Perhaps,it is time to accumulate it at 0.46 & below today/next Monday. It should worth more than that. Why?
Total Shares Issued: 310 million Par Value: RM0.50 Dividend paid: 1 year twice, 2 sen + 1 sen= 3 sen Last Year Profit: RM27.5 million 2015 1st Half Profit: RM10.4 million
Let's say if buy at 46 sen, return is abt 6%. Better than FD. For long term investors,it only takes about 5-6 years for them to earn this company.
Profit maintain, dividend more than 6%, Just take over a Singapore factory, 2 new factory in Klang going to start production. Very agree that Leon Fuat is under value.
Ya. From its previous trading pattern, I hardly goes up huge in 1 go.very conservative. Usually it will up 3-4 sen, then consolidate for few days & continue another round after profit taking. Like the recent ones. Plan to buy back again when profit taking next week.
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....
kkng0819kk
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Posted by kkng0819kk > 2015-10-30 10:32 | Report Abuse
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