Comcorp is a turnaround stock that is going to explode soon! Not only fundamentals are solid (EPS = 10sen post 2015), forward earnings will improve significantly with the exchange rate hovering around 4.00 to 4.10 levels. On its own, EPS may achieve 16sen to 20sen (2016 annualised).
Several catalysts are on the way: - (1) Green Tech plant in Kundang, Kuang going on steam, giving RM6.67mil/yr fixed from feed-in-tariff; (2) Come July 2016, litigation payment from U-Television of RM12mil (excluding late interests of about RM2.0mil); (3) Between, 2012 – 2014, funding of RM9.0mil from the government on the SMART METER project involved Comcorp in the manufacturing/assembling of such meters. A total of 8.5mil pcs, commencing with Melaka (2017), to be spread over 5 yrs. Earnings for Comcorp would be further boosted. BUY!!!
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....
Koon Bee
987 posts
Posted by Koon Bee > 2016-06-15 10:03 | Report Abuse
Wait to sell above rm1