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1-7 of 7
12mths ended 31/Mar/08
Net profit -62.7%
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_243D3BF3050F80CB4825745500300896/$file/Keda-FY2008-Results.pdf?openelement
one of the most illiquid counters around. Not a single sell today.. PE is low and fundamentals seems ok. However, doesn't seems like its in accumulation. Real weird this one
anyone can enlighten me why this counter is not moving? although its based in china, it does not follow other china peers in share performance. is it due to its management? i noticed the low float and liquidity. could it be the reason?
I did some reseach on the stock. The current PE ratio is only 3.6 and it is trading close to NAV per share. Definitely a good buy! I would give it a fair value of 0.60 cents based on a PE ratio of 10.
increase in net profit is over-amplify since Keda is comparing a 15 mth FY07 results vs 12mth FY 06 results.. But PE is still low of less than 5 even after pro-rating the 15 mth results. Def undervalue based on FA and its future prospects.
wow, this stock is following china trend!
If it drops more i will be very interested!!
The Keda communications ( 5GU.SI ) doing the video communications and conferencing net works have done a sterling performance in 2006 . Net profit, slaes etc... increased by 100%! See the 28th May announcements! They ahve secured so many new projects associated with PRC state runs firms and going to achieve more better results in 2007. Now the time for grabbing theseccheap lot and still below 52 week high price. Sure can cheong!!!