Sarawak Plantations ranks high on valuations among 19 stocks in Malaysia's consumer staples sector, data from Thomson Reuters StarMine shows.
The data covers companies tracked by at least three analysts.
The planter has scores of 100 in StarMine's Value Momentum and Analyst Revision Models.
StarMine pegs the company's intrinsic value at RM6.97, more than twice the RM3.05 it traded today.
It also has a high SmartHoldings score of 87, suggesting a potential increase in institutional ownership. The stock has risen 2.6 per cent over the past month in a flat broader market as of Tuesday's close. -- Reuters
Hi kong73, go slow ok as market sentiment is pretty weak. Also keep inview of next month qtrly reporting...i expect a good result mainly due to high CPO price. Good luck!
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....
chrisyba
The next SOP in the making. Under researched and under owned by institutions. Worth accumulating guys.
2012-04-25 20:24