Thanks calvinteo for sharing. That is definitely an impressive writeup and you have done an in-depth study on HSSEB. I'm the first batch investor who gets the private placement of this company. I've met the management team. I bought a lot when the price went down to about 50 sen. I'm still continue to accumulate now. Your target price seems to be conservative at RM1.50. I believe it should worth at least RM1.80.
By annualising the latest EPS 2.5 sen, into 10 sen (i.e. 2.5 sen x 4 quarters). RM 0.96 [ closing price on 7/4/17 ] / RM 0.1 = PE 9x.
With current order books at approximately RM 400M, it is conservative by annualising latest EPS with assumption that there is no growth in coming quarters. However, based on its track record YoY [ Year over Year ] and QoQ [ Quarter over Quarter ] over the latest 5 years ( can refer to its Prospectus ), growth was strong......
Hence, IMHO that the Intrinsic Value (IV) should be more than RM 1.50 based on my own assessment and evaluation.
I am new bee in this forum. I have observed Mr. Calvinteo write-up for a few counters since March 17 such as HSSEB (bought at 0.63), D&O (bought at 0.39), EUPE (bought at 1.08). I'm still accumulating HSSEB at 0.97. Thanks Mr. Calvinteo for good recommendation. Hope can share with us more counters like HSSEB.
Thanks Calvinteo's sharing and I hope HSSEB will fly to another level as like what you expected... I have followed your recommendation to make some profit from the counter of D&O, Dataprep, Cuscapi and CAB. Hopefully this time I can make more...Anyway THANKS Calvinteo!
i think possible to reach RM1.20, that will give a PE of about 24x. current construction sector gives 25x. i think we need to come from a point that hss role is also significant in construction just that they dont need big capital and asset base like construction company but their asset is intangible - their employees/professionals. given they are the first consulting company listed in bursa, people may take time to understand their model and now people started realising they are a gem. construction prospect in malaysia is still very positive
@moneyseeker I don't doubt the potential in this stock to go rm1.20 or more and I believe even for those who want invest in this company. I only doubt those that say tmr this will happen and that will happen that the price will be this and that.
If I were them, I won't want to let loose too many corporate announcements at this point in time. Let the market digest all the news first, then let out some other good news when hype dies down. That's if I wanted long term growth of the stock price.
If it's all for goreng purposes, then they may be a slew of announcements coming out in quick succession.
Aaa888 if you take profit name now , you are gonna regret. I've been averaging up since 0.67. Even today I am buying. Read through all info and make your own decision. For those holding on , let's see HSSEB charge on to our target of 1.50.. ..... aaa888 Suggest take some profit first. Up too much, need some rest. 10/04/2017 10:46
@ greatful -I took this from the proposal announcement,
"ESTIMATED TIME FRAME FOR THE COMPLETION OF THE PROPOSALS Barring any unforeseen circumstances, the Proposals are expected to be completed in the second half of 2017"
Refer to attachement in the announcement made through the link below:
after four days of consecutive gains its not surprising at all to see profit taking. thats normal. for those who can hold there is absolutely no cause for alarm.you can see light at the end of the tunnel pretty soon
Guys anyone here have tried looking at Rexit? i think it is cheaper compare to HSSEB and got potential too. But I havent look really in depth. anyone can advice?
when it reach at the price rm1.20 then u dump at current price or lower , then u know wats so called regret . well im waiting for u and ur friend to dump , u are juz another con man which trying to scare ppl away and get the share at cheaper price .Oh man , please use another tactics
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....
IBanker
159 posts
Posted by IBanker > 2017-04-09 02:50 | Report Abuse
Thanks calvinteo for sharing. That is definitely an impressive writeup and you have done an in-depth study on HSSEB. I'm the first batch investor who gets the private placement of this company. I've met the management team. I bought a lot when the price went down to about 50 sen. I'm still continue to accumulate now. Your target price seems to be conservative at RM1.50. I believe it should worth at least RM1.80.