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 DRB-HICOM Berhad ‘s , Revenue surged to a 10-year hi

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RedJacket
post Dec 19 2010, 04:35 PM

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I first entered about 3 months ago at RM1.04, then again at RM1.13. wanted to average up when it was RM1.28 that level just a month ago but was cash was tied up elsewhere.

DRB's still very cheap, despite it being at RM1.80 now. P/E ratio (valuation) is a mere 6 times if i remember it correctly.

another stock that i had bought heavy into was KUCHAI Development. P/E ratio is 2.6 time only. and it has gone up from 90sen 2 months ago, to RM1.75 high recently.

any questions please PM me instead as i dont check back very often.

RedJacket
post Dec 24 2010, 07:07 AM

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go and goreng AIRASIA instead lah.. yesterday share price drop something like 17 sen.. now RM2.55 or something.. can think about buying.. they looking to get listed in Philipines..
current P/E valuation is at 14x like that.. forward P/E (2011) is about 8 x so still worth accumulating

 

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