CSC is an undervalue stock traded at RM1.05, offered slightly above it's par value of RM1.00.
It is well managed & cash rich STEEL counter; It is profit making company even in 1st Qtr 2009, when almost ALL Steel Counter register LOSSES.
Now we have seen the global economy started to recover, steel price & demand already increased at least 20% from it's low, CSC will definite deliver BIG PROFITS in it's coming 2nd-3rd Qtr results.
Now you only pay RM1.05 for a stock that offer at par value, get expose to Steel Sector to enjoy the uptrend in steel price, plus a CASH RICH & WELL MANAGED company.
IT IS SLOW, BUT SURELY DELIVER! ANOTHER LOW RISK HIGH RETURN COUNTER
(Picture: Penang Georgetown)
4 comments:
what price until the share reaches that we should not buy?
how to invest in stock? can you tell me where to get information on how to buy stock? thanks
For any serious investor, read investing books b4 you go in share mkt.
The Intelligent Investor, by Benjamin Graham is a must.
AND
Any books on 'Warren Buffett'
If you want to be the winner in shares market, you have to be a 'serious investor'
Good Luck!
i am a student studying at university, i do not know the way to buy share. can you give opinions like which bank that can be used to buy shares? and all the charges and commissions that exists?
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