GST is a very hot theme brought up in the recent play of IFCAMSC, hence market focus will be onto other GST related counters in the weeks leading to the Budget on 10 October. CENSOF will inevitably do well for Q314 (September), further justifying its 'deep frying' to new heights before the third quarterly results are reported . 2.Since IFCAMSC had been 'deep fried' and its now fully valued at 42c for 2014, the risk is very high compare to CENSOF.
3.Better quarterly results for CENSOF: (a) 31 March 2014 - Rev Rm 30.3m; NPBT Rm 4.3m; NI Rm 1.3m ; EPS 0.36c & NTA 24.6 (b) 30 June 2014 - Rev Rm 31.5.m; NPBT Rm 6.7m; NI Rm 1.7m ; EPS 0.43c & NTA 24.2c
4. CENSOF should be in the coming weeks, leading up to Budget day, see its target prices ranging from Rm 0.605,to 0.65..Possibilty of further upside from here to 80c.
SYCAL is another fundamentally strong counter. If cant contra, have funds to pick it up. Financials: eps 5.37c (2013); and 12 months trailing eps 30 June 2014 is 6.10c. Estimated 40% jump in earnings for 2014. Low PE 7x. Currently trading at a discount of 30% to its BV/NTA of 62c
SYCAL is another fundamentally strong counter. If cant contra, have funds to pick it up. Financials: eps 5.37c (2013); and 12 months trailing eps 30 June 2014 is 6.10c. Estimated 40% jump in earnings for 2014. Low PE 7x. Currently trading at a discount of 30% to its BV/NTA of 62c
Still holding Ajiya, Censof, EAH, KPSCB, MMSV, Marco and Sumatec. Wah...fridge still full of stuff lor. Tmr...6c6c Opcom, Pasuk, Sycal, Instanco....wah many lor how to work like that tmr? Take cuti???
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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?