u quote analyst 1st, then i show for your ref...u slapping ur own face ?? LMAO...the statement title is profit plunged, but ony for the quarter and there is a reason.....
TRADING BUY - sell and take profit before the crash BUY - let's have more people join the madness HOLD - time to sell SELL - u're in deep shit cos you still own this stock
if the stock is really really good they would keep quiet and buy first lah.
"Pavilion Real Estate Investment Trust’s (Pavilion REIT) recorded a plunge in net profit in the fourth-quarter (4Q) ended Dec 31, 2013, due to higher fair value gain of investment properties being recognised in 4QFY12."
one thing with reits is you dont have to second guess the profits as most of them are just fixed rental payments. without the fair valuation gain this stock looks justified with its PER of around 12. probably not much upside for the rest of the year, might further drop after ex-date due to the unexciting financial results.
TRADING BUY - sell and take profit before the crash BUY - let's have more people join the madness HOLD - time to sell SELL - u're in deep shit cos you still own this stock
this reit does have some future potential, especially when farenheit and pavilion extension are injected. they also have damen usj and bukit jalil mall in the pipeline. all these however takes time and until then we probably wont see much of an upside.
filter the stock chart to 6 months chart, look at the stock chart volume bar, for those volume bar more than 1.5mil, it happen when the share price go down...but these few day pavreit go up bit by bit...today not drop but still got 1.6mil volume, forsee this volume will support this price :) correct me if i am wrong
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....
zres
40 posts
Posted by zres > 2014-01-21 13:25 | Report Abuse
u quote analyst 1st, then i show for your ref...u slapping ur own face ?? LMAO...the statement title is profit plunged, but ony for the quarter and there is a reason.....