Tuesday 4 June 2013

Fong Siling: Sapind


Master Fong Siling said, to choose a good stock, pick a stock with
1. High Dividend
2. Capital Appreciation / further growth of the company
3. Able to resist the drop in Stock market.

Among them, Sapura Industrial fulfill all these criteria.
But, due to its reduce EPS and poorer result last year ( which EPS of 18 cents for year 2012), its share price at discount to its fair value!

It had been linger around RM 1.3-1.5 for quite a long time. It is time for its recovery soon!
Reasons for Sapind:
1. PE < 10 , EPS 18 cents
2. Future growth ( given its strategic plan for expansion )
3. NTA RM 1.1
4. High dividend.
5. Currently at almost year low!
The 7th Biggest Share Holder! Master Fong! 

No comments:

Post a Comment