Saturday, May 23, 2009

Buy In Leader (Recormanded by Uncle SAM)




For last week review, I had brought in 100 lots of Leader with avg. price of 0.66, quite high huh ^V^! Reason: low PE (oni 3.+) and looking forward to the company future.

From the latest Quarter report for year 2008, overall this company still making profit (business for wire and cable drop but compensated by the growth of power energy business). In term of cash and debt, the current ratio had improved, overall is in health position.

As per future earning, They have quite some project on-going for the wire and cable division, i would expect the profit contribution from W&C will recover soon as there are a lots of project announced by gov lately. For Power Energy division, it also give a positive sign where the main contribution from Cambodia project will expect to keep on making profit for her. Another division which is the properties, hmm.. it still new for leader in this sector, so not much to be expected from it, some more it is not the experties for Leader. Haha..

Over all for me, Leader is a 中规中矩 company, she involve in various of sector and this maybe not so good for her.I'm not expecting her to become the spot in KLCI, but in terms of her financial, she really not bad in taking care of it and selecting her is only because i have no others cheap counter to buy which will be mainly benefited by those project announced by gov recently. haha... more of it is because unker SAM... Pai Seh la, as a small engineer, i have no time to look into KLSE to find potential stock, with unker SAM's recommendation and i will do my homework to verify it.. haha, wanna call me “跟尾狗”?

Regarding AXIATA, i had solded 10 lots at the price of 2.46, will sold along the rise.. let see how far she can go in short terms.

http://www.leaderuniversal.com/biz_activities/prime_undertakings.asp

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