It is a turn-around bet. Why? This company turned over a new leaf in 2014 when usd was shooting up from 3.3. Its balance sheet, revenue growth, profit growth, margin improvement, solid free cash flow etc make it really really attractive. The only big question is sustainability which is very much correlated with usd. If they are able to maintain their earning as per current, it could be worth up to rm3. What if usd goes downhill? To me, this is a very unlikely case if you look at those giant countries' economy like china, japan, europe etc. US is still a safe haven. In other words, usd will remain strong. So will SHH :)
UncleLim, I hv no idea of y share price went up fr 1.70 to current price but I know that it is still under value based on its forward pe of 5 with nett cash per share of 0.54
Even without interest rate hike, USD will stay strong because Brexit. If brexit concluded, all monies will fly out of Euro Zone. Where can those money go?
Same old question, Malaysia vs US, whose economy stronger right now?
Common sense ckwan11d never bother of the stock pick or No.1 to get the championship money. Calm down and don't mention anything for now...
My personal view is if given a choice you should erase all the statement like "karma", heart is toxin etc..... Not only unpleasant but hurting! If people comment me like that I will get hurt (frankly speaking) ....... We don't know what people's thought.
Frankly speaking if anyone face to face I will make sure HE/SHE in good "shape" immediately unless HE/SHE apologize
If in cyberspace like i3, I will phone back to check my mum: Are you Okay? Are you okay? I know it wont be happened with the curse so I treat it as 气话 and to persuade him/her to stop..... I fail to control most of the incidents there you see so many accidents happen...
I jz have to make sure that I doing my best I deliver my trust and ONE day people will understand my motive...
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....
lloydlim
3,971 posts
Posted by lloydlim > 2016-06-13 10:42 | Report Abuse
Last call for yktay followers before de plane take off!