KLSE (MYR): SLP (7248)
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Last Price
0.90
Today's Change
+0.02 (2.27%)
Day's Change
0.90 - 0.90
Trading Volume
8,000
2024-11-20
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2024-11-11
Multibagger
155 posts
Posted by Multibagger > 2014-01-04 09:52 | Report Abuse
Business background above on another company, not SLP resources!
Took a look at the company recently, consistent and decent dividend yield 4-5%, upside from capacity expansion recently..downside - power and labour cost will increase in FY14. Small compared to Daibochi, Scientex n Thong GUan. PE still attractive ( though TGuan is better). At 43 sen now, i believe downside risk minimum. Issue: not liquid and easily manipulated should there be speculation. hopefully still can get double digit return from div + capital appreciation for FY14.