Asam, brahim will give us diabetes when its sugar business gain traction. Brahim back to my portfolio thanks to asam's reminder.
Anyway here's my rough analysis of MITRA
The reason I think Mitra is a good buy,
1. The landbank it owns only booked at 160.5m but can be worth 4 times more. About 450 acres of land and will last them for 4 years of development
2. The profit has rebounced/breakout. It used to do well in 2011 but not so well in 2012 and 2013. This is a way to get undervalue shares. The price is low because of reflection of previous earning. If you can forecast the earning and buy before the price is appreciated then you will bag the profit when it is fully valued. The current PE is also attractive in comparison to competitors. I assume there will be a surge in demand for property before GST kick in and when people get use to the cooling measure of government. The uncertainty in neighbour countries such as Thailand and Vietname will encourage investor to put more Money in Malaysia that is slightly more stable. Singapore is more stable but too expensive, so Malaysia is a safe heaven. Company that can deliver expensive property will able to sell to foreigners.
3. More contract secure such as from UEM Sunraise and PHB. The order book is strong at 1.2b and I espect profit will grow roughly 40-50% in 2014.
4. I like its portfolio that is very diversified. It has property development, manufacturing and trading, healtcare and etc. (Sample, Own 51% of Optimax, manage 152 acres of golf course, unclez will like this :-) , altought it is in South Africa).
5. Chart - Only for short term buyer -> it has broke out recently the triangle thingy :-) and stays above all moving averages. First it need to break 0.87 resistant and if that is broken, its next target will be RM1, 1.13 and RM1.3. Please note this is only my half baked, cinchai technical Analysis :-). 1792 more zun/accurate in chart. The price may retrace if it does not break the resistant and you may wait for next cycle up. So B/S at your own risk. I buy it because of its future prospect until FY15 and potential of 30-40% upside of today's closing price.
ctea, good news on Inari's quarter results with 0.02 dividend? Profit doubled Q vs Q. Normally, price would shoot up before announcement is made as insiders will know about it but today looks flat.
Asam bro, u also felt the pain leh? No water susah wooo. Worse than no electricity. Talking about that wonder if I can get OCK to install solar panel on my house. Self sustainable. Tanam sawi can eat green vege everyday. Hahaha. Btw I wonder what's uncleZ message on his latest posting. I like the looks of the breakfast spread yum yum! Invest in US market? it's mind blowing just one google counter equal more than half of whole KLSE cap. Wow.
Thank u Chinesetea bro on MITRA FA :-) South Africa. Play golf. Beautiful countryside. Awesome.
Here's wishing all bros n sis good health n may your value investing wealth Maximus Googolplex!!
Saham googol begitu mahal. 526 dollar amerika sesaham. Siapa larat beli? Sini, 10 ringgit saham pun tak larat beli. Rasa rasa semut semut klse ada banyak beli 10 ringgit punya saham tak? Bayangkan kalau ada 10k saham googol pun sudah kaya raya. Tak perlu susah susah lagi tikam tikam saham bursa kita
Zoom, both google and ock are telecommunication related companies.... I think unclez is trying to tell us that ock will be the next success story @ Malaysia... Haha teka -teka aje....
Tewnama, tikam tikam ock pun cukup ... boleh kaya lol ......
Betul tewnama bro. Mungkin uncleZ tengah bagi isi tersirat sekali lagi.
Waterlilly0, u may be on to something with that guess. But to make things clear, google are more like end user consumer based solutions and products, while OCK is the other end of the spectrum i.e building the infrastructure that enables those solutions n products be delivered to consumers. Think how water (since we were affected by the painful water rationing, n yes I am bitter still) is delivered to our houses. Googol would produce the diamond/bacfree/ion/etc water filters n enhancers while OCK builds the essential hydroelectric dams, pipes, reservoirs needed for smooth flow of water. :-)
Who knows perhaps googol aspire to be a e2e player and take up the remaining 10% private placement of OCK? - hehe just my thoughts ya.
Hehe zoom.... how I wish it happens...... Hehe....past 12pm, your thinking cap is on ..... Hw wonderful if OCK can hire you to work for them .... Hehe .... Goodnite and dream of OCK okay ..... tomorrow up _up_up
Semua diam diam makan tomato? Siva, wait for show when dj bounce. Inari need to behave before going to main board. I am wondering whether it need to do pp to comply with main baord rules.
wahaha, chinesetea bro. Makan Heinz tomato. Inari always Heinz or tongkat-ali-less after sterling results announcement. Every quarter the same. BORSON.
By the way your mitra doing good job today. Congrats.
Itu lysaght maybe will main-main after yesterday's announcement. Fundamental not bad look at their public free float %.
Three penny stocks with Fundamental & good prospect: Smrt, Picorp & Ideal. Wait down 10% maybe can buy keep. But again I won't be responsible for any riot, water rationing or Ukraine crisis.
Thanks but not all the time lah. After eating into nasi brahim, lausai a bit. Should have done my home work to check the fibo retracement 34% @ 2.01 . Need to drink hovid tea to cure it :-)
Morning Siva bro.. Based on chinesetea bro analysis, mitra is moving to break 1 buck, so still got room to profit. Volume is strong, correction will come once it is overbought.... As usual pls remember buy sell at own risk bros n sis. Thanks for the tip on PJDev bro. :-). Yep looking forward to PRESBHD goose to fly ever more higher :-). Slow and steady, calm and composed rise. Sweet.
Mkh need to wait for el nino http://www.thewire.com/national/2014/05/el-nino-2014-refresher/371188/ If not happen then el pipo, call police, :-) That affect all plantations stock and push up Palm oil price. Floatation story will appear again sometime after quarter result. This is biggest catalyst. Dir also strengthen, so the lost of force may be reduced.
Hope this helps. Hovid for long term so can drink anytime.
Wait for correction and watch out for U.S. treasury movement that affect stock price in dji and klci
tew, Vitrox quarter result out soon. So too late, never chase high. If anyone want to buy something, coastal. The result will be out next week and good for long term
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 Chrollo > 2014-01-03 17:53 | Report Abuse
Hi all, this group is created in order to discuss value stocks. Talk anything here! muahahha