EPS FY2013 before share split is RM0.186 EPS after share split is RM0.0744. RM0.627 of NTA is cash in company. The company is debt free. At PE 20, this share should worth RM1.488. For a well managed Cashflow company like Wellcall, I'll give PE 25 by loking at its prospect. New factory is on the way, demand is consistent.
There are some investors who want to convert the extra shares they have after the split to cash and reinvest into other counters. I did not sell any and keeping it, still hope that if more sellers emerge to sell at lower price, I want to buy this fundamentally good counter..
ping71, sorry for the delay in reply. I am not sure what target price as I think individually is what we willing to pay for current and future prospect. I think theres not much contra or short term players here so mostly are investors, and if we look at the volume daily and buy and sell, I believe it has stabilize at around 1.44, the current price. I have not sold any after the split and also have added more, as I intend to have my investment in here for longer term.
Wellcal has a strong management team, since it can compete n export above 90% overseas. D approximate price to buy ±1.40, d dividend is quaterly. Hope it keep on growing n profit plus dividend keep on increasing. Do your own analysis.
I think Wellcal will grow bigger in the coming years with the expanded production facilities coming in soon. The type of business that they have isn't easily copied and they are years ahead, having said that, being in 5 categories of industry and having the world as its market, theres big opportunities for it, but first one has to take care of its own backyard, the gearing up of its facilities to take on more. So at 1.44, it is a good starting point.
D intrinsic value of a stock, always don't match wz d market price. Every day Mr. Market will quote d stock price. It is up to us to decide to buy, sell or hold. For long term investors d price is crucial, how much DY u want n d capital gains. Well if d price is approximately correct, buy big n sleep well. Try to focus on few oustanding stocks.
Hey guys, I am a new investor. Just saw this thread. Need some advice. What price will be good to enter this stock esp now that its split. Doing my own cal the DY is 5.5 as the stock is now about rm1.45. Small time bros
ROE for this counter very impressive every year increasing and now more than 30%. Meaning the company is really good at managing it's finance. Even though revenue not consistent but profit increasing every year :) Can't wait to see what we'll get in May dividend.
HI Tewnama, dah Split tetapi every May akan beri Dividen (4 times a year and also like Presbhd dividend given out increase every year too). Chart shows it's going to move upwards. First barrier is RM2.267 ;) Long way up...
Betul. kalau dia boleh kekal dividen 4-5sen setiap suku bagus lah. tapi I rasa tidak. dividen akan ikut kadar split 2.5 iaitu 1.5-2sen. tapi baik jugak
Ya but ROE shows strong enough to continue growth and good payout to shareholders. Sebelum split memang counter in sangat sangat slow but now with the addtitional units will move up faster ;) LOL!
Investor are collecting slowly as there are enough sellers who opt out after the split as they don't wish to hold for long term. This is the opportunity for those interested to go for long term.
Once the sellers have cleared their position, the price will rise. From my observation ( which I may be wrong) there are one or more big sellers queing at 1.45, when they have completed their selling, there will be no roadblocks left. Most buyers are picking up smaller portions like 100lots and below, so theres no danger of big amounts being disposed later on. With the completion of the new factory later, 1.45 becomes too unrealistic for a growing company like Wellcal. Your comment are welcome.
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....
Marvyn Choong
122 posts
Posted by Marvyn Choong > 2014-03-25 10:23 | Report Abuse
EPS FY2013 before share split is RM0.186
EPS after share split is RM0.0744.
RM0.627 of NTA is cash in company.
The company is debt free.
At PE 20, this share should worth RM1.488.
For a well managed Cashflow company like Wellcall, I'll give PE 25 by loking at its prospect.
New factory is on the way, demand is consistent.