Instacom

A stock of controversy :

Good points: 

• Financial result released on 27 November: good, eps 1.11 cents, giving the stock PE < 10 (http://www.bursamalaysia.com/market/listed-companies/company-announcements/1474313)
• Increase NTA to RM 0.23
• Currently at year low: RM 0.25 to RM 0.265 ( due to rumors? panic sell down after downgrade by RHB ? Major Shareholders sell down?)
• Future growth +++ especially the pending awards of contracts by Ministry.
• Business starts to turn around since last year June 2012 when the EPS increased handsomely from  0.01 cents to 1.11 cents!

Set backs:

• sell down by Major Share holders.
• downgrade by RHB research (http://klse.i3investor.com/blogs/rhb/42228.jsp)

By the way, RHB give a pro and cons of this company, it is worthwhile to read.

At the end of the day.... It is to decide whether to enter this company or not.

I would see this as an opportunity as the financial results are solid with the protected FUTURE GROWTH. 

What is your opinion?