QUOTE(andrekua2 @ Apr 5 2014, 12:01 PM)
Honestly, I was interested with Inari as well, but went with Insas. I was not prepared to give it a 15 PER given the dividend history. Besides I read an article about contracting margin which may well hit later in the year.
I was looking at 20-22cents FY2014 x PER 10, which does not give much room while its already at 1.8x
As for Insas, Im looking at 20-25cents FY2014 x PER 6 (no/low divident plus its an investment holding with no direct exposure), which is why I went in at 94cents despite being the resistance level, and end up staying there for a month before it finally fly.
Oh well, everyday learning... nothing is stagnant... market really have appetite for higher risk which I personally dont like.
If the growth maintains, 10x PER is too little la....I was looking at 20-22cents FY2014 x PER 10, which does not give much room while its already at 1.8x
As for Insas, Im looking at 20-25cents FY2014 x PER 6 (no/low divident plus its an investment holding with no direct exposure), which is why I went in at 94cents despite being the resistance level, and end up staying there for a month before it finally fly.
Oh well, everyday learning... nothing is stagnant... market really have appetite for higher risk which I personally dont like.
Which was what I argued about last Sept.
Based on current/trailing eps, Inari eps is 18 sen and a 15x pe is about 270.
But when you use current eps number, it implies no growth.
Adding in growth factor, a lower conservative eps should be about 20 sen and 15x would work out to my favorite number 3.
Which is about fairly valued.
So why are we talking about Inari and its charts?
LOL!
We are talking about cutting pisang.
Looking where to sell and not buy.
And you do know that the fortunes of Inari's stock price would impact Insas right?
Apr 5 2014, 12:14 PM

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