Tuesday, July 20, 2010

KFIMA

Moving slowly with tight volume.
Pending financial result to be released end of next month ( 1 month from now), I think now is the right time to accumulate for those who miss below RM1.00 level.
Target Price?
EPS= RM0.18 , PE = 7 x to 8 X ..Fair Value = RM1.26 to RM1.44 ( 20%-40% upside compared to limited downside risk of around 10%. Good Buy.

Tuesday, July 13, 2010

COCOLAND (7205)

Time to cash out. Two months provide 42% return ( refer post dated 13-5-2010 ).
Exceeded my fair value. If the price continue to move further, let it be and find another good counter for next 3-6 months investment.

KFIMA (stock code:6491) - will be my next counter.
Price hold well at RM0.93-0.94 level. Start to accumulate.