It started to fall after bursa's uma query, which is very stupid since every uma query comes back with same reply : not aware of any reason for sharp increase in volume/price. this conclusion is simple because if there are any known reasons they would have been announced by the company. Due to the reply, many begin to lock in gains.
The recent run up in ysp share price is due simply to the sharp increase in q1 2015 earnings over q1 2014 by some 70%. If q1 2015 performance can be sustained, ysp's eps for fy2015 will be in the region of 28 sens which translate into pe of 10 based on today's price, and yield of 5% if pay out ratio is 50%. Attractive!
Don't overlook the impact of GST. Many pharmacy n customer buy a lot before GST, after GST their sales drop at least 30%. This is real story, my Fren operate phamarcy at petaling area.
Mr Koon always said: If the quarter result is decreasing for more than 2 quarter, he will sell the stock. So Q2 is the 1st quarter that showing result decrease, if next quarter decrease again, then this stock is out from his radar. His fund manager Mr OTB will definitely sell it.
Q2 2015 Q2 2014, there were big increase in terms of profit. It shows the company is doing well. Of cos if compare with Q1 2015, there were decrease. I would say it should compare with same period last year instead of Q1 2015. Bcos, this will eliminate the seasonal factors.
OTB must know something we don't otherwise profit from EPS 7 to 2.57 is still rated good. PE now 17 times but historical PE is 10. YSP needs to catch up on earning otherwise it will come down. Down side risk high while upside limited. but so far OTB has done better than me.
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....
chiowmin
2,797 posts
Posted by chiowmin > 2015-07-30 15:10 | Report Abuse
still got hope to rebound?