A Personal Finance Blog for Malaysian: Stock Pick: RSawit (5113)

Monday, October 31, 2011

Stock Pick: RSawit (5113)

I don't understand why the share price move up so much after the listing of Rights Share when the share price was so low before the issuance of Rights Shares.

Anyhow, I did make some profit from holding this for less than three months, have all sold by today.

Should anyone continue to buy RSAWIT at above RM1.40 (new 52W High today at RM1.43) as the Bonus issue of 1:1 will be ex by coming 9th November 2011. Lets wait and see.


LATEST QUARTER RESULTS






Rolling 4 Qtrs/
Segment
QUARTER ENDED02-201005-201008-201003-201106-2011
CURRENCYMYRMYRMYRMYRMYRMYR
Turnover ('000)*48,07741,75244,13774,39694,196254,481
Profit before Tax ('000)*9,7357,3056,92622,65532,83269,718
Net Profit ('000)*7,2055,4504,90815,67324,07350,104
EPS (cent/sen)**5.6104.2503.83010.01015.15030.633***
Source: equitiestracker.com




Disclaimer: This is a personal finance blog, reflecting my personal views. All information provided here, including recommendations (if any), should be treated for informational purposes only. The blog owner should not be held liable for any informational errors, incompleteness, or delays, or for any actions taken in connection on information contained herein.