If the company declares another 1.3 sen dividend again later just like last year, the dividend yield would amount to 5%. Not bad at all when banks are paying you around 3% a year on fixed deposits. Only thing is earnings per share is bit too low.
Another small cap stock, about RM200m. It's a turnaround company. ROE about 12%, for past 2 years. This group must prove its turnaround by growing its earnings, expanding its market share, getting new products, other than that, not much catalyst (although they are waiting for FDA approval)
fundamentally this is a strong counter. if do your homework and invest, there is no need for worry. In fact, if its Tocovid reclassification takes place, it wont be this cheap anymore. and the patent-cliff ventures should yield good results in six month's time. That;s not mentioning the minor profits Hovid makes by getting rid of whatsaname Indian company. Plus this with the charts, I think you dont have to worry if you are not a punter.
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....
mbuv4res
95 posts
Posted by mbuv4res > 2014-03-11 09:57 | Report Abuse
Bought 335 yesterday. Good timing.