TWS...TP15.00 call by Alex

haha..tq very much alex..for promoting TWS....will be a windfall for me i hope....surprisingly i got in earlier...before Alex made this call...

check out Alex's call on TWS ~> http://nexttrade.blogspot.com/2011/02/tws-another-unbelievable-quarter.html

...I am proud too..bcos earlier alredi gave minimum TP and max TP...long time even before Alex made this call...seems like Alex is following me...haha..just joking la...anyway, sapa la kita ni...just seekor ikan bilis di laut dalam....

here my previous call on TWS ~> http://investorsplanet.blogspot.com/2011/01/pre-cny-portfolio.html

my only wish is that...hopefully the TP will be achieved between April to May 2011....but sooner is better la...why? becos i expected funds to push market down afterwards (in 2nd half)...

having said that...i am reviewing my TWS call...

basing on 4qtr result for FY2010...TWS eps stands at about 165 sen...so Fair Value at PE10 should be rm16.50...give about 20% further discount...so minimum TP should be around rm13.20...simple math...TWS must achieved this minimum TP within 3 months time...or else...downturn next...

next hurdle is at rm9.00...if broken...then next is rm10.00...TWS is very quick and nimble due to a very low number of shares floating amongst retailer investors...so dont be surprise when seeing fast up and fast down...

now, i know a lot of investors are worried about TWS debts...i would bring to arguement 2 points...

1. a good loan by a good business and well managed ~> good for investors...
2. a loan being serviced by improving revenue, profit and eps ~> good for investors...

plus points for TWS...
1. crude oil up = palm oil up = food up = TWS up...
2. crude oil up = inflation up = food up = TWS up....

...if my call is wrong...then i am wrong...no hearts feeling...