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cherroy
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Jan 23 2008, 03:59 PM
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20k VIP Club
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QUOTE(jimmyttl @ Jan 23 2008, 03:48 PM) I'm using Maybank to do my trading and both Kinsteel and Liondiv has been on my radar for quite some time. As of today 23/1/08, Kinsteel has an EPS of 316.06 and a PE ratio of 0.42 Liondiv has an EPS of 85.23 and a PE ratio of 1.87 Is there something wrong with the historical datas of Maybank system or Kinsteel is indeed trading far below its true value. Any comments on these 2 stocks guys? Both counters have signficant share splitting which is not taking account into, I believe. So check back their share split history which just happened recently ago. A lot of website especially those newspaper one fail to update frequently. This post has been edited by cherroy: Jan 23 2008, 04:00 PM
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cherroy
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Jan 23 2008, 04:14 PM
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QUOTE(jimmyttl @ Jan 23 2008, 04:07 PM) Read bout the shares split and division for both stocks some where. Guess Maybank's eps and PE ratio is not that reliable after all. This is 1 thing I hate about Maybank, inefficiency. GLCs mah can't expect more, no offence, even newspaper also the same, better do your own study or through some professional brokers site of dedicated investment service provider. Market is actually quite efficient, a stock won't be trading at low insane PE as you mentioned (unless company is expected to make losses in the future). Market will correct themselves, as it is trading at too low (sometimes shares also can be traded at low price or below it value due to market sentiment or bearish mood) people will queue after it or better still taking it into private. If a company worth RM10, while share price is RM3.00 then rich investors can snap up the company at 3.00 and liquidify its asset, instantly make 7.00 out of it.
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cherroy
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Jan 23 2008, 04:34 PM
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QUOTE(jimmyttl @ Jan 23 2008, 04:23 PM) ah~ cherroy, mr moderator. You're always there explaining things to me, more than what I asked for. LoL. Am still a little hazy over stock markets in msia as I have been away for a few years den and those stock splits happened around mid oct and I thought I should give Maybank the benefit of doubt this time around. But still, I just wanna clarify it with you guys regarding the current PE ratio and EPS for both stocks, better be sure, after all it is my hard earned monies. Man~ I just couldn't believe Maybank is still showing me the PE and EPS before the shares split. Kinsteel lastest earning on 31/9/2007 (quarterly) reported was 4.50 cents. For LionDiv on 31/9/2007 (Q) was 5.75. PS: I take no responsible if the data is wrong. But remember Parkson is no longer under LionDiv as it had distributed all its stake to its shareholders. PE ratio need to calculate yourself as it is changing everyday due to the price movement. Hope this will help. This post has been edited by cherroy: Jan 23 2008, 04:35 PM
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cherroy
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Jan 23 2008, 04:52 PM
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20k VIP Club
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QUOTE(jimmyttl @ Jan 23 2008, 04:38 PM) cherroy, I'll just chuck maybank's data aside and rely on external sources next time around. beginner, do they usually state number of outstanding shares circulating in their quarterly report? If not where do you think I can get a reliable figure to be used in EPS's calculation? Sometimes, forum here provide more information as well, haha,  thanks to our fellow forumers that contributed one. Should be, even some online trading portal provide most information regarding individual company. KLSE website also got. Check pinned section of the 'useful link' thread, there are some useful website to refer. Cheers
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