
Wise ppl views d same /p>
1)SCOMIMR has been beaten down due to her mother: SCOMI’s right issues. Unclepicks takes the opportunity to collect more
2)SCOMIMR quarter results posted yesterday. Let me explain this in layman’s terms.
Look at the quarter report:NTA -> Company Asset -> all the way up 1.22 to 1.40 -> larger company now compared to 3 years agoQuarter repot -> Profit -> Improving 1.45 to 3.48 -> making more $$$ now compared to 3 years agoRevenue -> Total Sold Products -> Sustainable -
> business as usual for the last 3 years
Look at the 5 years earning results:SCOMIMR has nothing change, but improving.Let’s do a simple math. Let’s target in the next 5 years, what will be the price for SCOMIMR?We can simply take the highest minus the lowest from the past 5 years chart (2.7 + 0.3) /2 = RM 1.50
Well, the above is just a quick scan through for a potential good stock. :=)
Uncle picks calculated the Target Price, and the answer is RM1.00
Unless she down below 0.38 , otherwise wait until 30/12/09 or 2 /1/10 ^_-
Let remind u guys once gain , still remember my ytl-wb @0.52 3 years ago ? I bot in 220lots @ cost of 0.52, after that she down 2 0.38 within a month , >20K paper loss inccurred ! if I hv no patience n holding power , I would hv gone holland long long time ago, I will never gain > 150K from it if I 4low ppl 2 chop below 0.40.
Let take a look @ other second liners, stocks like cscsteel, salcon, etitech ( down from 0.90 to 0.46), lcl ( from 0.95 to 0.32 ) , gpacket (from 1.75 to 1.10 ) all down from sky lately , when rain comes , all will get wet ! not only scomimr ! Take another look @ its dividend yield 4 scomimr over d years , average dividend yield stood ard 4%+- , same as FD ! worst come 2 worst take it as FD lol ^_-
We r lucky 2 owns scomimr which latest result is showing flying result , if u bot stocks like lcl or gpacket..ha ha may god bless u ! take a look @ their latest qe , smell like shit !
Lastly, I will be away 4 holidays start from 2molo, c u guys after christmas ^_-
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