I opened up my computer this morning, expecting some red numbers in my share investment. But I can not help to feel 'sinking and cold' when I actually saw the numbers. It was not only red, it was a huge fall! I checked what was happening to the share market on the news, and apparently market aslo crashed in America and China. I didn't really read the world news (and I ussually did too!) yesterday, as I was a bit busy looking at TGR and it's half yearly report.
Anyway, this morning the share price was just sooooo low, that I wish I have more fund to buy more! Industrea, IBA Health, Tassal Group are profitable company, and I still have a faith on them (not sure about Deep Yellow Ltd (DYL) though....). How come such profitable and good companies could be that cheap?? Well, no more monies, so I just have to sit and wait what is going to happen in the future... (sob!!)
All share in my portfolio were on alarming red. Deep Yellow was the worst, touched the bottom today at 0.335 (around 20% loss), and then IBA and IDL (at around 10% loss) and lastly TGR, who went down to 2.28 before it bounced back up to 2.38 (0.03 up).
IBA and IDL both have China connection. I hope things will not get worse...
Tassal Group Limited (TGR.ASX)
This morning I have decided to buy Tassal. A quick decision, as it was just yesterday I watched its share movement for the first time. I bought small amount of share at $2.29 per share (this will put me in my max investment monies). Just hope I made a good decision, otherwise my husband will go really mad at me :)
What make me attracted to Tassal?
1. I love fish, salmon is yumm!
2. Fundamentally, Tassal is quite solid.
3. Numbers wise, this is what they have got: (based on Aspect Financial)
4. Trend is upward
Tassal reported its half yearly report today. here's the summary of it:
Tassal Group Limited announces a strong net profit after tax of $13.03 million for the half year ended 31 December 2006 (up 117%).
The directors of Tassal have declared an interim unfranked dividend of 2.50 cents per share (payable on 30 April 2007).
Tassal’s short term focus remains on becoming more globally cost competitive in both its marine and processing environments, together with building sales in both domestic and regional Asian Markets.
Share price increased to $2.45 before it retraced back to $ 2.38 when I wrote this blog.
What make me attracted to Tassal?
1. I love fish, salmon is yumm!
2. Fundamentally, Tassal is quite solid.
3. Numbers wise, this is what they have got: (based on Aspect Financial)
Tassal Group Limited:
P/E Ratio : 18.37
Risk Rank : 3
Return on Equity: 13.00%
EPS 1 yr. Growth: 34.50%
Market cap (million): 268
value: 1 (highest)
P/E Ratio : 18.37
Risk Rank : 3
Return on Equity: 13.00%
EPS 1 yr. Growth: 34.50%
Market cap (million): 268
value: 1 (highest)
4. Trend is upward
Tassal reported its half yearly report today. here's the summary of it:
Tassal Group Limited announces a strong net profit after tax of $13.03 million for the half year ended 31 December 2006 (up 117%).
The directors of Tassal have declared an interim unfranked dividend of 2.50 cents per share (payable on 30 April 2007).
Tassal’s short term focus remains on becoming more globally cost competitive in both its marine and processing environments, together with building sales in both domestic and regional Asian Markets.
Share price increased to $2.45 before it retraced back to $ 2.38 when I wrote this blog.
SMY : Sally Malay Mining Limited
IN my quest of finding a good share to buy :), I come accross this share: Sally Malay Mining Limited (SMY). First, it reminded me of a cartoon show for kids on the TV, "Sally Mally and her pet Chuckdoor", but then at a closer look, this share certainly has a lot more to offer than its' name.
Fundamentally, according Aspect Financial, this is what it has got:
SMY
Sally Malay Mining Limited
P/E Ratio : 13.9
Risk Rank : 3
Return on Equity: 42.90%
EPS 1 yr. Growth: 66.00%
Market cap (million): 629
value: 1 (highest value) - it is valued at $10.97; current price $ 4.09
How about the trend and the movement of share price?
This share saw a 52 weeks low at $ 0.82 and trend is up and reached a peak at $4.09.
Short term trend is still bulish, according to Yahoo Finance. The fact that I saw this share at around $2 something just two weeks ago, make me want to kick myself. I thought it was already quite expensive, but then I saw it gaining just almost everyday in my watchlist!
Fundamentally, according Aspect Financial, this is what it has got:
SMY
Sally Malay Mining Limited
P/E Ratio : 13.9
Risk Rank : 3
Return on Equity: 42.90%
EPS 1 yr. Growth: 66.00%
Market cap (million): 629
value: 1 (highest value) - it is valued at $10.97; current price $ 4.09
How about the trend and the movement of share price?
This share saw a 52 weeks low at $ 0.82 and trend is up and reached a peak at $4.09.
Short term trend is still bulish, according to Yahoo Finance. The fact that I saw this share at around $2 something just two weeks ago, make me want to kick myself. I thought it was already quite expensive, but then I saw it gaining just almost everyday in my watchlist!
IBA Health Half Yearly Report
IBA Health Limited (ASX: IBA), Australia's largest eHealth company, today announced a profit after tax of $11.8 million for the half year to 31 December 2006, up 123 per cent from the 2005 equivalent half year. Revenue increased by 68 per cent to $36.3 million.
Directors have declared an unfranked interim dividend of 1 cent per share payable on 21 March 2007 to shareholders on the register at 7 March. This compares with an interim dividend of 0.5 cents per share unfranked in FY2006.The dividend reinvestment plan will apply, with shares issued at a discount of 5 per cent.
IBA is increasing its guidance for the year to 30 June 2007 of profit before tax and amortisation to $30.7 million (FY2006:$18.1million).Revenue is expected to be $75 million (FY2006: $59 million), and EBITDA is expected to be $32 million (FY2006: $18.95 million).
Directors have declared an unfranked interim dividend of 1 cent per share payable on 21 March 2007 to shareholders on the register at 7 March. This compares with an interim dividend of 0.5 cents per share unfranked in FY2006.The dividend reinvestment plan will apply, with shares issued at a discount of 5 per cent.
IBA is increasing its guidance for the year to 30 June 2007 of profit before tax and amortisation to $30.7 million (FY2006:$18.1million).Revenue is expected to be $75 million (FY2006: $59 million), and EBITDA is expected to be $32 million (FY2006: $18.95 million).
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