ya, definitely today will up and down, cause ppl who buy low will quit, but if you see the potential of this company, then you will hold it for even higher
@yykyy yes that is true we hold for mid to long term because we know the potential of this company and we will grow with this company as well...when the time is right and the fruit is ripe we all will Huat Huat Huat.
@fruitcake...few years ago JFTech and Greatech oso started as penny stocks lah..no need worry in time it will happen...but when it happen will you be on board or not that is the question wor
their manufacturing rev and profit are up significantly this year.
my opinion only..Their new Post bonding Automated Optical Inspection machine is catered towards AUTOMOTIVE industry chips.. Could this machine help to alleviate chip shortage by reducing cycle time?? there has been alot of news on car manufacturers facing chip shortage.
• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.
• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.
• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.
• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda). https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls...
With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.
@yykyy exactly we want to go up slow and steady coz we are investors those who say fly up fast are traders who want to make a quick buck but then there are not wrong as well. Its ok my sifu always say "Sabar itu Indah" Patience is beautiful becoz in the end you will be rewarded.
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....
Miz Raya Bloom
6,888 posts
Posted by Miz Raya Bloom > 2021-01-18 15:33 | Report Abuse
ku beli sebab dealer ku ler, dah pegang hari2 dah kikiki