Borrowing increased, Maybe just like VS, borrow to expand and increase productivity. They bought new land? coz saw it in the qtr report investing cash flow.
I like what I see from the QR. Continued increase in Revenue and steady increase in EPS. Based on current trailing EPS, PE at 10x the FV should be 69 sens. If you take 1st and 2nd Q, annualised it by 4Q at PE of 10x, the FV stands at RM1.04. However, due to the volatility in earnings, apply a 20% discount, which is conservative by any standards, TP of 80 sens should not be a problem. I have not taken any position. If tonight Fed's announcement is reflected positively, I will likely enter first thing in the morning.
problem with keinhin is very high borrowing and yet they still try to borrow more. n not much cash. other else it is a very good stock. regret didnt enter today morning
Mun Hong, appreciate your comment. I note their past improvement in earnings. That is why I did mention TP of RM1.04. However, applying conservative standard, you must look beyond 4 -5 quarters. Prudent method would require to look at least beyond 10 quarters. Having said that, I think KH is performing well. If the next QR they can maintain the performance, RM1 is no issue at all.
Risk- easy biz, low margin, low barrier of entry. Any ah being, ah sent can strt up similar company tomolo and grow to this size also! No strong bargain lower in pricing, easily killed by Taiwan and China competitors once they are in similar market
yes, anybody can start.....but they didn't...and this company gives excellent exposure to Vietnam and a head start. Vietnam is the fastest growing economy in the world and everyone in Vietnam will do well.
tiu, this fellow everything negative, can really sap your energy if you talk to him for even 1 minute
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paperplane2016 Risk- easy biz, low margin, low barrier of entry. Any ah being, ah sent can strt up similar company tomolo and grow to this size also! No strong bargain lower in pricing, easily killed by Taiwan and China competitors once they are in similar market 28/12/2015 22:48
easy biz, low margin, low barrier of entry. Any ah being, ah sent can strt up similar company tomolo and grow to this size also! No strong bargain lower in pricing, easily killed by Taiwan and China competitors once they are in similar market
1.3 and beyond that is possible if previous Qtr results is stay positive and my personal view will be better since weaken RM will bring huge +ve impact to the company revenue.
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....
TheRock
193 posts
Posted by TheRock > 2015-12-16 23:12 | Report Abuse
Borrowing increased, Maybe just like VS, borrow to expand and increase productivity. They bought new land? coz saw it in the qtr report investing cash flow.