Wednesday, July 27, 2011

TDM ( stock code:2054) - share price RM3.18

Share price moving steadily since last call on 19-7-2011 (RM3.05).
Buy before you will regret to miss another good stuff that can provide potential return of atleast 10% and above during market with a lot uncertainty like now.

Refer to post dated on 19-7-2011 for some information that can help you to make investment decision.

Thursday, July 21, 2011

THPLANT (5112) SHARE PRICE -RM2.10

TH Plantation posts higher Q2 pre-tax profit


TH Plantations Bhd (THP) pre-tax profit for the second quarter ended June 30, 2011 surged to RM54.24 million from RM12.54 million in the same period last year.

Revenue jumped to RM112.71 million from RM76 million previously due to higher commodity prices for crude palm oil, palm kernel and fresh fruit bunches, it said in a filing to Bursa Malaysia today.

For the six-month period ended June 30, 2011, pre-tax profit rose to RM84.91 million from RM39.74 million in the same period last year. Revenue increased to RM187.76 million from RM153.21 million previously.

"This (higher profit) was also mainly due to higher commodity prices and higher gross profit margin," it said.


THP said notwithstanding the volatility of the commodity prices, the company was optimistic of sustaining its current satisfactory performance. -- Bernama
_________________________________________________________________

The estimated 2011 EPS = 26 sen.
Based on PER 10x = RM2.60. PER 12x = RM3.12

ACCUMULATE AT THIS LEVEL. POTENTIAL UPSIDE OF 23%-47%. For those investor looking for min investment return of 20% can consider THPLANT.

GOOD LUCK!

AFG.Target Price RM3.60? OR RM4.60?

If Temasek want to dispose AFG shareholding @ 2 X BV
BV = 2.16 x 2 = 4.32
BV = 2.30 x2 = 4.60

Anyway, my target price for AFG should ranging from 3.80-4.20 level.

GOOD LUCK!

Tuesday, July 19, 2011

TDM (Stock code 2054)- shares price RM3.05

TDM = Plantation + Health Care = STABLE + SOLID BUSINESS.

Salient points:
1. Healthy balance sheet = net cash position.
2. Strong earning = EPS of 48 sen.
3. Potential acquisition for additional hospital to broader its health care unit and enhance futures earning.
4. NTA = RM3.34.


Target Price = RM3.60 - RM4.00 based on PER of 7x to 8x forward earning.

KFIMA: SHARE PRICE RM1.82. CAN BUY?

Recent market down turn provide opportunity to accumulate KFIMA.

If the merger between FIMACORP and KFIMA materialised, then the valuation for KFIMA will be revised.

Estimated EPS = atleast 30 sen and potential future dividend will be atleast = 15 sen.

Target Price based on Dividend Yield of 6% = RM2.50
Target Price based on PER of 7X = RM2.10, PER of 8X = RM2.40

Focus on the target and work on your capital in hand to accumulate this counter!

Thursday, July 14, 2011

Tuesday, July 5, 2011

AFG.Target Price RM3.60?

AFG ( Stock Code 2488) : Alliance Financial Group:

EPS = 26.4 sen
PER = 12.19x
BV/Share = RM2.165
P/BV = 1.48X

IF AFG become the next target takeover /merger candidate, based on the existing BV/share and P/BV of 1.6x-1.8x, the share price may touch RM3.45 to RM3.90 ( potential 7.5%-14% upside)

Suitable for defensive investors who looking for safe investment.

GOOD LUCK !

KFIMA-6491 . SHARE PRICE CAN MOVE FURTHER?

Business merger between FIMACORP and KFIMA.

Target Price for KFIMA if share swap involved : RM2.10