I still maintain that Sam is undervalued at this price. It's got excellent prospects for the next 6 months. Why do you think banker pushed up to this price. Lots more upside to come.
The QR result is within my expectation, normally Q1 profit will be the lowest amongst other Q, rolling 4Q EPS 47.63 x PE 40 = RM 19.05(Fair value) so cheers, if you invest this counter and look for quick money you are in wrong place, tomorrow morning will be the great opportunity.
guess depends on operator direction and support now for tomorrow. closing seems no interest to push up back. Long term wise prob have potential of economy reopen & further recovery. Short term till next QR will prob expect some price volatility movement. After all prices have move ard 120% from last qtr ard 7.00 range. hope for tomorrow have steady perf/support and do closely monitor on its movement.
If you look at vitrox eps for last 4 quarters, it's average around 7 sen per quarter only. Last quarter their eps around 10. And yet the share price is rm19. Sam kor last 4 quarters average around 12 sen per quarter.
this counter got very low volume, when result is bad everyone rush to sell for sure those buyer will queue at very low price to collect. Since I buy at 12 something I do not mine to take profit.
My thought : price will drop tomorrow and next week only rebound as the QR is really not interesting. Remember share prices are 6 months ahead. RM16 is taken into consideration of their future expansion and expected sales
Don't know why you guys are so concerned. Qes qr earnings dropped by half this week from previous quarter and the price still maintain above 80 sen. Market is always looking 6 months ahead and we all know the outlook is very good. Management already confirmed during the agm.
Superman.. I'm holding since rm10.60 la. When price retraced from rm15 to 11.60, I was still holding. I'm a long term player. I don't go for swing or contra trades. My main portfolio now is mostly Sam and Scope. Both are up over 50 %.
Current year prospects The on-going COVID-19 pandemic continues to impact the commercial aerospace industry. According to Industry group IATA, global air passenger traffic has recovered to 40% of pre-pandemic levels in June 2021, with domestic air traffic recovering to close to 80% of pre-pandemic levels. Global passenger traffic is expected to return to pre–COVID-19 levels by 2024. The growth momentum in Cloud Computing, 5G Telecommunications, Artificial intelligence (AI) and Digitization continues to fuel strong demand for semiconductor chips and storage devices. According to SEMI, some 29 Fabs will be constructed in 2021 and 2022, triggering strong demand for semiconductor equipment. Global shortages of semiconductor chips which is expected to last until end of 2023 should drive the demand for semiconductor equipment. We are investing in new machines and space to meet increasing demand for our products. This also includes an expansion of our manufacturing operations in Thailand by securing the factory which is scheduled to start mass production by December 2021. In addition, we continue to explore projects with our existing and new customers.
============= Prospect still very good. Don't worry to much..
haha. Those who throw away their ticket will regret soon. Judging on the buy up after the open low. Buying interest is there. Afterall, this counter still very cheap. PE at 30x.
And also the open low never even break the 24th August Long Green candle low at 13.3.
History repeat itself. The movement will be like Genetec or Kobay.
Either you buy now. Or you buy at more expensive and regret.
My 13.90 ep earlier looking good now. Downside is limited from hereon because the short term traders cabut helter skelter this morning. Not to mention my long term hold at 10.60
Just bought my 1st ever share this week and this is the 2nd share that i bought. Unfortunately what i bought is at the high side and i'm encounter net loss now, but still bearable. I just bought again @ 14 this morning hope to cut some loss. Haha, people say new comer need to pay some school fee now i'm learning.
Superman if the price is over 17 in September, will you promise to disappear from here forever? You are really a pain. You remind me of pang who told everyone to sell when the price was below 12 and shortly after his comments, price shot up massively
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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....
blackchicken
1,220 posts
Posted by blackchicken > 2021-08-25 18:17 | Report Abuse
3 factors to buy Sam:
new factory in Thailand + recovering aerospace sector + new orders only delivered in the ensuing quarters