A place for "Fundamental Investors" to get together, share their research & study on their ideal stocks in the stock market.
Monday, September 15, 2008
The Current Market Uncertainty Makes The Great Entry Point Closer & Closer!!
Get ready your bullets, choose the right target, don't feel panic!
Good Investing!
5 comments:
Anonymous
said...
Hi Jeff Just to update latest development on keladi. Kedah gov has pass new housing policy, whereby deveopler have to reserve 50% quota for bumiputera. This will further retard demand and affected keladi major project in kulim kedah. As keladi 20-30% profit derived from its palm oil plantation, recent CPO plunge will also affect future profit.
Bought keladi at 0.10. Keladi is kedah based property developer, what more interesting is it trading at 10yr low level, est EPS 08: 2.2sen; PE=4.5x, NTA: 22sen; dividend yield>15%; cash= 6.2sen/share or 62% of current share price is cash. While the issue of 50% quota reserve for bumi have impact of keladi earnning, but current share price have put too much discount. In addition, keladi is expected to declare dividend in Q3 Dec, which i think should mitigate any further downside risk.
Also bought Daiman development at 1.43 cum dividend 15 sen; yield=10%; NTA: 4.34; Ptaras at 1.20 cum dividend 12 sen;yield=10%; NTA: 2.2 Again both counter are cash-rich stock with 20sen/share and 95sen/share ,respectively
how about Hap Seng Consolidated?This is a diversified company in palm oil, fertiliser, investment and automotive. I think it has great future. Appreciate some sharing about this stock.
The ROE for Hap Seng is a bit weak in average. I do not have much study on it, but it is good for long term investment if it cut off some of its unfavouravle divisions.
A person who was starting investment in the stock market since 18 years old, from a person who do not know stock market, to become a fundamental & long term investor.
5 comments:
Hi Jeff
Just to update latest development on keladi. Kedah gov has pass new housing policy, whereby deveopler have to reserve 50% quota for bumiputera. This will further retard demand and affected keladi major project in kulim kedah. As keladi 20-30% profit derived from its palm oil plantation, recent CPO plunge will also affect future profit.
Dear hng,
Thanks for your input. Yup all the issues that you mentioned will bring an effect on Keladi profit.
Try to keep an eye on it.
Good Investing!
Bought keladi at 0.10. Keladi is kedah based property developer, what more interesting is it trading at 10yr low level, est EPS 08: 2.2sen; PE=4.5x, NTA: 22sen; dividend yield>15%; cash= 6.2sen/share or 62% of current share price is cash. While the issue of 50% quota reserve for bumi have impact of keladi earnning, but current share price have put too much discount. In addition, keladi is expected to declare dividend in Q3 Dec, which i think should mitigate any further downside risk.
Also bought Daiman development at 1.43 cum dividend 15 sen; yield=10%; NTA: 4.34; Ptaras at 1.20 cum dividend 12 sen;yield=10%; NTA: 2.2 Again both counter are cash-rich stock with 20sen/share and 95sen/share ,respectively
hi,
how about Hap Seng Consolidated?This is a diversified company in palm oil, fertiliser, investment and automotive. I think it has great future. Appreciate some sharing about this stock.
Daer Alvin,
The ROE for Hap Seng is a bit weak in average. I do not have much study on it, but it is good for long term investment if it cut off some of its unfavouravle divisions.
Good Investing!
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