I don't think its supposed to seen this way, cash can be used to do alot of things, i.e. Share buyback. I think you better read the QR properly to avoid miscalculate your investments.
Hope this year also can get RM0.16 in dividends. Better than put money in the bank. If this results every quarter, price can go RM3.20. Need to watch USD exchange rate with MYR and continued ban on log exports.
I will also sell as soon as I see the company report less or reduce profit for 2 consecutive quarters. You must bear in mind that many company’s product or services are seasonal. I will not simply sell, when I see the company reported reduced profit for 1 quarter because its product or services may be seasonal.
I will also sell any of my holdings if I found a share with a better profit growth prospect than any stock among my holdings.
What is my target price for FLBHD?
Its annual EPS = 27.48 sen. Even if I based on P/E 10 which is very safe, my target price is Rm 2.75.
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....
LiimInvest
2,267 posts
Posted by LiimInvest > 2019-02-25 17:54 | Report Abuse
ESOS - 44,000 shares at 1.010.