It looks like this company may not secure any big project in coming months. Order book stood stagnant at RM 150 million in March 2016. Profit is not sustainable. Share buyback effect is also minimal.
Most likely will drop to 0.80. Calculate based on estimated EPS for 0.08, PE-10, fair value will be 0.80. Better sell now rather than parking money here.
No bad news for this counter. Operator press the price to collect at a level far cheaper than current price. Typical trend of after split/bonus. Usually after split more than 1 year then only can back to uptrend. Possible will drop to 0.70.
by the way, looking at the bright side, if the dividend continue to be same or slightly drop, then it is still a gain as of now... , up up SIGN!!! not sigh!
dun panic, financially still doing good, someone trying to scare the market and slowly collecting at lower prices .... I'm preparing to collect more later on.... unless there are some insiders bad news about the co that we are not aware of.
if not include revenue from selling land, sign profit drop for 4 Quarters continuously. Look like property market impacted Sign revenue.. Prop market will be worst next year. Singapore property market already drop for 7 quarters. This is no joke.. Good luck..
Acquire at 0.92 now Cut loss at 0.83 almost loss 9%++
SOmetime have to admit we are wrong, eventhough we doing good research and etc. But some factor still there to affect the stock price and etc. Good by Signature International, too much of unpredictable enven though Intrinsic value is theoretical high... but when we know about the fact is.... force to sell their land for government development and etc.
If you continue to hold when lossing and lossing... your money will go gone in one day.
if let say fallen more than 50%.... price need to raise 100% only can back to your acquire price!!!! Guy please wake up, dont hold the falling Knife!! This is Dangerous and no return~ haha
International market created uncertainty. 2017 and 2018 have many negative news - China bubble, EURO, US, Malaysia GE etc. No point to hold long. cash is king. market will be stable after 2019. 2018 is the turning point. Good luck.
after reading all the comments, it triggered me to reinvestigate this counter ... sales indeed is dropping for this business, the only gain came from disposal of land ... waiting to see coming quarter result before further action.
Low get lowed now, massive disposal !! SInce the future is quit bad for this counter. This counter business is much more depend on property sales, if property sales drop his business sure bad.... but when.... property business is GOOD, not necessary his business is GOOD.
Too much of factor and yet now is a strong DOwntrend... fast throw !!
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....
kingcobra
2,772 posts
Posted by kingcobra > 2016-09-28 21:01 | Report Abuse
slow n steady....