I believe some people who bought into malton will ask, why this stock keep going down for the past 2 months from 0.73 to 0.585.
fundamental, this stock looks ok with eps 20, pe, 3.4 and nta of around rm 1.20 and lastly, outstanding shares of only 418 million shares.
i believe this stock is facing some selldown by some major shareholders, who knows.
with this kind of trading activity, which witnessed by low volume and depreciating share price, the sell down will continue.
Tuesday, 10 April 2012
Wednesday, 16 November 2011
TAGB - 4 BILLION OUTSTANDING SHARES
at the time i write this blog, TAGB/5158 had surged to 0.330. to me, this is purely insider trade with trading volune of 36k lots just to push up 7 percents gain.
as i mentioned, TAGB, they still need experience and better CEO in managing the property company in klang valley. they are too many competitions in klang valley.
in addition, they have limited landbank, with the most prominent is Damansara Avenue and 1 acre land nearby Ampang.
they are not aggresively acquire any land in iskandar johore nor penang. obviously, to better enhance the company profits, a property company needs to be courage enough to explore johore and penang in order to stay fit and competitive among similar sector.
why i don't like this piece of rubbish ? the answer is, the huge number of outstanding shares, which stand at 1.4 billion market cap.
remember, this is a counter that debut listing at 0.50 and end up with 0.33 as for today.
as i mentioned, TAGB, they still need experience and better CEO in managing the property company in klang valley. they are too many competitions in klang valley.
in addition, they have limited landbank, with the most prominent is Damansara Avenue and 1 acre land nearby Ampang.
they are not aggresively acquire any land in iskandar johore nor penang. obviously, to better enhance the company profits, a property company needs to be courage enough to explore johore and penang in order to stay fit and competitive among similar sector.
why i don't like this piece of rubbish ? the answer is, the huge number of outstanding shares, which stand at 1.4 billion market cap.
remember, this is a counter that debut listing at 0.50 and end up with 0.33 as for today.
Tuesday, 15 November 2011
penny stocks - surging without fundamental
Lately, penny counter, such as HARVEST ( i had never heard of for the past 10 years ) surge to near RM 1.90 from less than 0.100. besides this, DPS, TIGER, where all these company were making loss during pass quarters. Yet, all these company surge like there is no tomorrow.
whenever you buy a stock or counter in malaysia share market, the most important things are to understand that particular company in fundamentals follow by the technical trend.
when we talk about fundamentals, we always focus on -
1. outstanding shares.
outstanding shares will roughly tell us how diluted the shares, how high the demand from investors. one particular example is TAGB. 4 billion outstanding shares. the price hardly move since listing. thus, i will give this type of counter as rubbish.
2. EPS.
EARNING PER SHARE is very important in analysing the company profits. of course, with higher eps, that mean the particular stock is better. we always want to invest in a company that making profits. one prticular good company with good EPS is COASTAL, with a whooping number of 55.43.
3. PER
price earning ratio reflect how high we willing to pay for particular stock. in contrary to EPS, we prefer a lower PER.
4. BUSINESS NATURE.
I had always prefer businesses which specialised in oil and gas, properties, construction, shipping and consumers products.
i had never bought any counter that doing electrical such as unisem, IT, such EAH, complicated consumers products with typical mindset management such as BJCORP.
whenever you buy a stock or counter in malaysia share market, the most important things are to understand that particular company in fundamentals follow by the technical trend.
when we talk about fundamentals, we always focus on -
1. outstanding shares.
outstanding shares will roughly tell us how diluted the shares, how high the demand from investors. one particular example is TAGB. 4 billion outstanding shares. the price hardly move since listing. thus, i will give this type of counter as rubbish.
2. EPS.
EARNING PER SHARE is very important in analysing the company profits. of course, with higher eps, that mean the particular stock is better. we always want to invest in a company that making profits. one prticular good company with good EPS is COASTAL, with a whooping number of 55.43.
3. PER
price earning ratio reflect how high we willing to pay for particular stock. in contrary to EPS, we prefer a lower PER.
4. BUSINESS NATURE.
I had always prefer businesses which specialised in oil and gas, properties, construction, shipping and consumers products.
i had never bought any counter that doing electrical such as unisem, IT, such EAH, complicated consumers products with typical mindset management such as BJCORP.
Subscribe to:
Posts (Atom)