Even Lionind latest price at 1.60, it's still under value. It's NTA as at 31/12/06 is 3.11, it's EPS for latest half year is 0.23. It's earning is improving, we will see a big jump in it's NTA after the demerger excersice by Liondiv in mid 2007.
The financial performance for Ornasteel is good. EPS for year ended 31/12/06 is 0.19, NTA is 1.68. Dividend for year 2006 is 10 sen per share.
I'm bullish for Ornasteel and extremely bullish for Lionind.
1 comment:
Thanks for the portfolio.
When i get the time i will post my Singapore and US portfolio on
http://longtermequity.blogspot.com/
I own brk.b in the US and on sgx i own korea etf, STI ETF, sinwa, secondchance, bright world and food junction.
Please do not put real numbers for your own safety, if the numbers are large you may find yourself being hit upon by "friends" to "loan" them some money to pay off loan sharks etc. I think it is sufficient to put only percentages or divide real numbers by 10.
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