I noticed that when the big cap listed in bursa when the valuation here is lower than its peers in Singapore and Hong Kong. Surely, there must be some reasons why the company didn't go there.
Investors sure losing big money as the future profitability is unpredictable....JCY is one example.... Now LCtitan follow
Trump will pull the world into a recession by his ending of waiver of oil sanctions. Opec n Russia has learned their lessons. They will not increase output to lower the price of oil.
I have no trust in Lctitan management, for how their ipo riddle with hidden info like water disruptions etc. And also how it is priced at RM6.5. Guess they go ipo as they knew their business is matured or going down and not some growth requirements. This type of counter should avoid.
management better find a way do hedging...so big company no hedge very dangerous...watch out currency transition....dont maximize the losses before too late...
Q1 makes 2.46 sen. Annualized is 9.84 sen. PE 10, fair price 98.5 sen. PE 15, fair price is 148 sen. PE 20, fair price 197 sen. PE 25, fair price 246 sen.
So what do you pick? PE 15? PE 25?
If you take into consideration dividend 17 sen. Times cover? Negative man! Not prudent way to pay out more than what you earn! Not sustainable.
Crude oil is on the way up. Unless can get better selling price, profit margin will squezze further. Play safe, buy at PE 12 to 15. You may see PE deteriorate next quarter............
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....
kasinathan
967 posts
Posted by kasinathan > 2019-04-29 15:29 | Report Abuse
I noticed that when the big cap listed in bursa when the valuation here is lower than its peers in Singapore and Hong Kong. Surely, there must be some reasons why the company didn't go there.
Investors sure losing big money as the future profitability is unpredictable....JCY is one example.... Now LCtitan follow