The fair value for this stock varies significantly. MIDF has a target price of RM1.32 as per its report in November 2011 (here) while OSK valued it at RM3.65 in May 2011 (here). I believe that the company is worth more than RM2.00 and as such, the stock is an attractive stock to consider for a recovery play.
If Puncak can break above the RM1.33 level, it could be a trading BUY.
Chart: Puncak's daily chart as at Jan 27, 2012_12.00pm (Source: Quickcharts)
6 comments:
Hi Alex,
Is Cypark a similar case with Puncak?
Tx!
Dear Alex,
There are conflicting reports by various research house about Axiata.
One says it is very rosy, the other said otherwise.
Now that it has drifted to 4.7X, what is your opinion wrt short/medium term?
Hi Alex, what is your opinion on Marco and it's warrant Marco-WA? The company profits have been increasing steadily. Thanks.
Thanks for your post on Puncak. Small player make small ang pow.
thanks alex, bought today at RM1.33 before it shot all the way up. Cheers! Sold on the same day as well
Thanks Alex for sharing Puncak Niaga & GENM. Very good call. Cheers!
Post a Comment