calvintaneng, gmutual is so good? I just bought it this afternoon at 51 cents, NTA 77 cents & EPS 8.02 cents (more than willowglen). I'm just worry about their debt~ Kindly, advise~
noted borrowings reduced substantially by 43.36% from RM50.5m a year ago to currently RM28.6m as the company have generated more than enough cash to repay borrowings. Cash balance remains healthy at RM12.49m compare to (RM14.266m) a year ago
Moreover GMutual's earnings has been very good the last few quarters. It earns 8 sen per share for the last 4 quarters, very good. PE would be 5.7 only. It has been making consistent profit each year supported by good cash flows.
calvintaneng, yes I'm the one who visited PM Corp. Thanks, I earned some money from there. I fully support gmutual because I trust u & sephiroth choice. I'm going to inject more money here after I got my salary next month, hopefully the price goes lower for me. =)
Newbie here can anyone give some opinion why this counter only worth below 0.50sen? I intend to jump in soon..all other property counter r already up so much but this Gmutual still sleeping... Hope it will wake up soon...cheers:)
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....
wee888
303 posts
Posted by wee888 > 2014-01-06 17:27 | Report Abuse
tks for the news.