Fpgroup will announced their plan which export their semiconductor to China and hk very soon. Thus the financial report is going out very soon. That's why the insider is accumulating recently
Hi saltedfish, I m in same boat with you. If double digit, I put it minimum 10mil 10mil/2.2mil = 4.5x Annualized EPS 4.5 x 0.67 x 4 x (conservative PE10) = at least RM1.20.
Deeply undervalued. Bear in mind I take minimum coming profit 10mil and minimum PE10. How if profit more 10mil and PE more than 10. It would at least RM1.50
This stock has super huge growth potential, if you look at their IPO proceeds of utilisation, you will be amazed by how much growth potential it has. And it's almost the ONLY semiconductor stock that hasn't gone up too much. Director has acquired the shares @ 0.86 yesterday. I believe short to medium term @ RM1.3-1.5 is very reasonable.
I bought this counter based on its extraordinary assets turnover ratio. Their management is good and shall always be the scion of semiconductor industry!
It's asset turnover ratio is 1.10, highest amongst its competitors, whether at home or from abroad. This indicates they got the most efficient management team and long run profit is not a problem as long there's still demand within the industry
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....
chua5888
22 posts
Posted by chua5888 > 2017-05-09 05:05 | Report Abuse
the chart seen uptrend 1st level 0.80 to 0.815