tag:blogger.com,1999:blog-29462482.post1895759003910894399..comments2023-10-17T15:46:53.662+08:00Comments on nexttrade: Econbhd: A Good Specialist Construction StockAlex Luhttp://www.blogger.com/profile/08920196030603399063noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-29462482.post-40821903460767897712016-06-14T08:31:46.450+08:002016-06-14T08:31:46.450+08:00Hi martinkakashi
My take on the following stocks...Hi martinkakashi<br /><br /><br />My take on the following stocks:<br />1) Armada<br /><br />It has found a temporary bottom (at the very least) at RM0.70. It is likely to trade sideways from here. I don't rule out short rallies from time to time. These rallies would however be capped at RM0.90-0.95.<br /><br />Despite the recovery in crude oil prices, the massive investment in assets in this sector could be a continuous drag on margins for a long while. I believe Maybulk may be a model to follow when we look at O&G stocks that have over-invested in equipment or vessels. Chartering rate would be substantially lower than what they were in the heydays. Liquidation is not an attractive option as these assets value would be substantially lower than their cost. It's going to be a slow grind.<br /><br />2) GHL System<br /><br />It may continue to trade sideways for a while. On weakness, it may find support at RM0.70-0.75. <br /><br />This company depends on consumer spending which is weak currently. When the economy picks up, its earnings should improve and the share price may recover.Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-44904111298228986782016-06-13T21:09:01.436+08:002016-06-13T21:09:01.436+08:00Hi Alex,
Would like to know what is your comment ...Hi Alex,<br /><br />Would like to know what is your comment on Armada (during the recent acquisition by AMANAHRAYA TRUSTEES BERHAD) and GHL System ?<br /><br /><br />Thanks a lot !!<br />martinkakashihttps://www.blogger.com/profile/05243206089899264436noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-25680965434265921332016-06-13T08:55:25.928+08:002016-06-13T08:55:25.928+08:00Hi luckystock2
Malton is a profitable property in...Hi luckystock2<br /><br />Malton is a profitable property investment company. Its profit peaked in FY2011 and rolled back over the past 4 years. At the price of RM0.675, Malton is trading at a PER of 9.5x based on last 4 quarters' EPS of 7.11 sen. While PER is nothing to shout about, the stock is trading at an attractive price to book of 0.42x (based on NTA of RM1.59 ps as at 31/3/2016).<br /><br />Malton is struggling to hold onto its long-term uptrend line support at RM0.65-0.67. If it goes below this uptrend line, it may test its horizontal support at RM0.60 & RM0.50. On the other hand, if earnings starts to roll in, the stock can stage a rebound from the uptrend line.<br /><br />My reading of Malton is neutral. The share price has declined sufficiently to attract some buying. Alex Luhttps://www.blogger.com/profile/08920196030603399063noreply@blogger.comtag:blogger.com,1999:blog-29462482.post-68326633091360061812016-06-10T16:32:54.477+08:002016-06-10T16:32:54.477+08:00Hi Alex ,
Can you please comment on Malton fundame...Hi Alex ,<br />Can you please comment on Malton fundamental outlook ?<br />Many thanks !luckystock2https://www.blogger.com/profile/10122865109070725503noreply@blogger.com