It is not worth to catch the falling. It is same as gamble. We cannot determine bottom, they sell, let them sell. Settle down, then decide is the best way for small investor.
No any surprise also if this counter go below RM0.45, its possible for the scenario now! when they need to rebuild a factory and etc.... sad and really sad for SIGN
Base on EPS 9 cents for FY2016, share price shall be above 90 (10x PE), furthermore Sign holding net cash in hand after land disposal. Expected to announce 2 cents dividend by coming AGM in Nov 22, 2016.
12 cents dividend based on 1.10 (ex split share) is 10.90% Dividend Yield for FY2016. Due to no second closer competitor in their industries, I believe property developer will favor to Signature from time to time.
this counter is performing share buy back at the moment... only will bounce back after they annouce good news... good news is at corner now... soon soon soon...
What a bargain! Company share buy back below 1.00. Owner earnings 0.14 per share. Mean 5 yrs ROE n ROIC above 10%. Little debt n decent capex below 25% of owner earnings. Undervalued n out of favour counter, for long term investment n dollar cost averaging buy!!!
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....
naruko
338 posts
Posted by naruko > 2016-10-07 15:25 | Report Abuse
oh...I bought some again at 83 cents