I think I'm ready for Homer

What price?

same boat 

but I think TP 1.60 is quite high...  

Baru got Homer's analysis report.

It expects double digit growth.... (Gark's post this morning)

- Expecting double-digit revenue growth. The group recorded a strong revenue growth of 43% YoY (to RM35.6m) in 1Q14, thanks to a better economics of scale and stronger US dollar. Despite the strong revenue growth in 1Q14, we are merely targeting its revenue to climb at a conservative 10% YoY growth in FY14 due to its low earnings visibility. We believe the recovery of the European region economy as well as better economics of scale will be the key drivers to its top-line growth in FY14. Coupled with the sustainable margins, net profit is expected to record at RM16.7m (10.6% YoY).

But  then....

- Not rated with a fair value of RM0.83, based on a targeted 10.0x FY14 PER (which is in line with the group’s historical 5-year average PER and a discount to small cap average Fwd. PER of 11.6x). Meanwhile, we also estimate the Group to pay out 50.0% of its net profit to shareholders, which will translate into a DPS of 2.5 sen or 3.1% yield.

Contradicted itself... by saying 10.x fy14 PER and it uses an estimated EPS of 8.4 sen.



The problem?

Homer's TTM EPS is already 9.05 sen!

Double digit growth but the EPS instead of showing growth showed decline pulak!

   
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Ceh

If worry, I should worry first, cos my cost at 0.79

add more? 
my 1st batch @ 0.73
my 2nd batch @ 0.79

now aiming third batch 

Support my counters

APM | APOLLO | AXREIT | DIGI | DLADY | HOMERIZ | IGBREIT | LAFMSIA | MAGNUM | MAYBANK | NESTLE | SCIENTX | TIENWAH

My choice if I was an active trader?

I wait.

Come back see this stock after 2 months.

Whatever happens now, happens.
Whatever profits is forgone now, is gone...

just wait.... I think I would rather wait and see how the stock develops.
It could be really interesting in a few months time....

Stock investor mentality...

Buy a stock and then see it fly the next couple of days...

"Wah, I got it right! Hoseh liao!"

On the other hand...

"Why I didn't buy more that day? Now fly up jor...when can buy more?"



Homer...come back to earth...Mars is very dangerous

if u gave up the chance to buy at 0.80, don't when Homer fly to Ah Boon's Holland TP...1.60

100% capital gain yo

it should move again come the next quarterly announcement

Search and read back thread.. boon and gark had some recent analysis on it when it started dropping

It's under V3 thread

.... like this also can let you dig out ......

Homer come back to earth pls...