@surviver, as I said earlier, actually my CONSERVATIVE valuation of Tekseng after the plastics expansions is only at least 40 sen !! But with sharks goreng, it can go much much higher !
If can hold until expansions revenue come in by next year, at 31.5 sen it is a fair price to buy even without the sharks goreng. If with sharks goreng, 31.5 sen is still considered CHEAP !! (it is pity you did not buy below 30 sen, after I set out the convincing rationals for a buy then)
Just hope big shots like wahaha and Britishempire are quietly collecting now, they can push Tekseng back to 1.00 !!
@Lim cs, I bought Tekseng at 24.5 sen in FEBRUARY !!!!
==================================== Posted by skyrider > Feb 9, 2019 10:10 PM | Report Abuse
Solar production already stopped since 17 sept 2018, so no more bleeding. ---- Posted by skyrider > Feb 9, 2019 10:25 PM | Report Abuse X
Director Loh kept buying company shares from open market since 28 Aug 2018. Time to relook at ah seng, especially since it is now at/near bottom. ---- Posted by skyrider > Feb 9, 2019 10:35 PM | Report Abuse X
Furthermorr at price 24.5 sen and dividend 1 sen, dividend yield is 4.08%, better than fd. ---- Posted by skyrider > Feb 9, 2019 10:49 PM | Report Abuse X
With the profitable pvc sector and selling of solar power, ah seng is worth at least 30 sen, now price is cheap.
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....
skyrider
486 posts
Posted by skyrider > 2019-07-11 14:29 | Report Abuse
Patrick13, we are buying for 2020, not for the coming QR.