QUOTE(christor96 @ Mar 4 2011, 11:52 AM)
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STOCK MARKET DISCUSSION V73, Blood Bath is Refreshing!
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Mar 4 2011, 12:26 PM
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#101
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Mar 4 2011, 02:30 PM
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#102
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QUOTE(monkeyking @ Mar 4 2011, 01:44 PM) 4Q2010 registered a loss of 0.54 sen, but FY2010 EPS was 23.90 sen. Dividend was 12.34 sen. Again, steel industry is quite unpredictable, and there are too many variables to assess the fundamentals of the stock. Therefore I would find it more appropriate to use technical analysis to trade steel stocks if I want to monitor those stocks for trading, as it will not worth my time to follow the fundamentals closely without access of early information. Technically the stock was on a down trend. The closing price of 2.62 was touching the 100w EMA. I see the next support at 2.53, if it breaks the 100w EMA. The stock is on an uptrend, but the latest candlestick is bearish. The closing price on 3/3/11 was 2.19, just above the 10w MA centre line of BB. Fundamentally, 2Q2011 registered an EPS of 1.84, making a 1H2011 EPS to 3.52. I am making a EPS forecast of 7 sen for FY2011. At the price of 2.19, PER is 31x, which is high. If I use a PER of 25x, then the fair value is 1.75. The stock is currently overvalued by the market. Technically, the stock is bearish on a down trend, though the price was still trading above the 10w MA center of the BB. The support is 2.00. Fundamentally 4Q2010 registered an EPS of 3.77 sen, with FY2010 EPS 12.41 sen. With a close of 2.35 on 3/3/11, the stock was trading at a PER of 18.9x. Looking forward, I forecast the EPS FY2011 at 12 sen, and with a prospective PER of 17x, the fair value is 2.04. The gross dividend is 7.6 sen, gross dividend yield of 3.2%. Fundamentally 2Q2011 registered an EPS of 19.93 sen, and a pretax profit of 190m. But the pretax profit consists of an extraordinary gain of 172m from disposal of a subsidiary. Therefore the operating performance was not as good as the numbers showed. Since I am not familiar with the steel industry, I will not spend time analysing the detail fundamentals or the valuation of this company. It is more appropriate to trade this stock based purely on technical analysis. Technically, the chart is showing bearish downtrend, as the closing price on 2/3/11 at 1.67 had broken the horizontal support level of 1.77, and also broken down the 100w EMA. The next support is 1.58. The stock price was on a decline after reaching a high of 1.85 and closed today at 1.54, which is just above the horizontal support of 1.52 and the 100d EMA. Fundamentally, 3Q2011 registered an EPS of 7.63 sen making a total of 19.85 sen for the first 9 months of FY2011. I am making an EPS full year forecast of 28 sen, and with the price of 1.54, PER is 5.5. In my estimation of valuation, I am setting a prospective PER of 7x, thus a fair value of 1.96. so did this tall guy mention anything about DRB? |
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Mar 4 2011, 03:08 PM
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#103
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HUBLINE : 1Q net profit 9.439 million (increased 574.70%)
this sentence sounds very interesting right? |
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Mar 4 2011, 03:20 PM
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#104
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anyone here queue for summon clearance last month?
to prevent having to do the last minute max compound payment MYEG provide the fast notice through email and sms so, with the new summon rules and more e-services from MYEG, this stock should profit a lot right? |
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Mar 4 2011, 03:23 PM
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#105
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Mar 4 2011, 03:30 PM
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#106
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Mar 4 2011, 03:33 PM
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#107
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6:56PM COMPUGT See Thoo Chan (2,430,400 Shares Acquired)
6:56PM COMPUGT Goh Kheng Peow (2,430,400 Shares Acquired) 6:56PM COMPUGT Goh Kheng Peow (2,430,400 Shares Acquired) 6:56PM COMPUGT See Thoo Chan (2,430,400 Shares Acquired) shark's shopping ... |
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Mar 4 2011, 03:37 PM
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#108
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6:10PM KINSTEL Employees Provident Fund Board (7,843,400 Shares Transacted)
6:10PM KINSTEL Employees Provident Fund Board (493,300 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (1,000,000 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (1,845,300 Shares Disposed) 6:09PM KINSTEL Employees Provident Fund Board (2,000,000 Shares Disposed) 6:09PM KINSTEL Employees Provident Fund Board (1,884,400 Shares Transacted) 6:09PM KINSTEL Employees Provident Fund Board (647,400 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (929,100 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (1,269,000 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (1,459,800 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (1,425,500 Shares Acquired) 6:09PM KINSTEL Employees Provident Fund Board (200,000 Shares Acquired) 6:08PM KINSTEL Employees Provident Fund Board (1,783,200 Shares Acquired) national hero comes to RESCUE? |
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Mar 4 2011, 04:38 PM
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#109
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QUOTE(GIG@Z @ Mar 4 2011, 04:21 PM) you can find the report on bursa websitehttp://www.bursamalaysia.com/website/bm/li...lding/index.jsp |
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Mar 4 2011, 05:02 PM
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#110
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Topic ClosedOptions
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