0.88 shud come v early....understand?
Bro trustme932 u dont mind pls check the TA for JAKS when it can cross the 52 weeks high resistance of 0.545 & also the support level. Pls check when u really hv the free time n is not important. Tqvm
jennylee1382... i wish to c it closes 0.78 on any day.Chart pattern looks bullish on this counter.If it gets close to 0.78,u shud take yr profit but it all depends on your holding power n your profit expectation.All i can tell u from my chart analysis,a test at 0.77-0.78 is imminent.
Based on past year trend....after Divident Ex date....price will slowly drop below 0.70 and continue going down.....until mid 2014 IF financial result and divident good, then will rebound again. I'll buy back again if price drop below 0.65 since I've already sold recently
Hi Jenny, just a gauge, latest eps 4.78, annualized it, times PE of 6.99, giving it 1.34 TP. This is an estimation. The thing with this counter is that the mkt cap is small; 43mil. If there's people who want to goreng this counter... can go up very fast. if not, it will be slow moving. DY 4.17%, not too bad. Slow and steady. There will not be much excitement for this counter but it should trend upwards slowly. I tried emailing their management asking them what's their plans for the future, received nothing from them.
Hi Jenny, to be honest, I wont have the answer to that. If I do, I don't think I would be on this forum reading and answering to people. ahhaa. I personally do wish it could head to that pricing or more.
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....
Harold Huong
1,036 posts
Posted by Harold Huong > 2012-05-24 12:39 | Report Abuse
Really even research house do not want to waste time on OKA??