Faber:
It is time to do some mathematics here. This company announce its financial report on 19 November 2012 and special dividend on the same day. As we can see from the financial report. EPS increased significantly and the NTA stood at RM 1.40. Its accumulative EPS shoots to 15. 1 cents!
Its special dividen is 20 cents ( 25% less income tax = nett of 15 cents)
Well, if we take a look at its chart on 19 November... it stayed at RM 1.38 . If we add 20 cents (special dividend ) , it should be RM 1. 58 , right? This is the most beautiful part! the next day , the stock fluctuate at RM 1. 46 - RM 1.52. If you able to catch it and sold in later at around RM 1.58, you will definitely gain even before the Ex date for the special dividend.
For example, this is what i had DONE.. with around 4% gain in 2 days time. But .. BUT....
The magic of this mathematics are ...
- Faber is strong in Fundamental, EPS 16 cents giving a PE of 9 ++ and consistent dividends at 5 % every years.
- Its EPS improved significantly compare to previous years, thanks to the property division of the company.
- Not to forget the likelihood of the extension of the contract with Health Ministry, Malaysia ( Monopoly Business) which contributes to the sustaining growth of the company!
- Well, if you have the holding powers, it is a 3 * stock.
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