Scroll up to this thread, and you will know everytime i give tips, its accurate. Last year i have guided the people here to earn a lot from this counter if they follow exactly the time i say buy and sell
---Emergence of new major shareholder--- **Lembaga Tabung Haji (LTH) has emerged as a substantial shareholder in piling and engineering specialist Ikhmas Jaya Group Bhd, after purchasing 26.9m shares or 5.17%( price range between 64sen to 65.5 sen pershare) stake in the company.
** LTH bought the stake via direct transaction on Oct 25. This means LTH is now the new 2nd largest shareholder of Ikhmas Jaya, after Ikhmas Jaya Holdings Sdn Bhd, which holds a 65% stake with 338m shares.
** LTH has emerged as a substantial shareholder in Ikhmas Jaya is a sign that of growing confidence in the group’s prospects.
i don't know what are you guys fighting for?..but i think the downtrend is because of a FOMC meeting..so most of the traders are very cautious right now. I bet most of you are loosing money kikikiki...
Earnings visibility is anchored by a sizeable order backlog, coupled with strong prospects for job wins. Outstanding orderbook of RM590mil. YTD, its job wins stand at RM438mil.
Following a recent meeting, AmResearch maintain BUY recommendation but cut FY16F/17F/18F earnings forecasts by 30%, 10% and 1% respectively, and cut FV by 10% to RM0.76 (from RM0.84), based on 13x revised FY17F EPS of 5.9sen to reflect additional costs to be booked in from the RM278mil Subang Skypark railway track project (95% completion).
Ikhmas is only likely to recover these additional costs upon the handover of the project (which is beyond FY16).
The research house projects earnings of Ikhmas to contract by -43.6% in FY16F (versus -19.5% previously), but more than double by +115.0% in FY17F from a low base.
On a brighter note, Ikhmas is upbeat on new orderbook replenishment over the immediate term. It is hopeful to secure from a reputable private developer a bored piling job and a massive infrastructure package worth >RM500mil in total, as well as design & build government building jobs worth about another RM500mil in total.
冷眼:“沒成長,不要買,有成長,不要賣;成長短,短持有,成長長,長持守。 AmResearch projects earnings of Ikhmas to contract by -43.6% in FY16F (versus -19.5% previously), but more than ---double by +115.0% in FY17F(有成長,不要賣)--- from a low base.
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....
Shafiq
266 posts
Posted by Shafiq > 2016-09-07 19:50 | Report Abuse
Oversold