Chart: Penergy's daily chart as at June 14, 2012_9.30am (Source: Quickcharts)
For QE31/3/2012, Penergy reported a net profit of RM7.2 million on a revenue of RM131 million. Based on annualized EPS of 13.4 sen & present price of RM1.34, Penergy is trading at a PE of 10 times.
Based on technical consideration, Penergy could be a good trading BUY. You may buy when the share price eased back to the RM1.25-1.30 level.
5 comments:
//off topic
Hey Alex, heard your interview on BFM89.9 yesterday. Great job there! Do u interview for BFM every now and then?
Hi Alex
What is your advise buy or don't buy zhulian at this period of eurozone crisis ?
Hi alex,
How u c Perdana ?
TQ
Hi Andy Lau
Perdana broke above its downtrend line at RM0.54 as well as the horizontal line at RM0.55. It is now testing horizontal line at RM0.65. I think it could be a trading BUY on pullback to RM0.55-0.60.
Zhulian is still trying to break above the RM2.00 mark. If it can do so, it may rally. Its PE is quite attractive at 8 times.
Hi Investor
Yes, I had been interviewed by BFM89.9 on its Market Watch program on a few occasions. It is a good experience but I am worried that I might slip up & say something bad. So far, so good. Thanks to my Toastmasters training.
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