Gadang share price already run too fast few years ago, now the share price in sleep mode. What it attract people to buy is the dividend in this price below 1.10. Who want its dividend and safety low risk can consider but it can't give you great return anymore.
Based on current book order. Estimate annual EPS at 16-18cents. So if PE 10, gadang worth 1.60.... if PE 8, should be 1.28.... that's why vivian said no great return.
The Company has received notification from Tan Sri Dato' Kok Onn, the Managing Director cum Chief Executive Officer of the Company in relation to his intention to deal in the securities of the Company during the closed period pending the Company's announcement of quarterly results for the period ended 30 November 2017.
Boss wants to buy back shares of lousy counter...then he will push up again and make lots of money, laughing to the bank. Very good for him!
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....
HuatRex
2,617 posts
Posted by HuatRex > 2017-12-18 20:59 | Report Abuse
Yes perform like sampah