Hi unice, I just started to look at this counter less than a week and not even started to invest in this one yet.
may I ask what make you think that this counter is good for long term investment? What make you think that this company business will grow steadily? any news or research data you got with you and you don mind to share? Many thank.
This stock is worth to invest due to involvement into IDB. and some of the land bank is yet to revalue. i bet if the revaluation for land bank purchase back to few yrs ago, sure the share price will increase more.
Let see the scenario what if : EPS increase-> div payout ratio will increase too.
Everything look good to me on this counter, but not the ROE=8%. A bit too low perhaps?
and most of the director didn't hold their share directly, but indirect/deemed using all the Sdn. Bhd. May I ask what's the benefit of doing that? As i know, if anything happen, is the Snd. Bhd. that suffer or declare bankruptcy but not the individual. Anyone can confirm that?
I wait for next quarter report first only making decision to IN or not. Next coming quarter report should be slightly under perform according to the company history. Maybe will get the price re-adjust and get something cheaper.
Dear Divine, i am just a beginner but share what i have done. Since last year i keep accummulating this share monthly at 0.24 up to 52 lots and sold all out in May13' at 0.477. Sorry nobody know when can it hit 0.70. My principal is once you have achieved double price, it is time to sell some or all. Always have chance to buy back. Actually after i sold all the 52 lots, i bought many Brem (another good company to invest). My rules is always go for lower price stock but only select those with good dividends (Brem gives about 9% yearly). Meaning while waiting for Brem to rise up to its actual value (which is 2.9), i also enjoy great dividens. Only dividend itself i could get more than 1k ringgit. Just a small sharing....Tq for your further advice.
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....
necro
4,726 posts
Posted by necro > 2013-02-26 02:27 | Report Abuse
so silent!!!