nuffnang

Tuesday, January 19, 2010

2010, day 12, cscstel summary



Today morning sapu cscstel 1.44. Another bad practise again, hahaha.

Heard some insider info...

Year 2009 is the biggest untung year since cscstel listed in bursa, the eps is estimate 0.23 sen,
their dividen policy is 50% net profit, so if year 2009 really hit eps 0.23, then we can get final dividen 11 sen.

9 month eps now is 14.48, dividen policy 50%, so we now get 7.2 sen dividen and still waiting for the year 2009 last quater report.

If 11sen dividen, calculate by my average price 1.41, i get 7.8% dividen yield, 3 times higher than FD 2.5% rate.

According to latest Quater report end september 30, 2009.
cash in hand stand at 253 million
Inventory 141 million

receivable 107 million

total borrowing only 13.7 million
payable 52.7 million


9 month operating cash flow = 103 million
investing cash flow = -3.1 million
financing cash flow = -29.5 million


This company got so much $$$ wor, so low debt. Net asset per share stand at RM 1.99, and today closing price is 1.46, the price so cheap, Nice huh ?

Their mother company is 台湾中钢 http://www.csc.com.tw/indexc.asp

TOP 3 shareholders :
1 CHINA STEEL ASIA PACIFIC HOLDINGS PTE LTD 171,000,000 45.82%
2 LEMBAGA TABUNG ANGKATAN TENTERA 38,077,700 10.20%
3 LEMBAGA TABUNG HAJI 28,782,100 7.71%

TOP 3 already total 63.73% , free float 22.96%.


Weekly chart









If break above long term down trend line around > 1.52, ho sei liao ?


中钢中钢,钱那么多,你们几时要分钱啊 。。。

today KLCI close 1300.35, another new high

No comments:

Post a Comment