Tuesday, July 27, 2010

转载 - ASTINO

这一颗珍珠,由论坛一位仁兄 (应该是内行人)极力推荐。可是,相信人气不及某些被热捧的前辈,所以好贴好股,最终还是石沉大海。我就检个现成的,直接用他详细的功课来做个纪录。






会看上Astino的原因主要:
1. 便宜.简单.容易.必需品.
2. 管理层在次货表现很好.
3. 有不錯的股息记彔.债务減少良好.
4. 掌控awning市场的60%以上.
5. 业務持继成長.
6. 有CSC做后盾.
7. 零售市场做得很成功,成本转价能力強.

今天,the Accounts & Finance Manager of the Company, Ms Chua Phaik See, has on 21st July 2010 disposed off 10,000 ordinary shares of RM0.50 each at RM0.68 each. The balance of shareholdings after disposal is 73,200 ordinary shares of RM0.50 each.
Dated this 22nd day of July 2010.

我的看法是,ESOS即就要过期,管理层忍不住开始把握这最后的机会,在股息除息前,和过期前开始分批出货.价格在62分以上就会出手了.
我相信过了这段期间股价就可以持穩,估计全年EPS 20sen, 67分的价格, nothing to be loss.

3 comments:

jitseng said...

Not very exciting as all the money tied up in invetories and debtors.Why not look at bonia as the have about 800 point of sales and 130 boutiques to expand their toplines.Recently declared 2.5 sen int div.Bal sheet in net cash.

Ohaiyo said...

I think is not fair to judge cash tied up in inventory & debtor with Bonia. They are different industry. If Bonia has high inventory, then we should worry, because their product cycle is short, design need to keep changing for competitive market. Furthermore, building material cost is much much higher than Bonia's products. If you compare to it's revenue, that looks more reasonable. And, PE.

Martin said...

哈哈...Astino,便宜,值得,可是几时会起,沒有人知道,所以千万不要用>30%资金入手..我知道的是最近THE STAR有些扩厂的资料,包括蓄牧业建築材料和彭亨扩厂的计劃在年底都会完成.ESOS最后一天还生出5千多張票真的大出意料.以astino的行销网路,货销四方,尤其是政府工程和民间零售.我相信一定会回到rm1.20的价位的一天.