Being effected by the slowing down of the property segment, it is expected that the company will post lower revenue level in FY19 vs FY18. In addition to the compression of profit margin, FY19 will bring negative growth earnings to the company (Fy18 Patami was rm6.5mil). The current valuation of 15x PE is expected to go up even further.
Those that are interested in having exposure to the furniture or property industries are adviced to look to other conpanies that are currently trading at lower valuation vs Signature.
However, if you are looking to diversified your portfolio into low valuation but with potential earning growth in FY19, I would recommend you to look at MBMR.
The company is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.3x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year 4Q17. And FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19.
Sign last time is many good investors superstar I wonder Sign still net cash I long time no see Sign Last year Sign is Net cash and Cash rich now ? why a Net cash counter become a Sohai Sign Boss not support back to 70sen ?
Momotrader I appreciate what you wrote and your aspirations. If a guy has not much money privatization is a long shot. Let's attend the next AGM and do what is necessary. Who is waking up the salt fishing?
the "dato" is buying up this illiquid counter. he was supposed to do it when it was around 80-90 cents he's buying it cheap now. really speechless with his actions.
he is waiting the timing , he is clever than all of us later good resukts good div
Sign easy back to 1 ringgit always like that
08-Mar-2019 Insider DATO' CHOOI YOEY SUN (a substantial shareholder) acquired 645,800 shares on 07-Mar-2019. 08-Mar-2019 Insider DATO' CHOOI YOEY SUN (a substantial shareholder) acquired 210,000 shares on 06-Mar-2019. 08-Mar-2019 Insider DATO' CHOOI YOEY SUN (a company director) acquired 645,800 shares at 0.402 on 07-Mar-2019. 08-Mar-2019 Insider DATO' CHOOI YOEY SUN (a company director) acquired 210,000 shares at 0.387 on 06-Mar-2019.
he's not clever. he betrayed our trust. out to con new people. his reputation as a proper businessman is gone. GONE.
that my friend is a breach of trust, ethics and morals. if it goes back to a dollar, good for him. and good for you if u continue to support the share price.
i AM not easy to sell a share I will see the future if for me Sign biz still ok'bcos not much competitor like banks , propety , oil sign got their uni biz strategy
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 31 Mar 2019 31 Mar 2018 31 Mar 2019 31 Mar 2018 $$'000 $$'000 $$'000 $$'000 1 Revenue 35,322 54,195 117,041 161,901 2 Profit/(loss) before tax 1,068 5,475 4,574 14,062 3 Profit/(loss) for the period 634 3,834 2,792 9,868 4 Profit/(loss) attributable to ordinary equity holders of the parent 349 3,659 2,144 9,476 5 Basic earnings/(loss) per share (Subunit) 0.20 1.60 0.90 4.10 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END
The Company had on 22 November 2016 entered into a MOU with Bank Rakyat to explore the possibility of collaborating with each other with regards to the provision of financing facilities to those who desire to upgrade and/or are interested to buy kitchen equipment and appliances from the Group.
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....
Yael Jasper
2,178 posts
Posted by Yael Jasper > 2018-08-13 15:42 | Report Abuse
good price