Scanwolf: Sells Kampar land for RM1.6m. Scanwolf Corp proposes to dispose of two parcels of commercial land in Kampar, Perak, measuring 3.72ha to The Combined Bus Services SB (TCBS), for RM1.6m. Scanwolf said it consists of a disposal consideration of RM1.3m together with an infrastructure contribution of RM324,086 to build an integrated bus terminal complex. (SunBiz)
if they deliver 99.6 mil profit from the project over 4 years.. they can yield an eps of 28 cents per year for 4 years.. we know property nowadays only those strategic location are sell-able. with this bus station and it's strategic plan and location to make it centre of kampar is just so awesome. i won't give a pe of 10, but a range of 6-7 is fair. that will give u a crazy TP. but to be conservative, i this is an above $1.00 stock, as i see it.
TP 70 sen..look at comcorp...it flew like a bird from 38 sen to 89 sen before dropping back to 72 sen. I have a feeling Scnwolf can be better than Comcorp. Scnwolf expected 100 million profit which is huge and with only 87 million stock in the market....this is a gem! Grab some before it fly like comcorp. Remember Comcorp only 140 million share also fly...this is 87 million share...should fly even higher...TP $1 coming??? Maybe.
i read from one article, the buy and sell between 9~10am is a bit non-rational, hence the price is fluctuate fast during this hour. You may wait after 10am, when price movement more stable, then only decide.
You look at comcorp... how it fly....from 38 sen...it did reach 89 sen....still non-rational?? hahaha...Don't under estimate Scnwolf...it has reached $1 before...so nothing is impossible.
today volume quite high. I believe will duel in 15 to 20% of the total share issued by end of the day. But the selling pressure still very strong. Look like many people stuck on this share previously, loss confident and now keep cut loss.
An important development took place on 14 January 2016 where the price of SCNWOLF broke the resistance of 0.37. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. Immediate resistance 0.46
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....
richkid
8,140 posts
Posted by richkid > 2016-01-14 16:43 | Report Abuse
Why I said so? Look at Scnwolf...only 87 million shares... The smaller the better...the faster it shoot!