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Crest Builder, Building Good Towers
TSBonescythe
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Aug 15 2013, 12:44 PM, updated 10y ago
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Was looking and lurking around, and found out that Cresbld is really not too bad to be mentioned for a bit. Low PER at 5.3 Good steady profit with increasing revenue Healthy book order Steady dividend at 5 cents. Shud be able to huat
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SKY 1809
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Aug 15 2013, 01:13 PM
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QUOTE(Bonescythe @ Aug 15 2013, 12:44 PM) Was looking and lurking around, and found out that Cresbld is really not too bad to be mentioned for a bit. Low PER at 5.3 Good steady profit with increasing revenue Healthy book order Steady dividend at 5 cents. Shud be able to huat Nice
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Icehart
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Aug 15 2013, 01:19 PM
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Good search bone gor
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TSBonescythe
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Aug 15 2013, 01:20 PM
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QUOTE(SKY 1809 @ Aug 15 2013, 01:13 PM) Nice Need to pour some hot money in it already
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wil-i-am
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Aug 15 2013, 01:48 PM
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Current price of RM1.33 is below NA of RM2.28 Trade at 0.58 of PBV (attractive) BUT high gearing : total bank loans of RM334 mil -vs- RM315 mil shareholders funds
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TSBonescythe
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Aug 15 2013, 05:47 PM
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QUOTE(wil-i-am @ Aug 15 2013, 01:48 PM) Current price of RM1.33 is below NA of RM2.28 Trade at 0.58 of PBV (attractive) BUT high gearing : total bank loans of RM334 mil -vs- RM315 mil shareholders funds Yea. Company high gearing but utilise properly is good. If high gearing n bad result then is bad leverage. Now they are on good leverage. A company 334m loan against 1000m shareholders fund and 300m shareholders fund.. not much different if company is good n well performing.
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wil-i-am
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Aug 15 2013, 06:11 PM
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QUOTE(Bonescythe @ Aug 15 2013, 05:47 PM) Yea. Company high gearing but utilise properly is good. If high gearing n bad result then is bad leverage. Now they are on good leverage. A company 334m loan against 1000m shareholders fund and 300m shareholders fund.. not much different if company is good n well performing. Your stmt sounds logic But investor don't share the same view coz the risk of default is high. Worst case may trigger PN1 If u r keen, need to find out the nature of their borrowings from AR
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TSBonescythe
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Aug 15 2013, 06:28 PM
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QUOTE(wil-i-am @ Aug 15 2013, 06:11 PM) Your stmt sounds logic But investor don't share the same view coz the risk of default is high. Worst case may trigger PN1 If u r keen, need to find out the nature of their borrowings from AR Borrowing is a double edged sword just like warrants. If the borrowings are utilize properly, it is a great asset and great financial leveraging tool. Dun think Cresbld will default as they are progressing well in all their projects. Revenue is good n their management is good in cost control. Been giving dividend in a consistent manner, chance of default is low.
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kalandra
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Aug 15 2013, 06:31 PM
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Bone so geng, 12.30pm post on blog, 2.30pm got people goreng it. Hiked up already.
This post has been edited by kalandra: Aug 15 2013, 06:32 PM
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TSBonescythe
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Aug 15 2013, 06:36 PM
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Ok ma. Got 2hrs for u guys to decide whether in or out mah
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kueyteowlou
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Aug 15 2013, 07:46 PM
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good spotting.
I have a good feeling with it.
RM2 is too little for this company.
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TSBonescythe
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Aug 15 2013, 08:16 PM
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QUOTE(kueyteowlou @ Aug 15 2013, 07:46 PM) good spotting. I have a good feeling with it. RM2 is too little for this company. Rm2 ah?? Macam char Kuey tiow oo
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ctrl_alt_del
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Aug 15 2013, 08:21 PM
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Today hentam mother, tomorrow hentam daughter CRESBLD-WB...hehehe
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kueyteowlou
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Aug 15 2013, 09:22 PM
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QUOTE(Bonescythe @ Aug 15 2013, 08:16 PM) Rm2 ah?? Macam char Kuey tiow oo must have good dream .. only can achieve this price mah...
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TSBonescythe
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Aug 15 2013, 10:18 PM
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QUOTE(kueyteowlou @ Aug 15 2013, 09:22 PM) must have good dream .. only can achieve this price mah... Tomorrow morning I will have char kuey tiow as breakfast. Lunch n dinner also char kuey tiow.
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TSBonescythe
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Aug 15 2013, 10:20 PM
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QUOTE(ctrl_alt_del @ Aug 15 2013, 08:21 PM) Today hentam mother, tomorrow hentam daughter CRESBLD-WB...hehehe Why not 2 together. Double winning. You need any facilities in leveraging? Like 500k credit limit ?
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ctrl_alt_del
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Aug 15 2013, 10:45 PM
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QUOTE(Bonescythe @ Aug 15 2013, 10:20 PM) Why not 2 together. Double winning. You need any facilities in leveraging? Like 500k credit limit ? hahah...for any trades i will only use cash account.
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TSBonescythe
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Aug 15 2013, 11:25 PM
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QUOTE(ctrl_alt_del @ Aug 15 2013, 10:45 PM) hahah...for any trades i will only use cash account. Come la.. You must leverage like CresBld.. Borrow a lot and use the money to make money
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ctrl_alt_del
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Aug 15 2013, 11:47 PM
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QUOTE(Bonescythe @ Aug 15 2013, 11:25 PM) Come la.. You must leverage like CresBld.. Borrow a lot and use the money to make money Leverage not suitable for ikan bilis wor.... Only good for manipulator.
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Pan84
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Aug 16 2013, 12:03 AM
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I heard someone said char kuey tiow. want to eat my version of char kuey tiow
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