good question, goreng or fundamental? My opinion, Pwroot have both..same goes to Oldtown, all balls to the Election. Some parties are raising funds..but for F&B business, can have long term outlook..but too volatile now.
ni lah masanyer political camp raising funds, mcm MRCB, KPS and few other counter goreng counters...well, lets not speculate it openly here, bottom-line, look at the charts, news and the product they are selling.
depends on your investing strategy... I dont want to caught myself on Overbought conditions and the MACD downwards...all depends on you... my opinion, goreng ni, if old town break 2.33 from previous highs then you see new support level created, same goes to pwroot
Oldtown Pwroot are brothers....both breakout on the 19/20 Dec....so follow them along...am wondering if Oldtown also offers Tongkat Ali coffee....ha ha ha. up up up and away!!!
another rule: stay away from GLCs. They might just use your money to bail out some sons, daughters or inlaws of somebody, buying poor assets at premium price.
The PE for this counter is very high but directors keep buying at 1.00-1.10, Koperasi Permodalan FELDA stop selling since 19/11/12, i wonder still can go in, better go for oldtown
It is quite common to use P/E ratio to determine if a stock is undervalued or overvalued. Typically, below 10 is fair enough. However, sometimes this indicator may have its flaw. It is advisable to use another more reliable indicator: net asset value or price divided by NSV to roughly estimate the intrinsic value. Of course, advanced model, like DDM, cash flow model will yield better outcomes.
The percentage that price deviates from its net asset value per share is the premium on the stock. As long as the premium is ranged between 10% to 20%, it is okay, according to the rule of thumb. This is the conservative way to say.
It is simple. You first go and get a stock price list on newspaper. Then, go and see the already-calculated P/E ratio. If the P/E ratio is smaller than 10, it is said to be good as the price is not inflated by so much relative to the actual earning of the stock. You could have a try on this.
PE for last year earnings is 22. PE likely to be lower this year as earnings improve. Power Root directors still not selling any shares unlike Oldtown directors.
the sales and profit is showing exponential trend but not the share price, I am sure share price will follow soon, lets wait and see the coming report with should be release in days. Good luck.
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....
unknown
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Posted by unknown > 2012-12-26 15:28 | Report Abuse
tongkat ali - ada umphh!