Enter YTL... Just give me a reason just a little bit... ^_^

 

 

Late post, enter a little bit of YTL Corp last week @1.61. this is a recormended counter by other blogger, but by the time i'm ready to enter (review, velidate, and fund alocation), it had increased ~7% from the proposing enter price from the blog, obviously the one who make call is entering at the right time while i'm enter at so call bit late after rebounce from 52 week low. :)

YTL PE are at ~11 based on latest quarter EPS calculation at the time i enter, this is violating my normal counter picking for PE below 10, so the reason for me to enter is blue chip and 52week low share price. From the point i enter, it had bounced 7% from bottom, well, it should be a safe place from my point of view, why? i'm looking at YTL at PE 15 which translate to ~RM2 price, this is ~25% return and i think 15 PE is fare for YTL. My cash ratio to YTL is also pretty low, just to get some pocket money from it :)

Ok, some other counter that i'm eyeing and doing some homework, they are SUNREIT and UMWOG.

SUNREIT is not those kind of stock that you can get return from the share price in short period but rather the DIV, this counter have DIV yield ~6%, well, not the best amoung other company in this sector but if you look at the property under this company, they are mainly shopping mall, the rental are relatively more stable. so i'm looking at a right timeing to enter.

UMWOG is an IPO counter on 1/11. well well, the ONG counter always come with higher price, since it was just launched, i will wait for couple of week to see the situation after market is stable. TP below RM3.. :)