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Jaya Hldg trading vol up?
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pharoah88
Supreme |
26-May-2009 12:43
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Jaya Holding has been consistently profitable for years and YET was below its NAV of S$0.541. Java Holding is one of few Value businesses with Share Price below NAV for was some time. It is a matter of TIME that Value businesses with Share Price below NAV will SOAR. Refer to Share Invest (353), at one time (Mar-Apr 2009) it had a SUPER YIELD of 59.1% |
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jeremyow
Senior |
26-May-2009 12:33
Yells: "Passionate business investor" |
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Haha......I think people start to realise the intrinsic value of this company already.......Previously, because of the offshore and marine sector not doing well, it's stock price was battered too far lower than it's intrinsic value. Because of sentiments, it's share price was misjudged. Now, it is realising back it's estimated intrinsic value of around $0.60 range. It's EPS has been doing well (excluding year 2008 when most businesses' earnings are affected). Shareholders' ROE has been consistently high. This shows the business is not a bad business afterall if it can maintain EPS growth and it's ROE consistently. It's dividend yield before this economic crisis has been consistently attractive too. If the O&M industry is improving soon, their business will continue to become much profitable again. So, this black horse maybe returning on scene again? |
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beidou
Member |
26-May-2009 12:11
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Anyone knows the reason why the sudden increase in trading vol of Jaya Hldg today? Thks. |
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