Tuesday, September 07, 2010

Mudajaya - mother and daughters..

Isu ttg MudaJaya..samada crita surat layang ttg pemalsuan accounting betul atau x...khabar2 angin sebut SC dah selesai siasat dan the news is good..hopefully everything akn back to normal..dan price akn pick up ke level asal sblm kejatuhan MudaJaya...

TA wise, u-turn dikesan bermula slps pertengahan ogos...overall, MudaJaya dijangka bullish wlu pun dlm mood raya (dan slps raya)...brokerhouse CIMB bagi TP rm7 lebih..aku punya valuation minimum rm 6...

1H eps = 25.59 sen..tgt 2H minimum 20 sen...so about 45 sen..stock value at PE10 = 4.50 minimum...but..having given mudajaya a discount of its EPS!...sektor construction biasanya Pe lebih tinggi..so let's assume PE12 dan pd discount = 5.47 minimum..

dgn lihat growth revenue, profit, eps dan NAPS...rsnya tgt rm 6 adalah logik...but kena byk sabar dan masuk bpringkat...

pagi ni decided beli MudaJaya CB..sbb nmpk potensi lebih baik banding CA...190 days to go (a lot of safety)...Queue 1st batch dulu 0.075 sama cam tutup smlm..looks like about to u-turn soon..mgkn after raya??? klu jatuh..akn average down

ready for 2nd batch kat harga lebih rendah...area 0.06 (just in case)...in short...

mother 4.50 = CB 0.07
mother 6.00??? = CB 0.10 possible????..i think so...so, wish me luck...

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