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.
Yalor, i wait so long can't hit the price. Then i sell 0.50 this morning, after sell boom boom boom fly until 0.555 气到爆炸。。。 Why suddenly fly ar? Got good news meh?
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....
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.