$QAF(Q01) slow stock. wait for it to come down. neckline support still holding for now.
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I have released a summary of what trended at $QAF(Q01) AGM 2016.
Quick Summary of my review:
1) Challenging operating environment
2) Potential tax issues may reduce profit margins
3) Dividends did not increase due to requirement for high capital expenditure in 2017
4) Potential catalysts such as strategic review of primary production
What Trended At QAF Limited AGM 2016 • Heartland Boy
He believes that the strategic review of the primary production will occur to enhance shareholder value. Here is what trended at QAF Limited AGM 2016.
I have roughly work out the discounted eps for past four years . Using current eps of 9.07 cents(excluding divestment gain).
The discounted value is $2.075 x 0.8 = $1.66.
If base on ops cash flow ( not net ops cash flow) for past fours years , the discounted DCF value is $1.844 x 0.8 =1.475.
Current price is $1.365.
Let's talk about bread and puff.
Which bread shop and curry puff shop do you visit and why?
Some that I like include Breadtalk, Four Leaves and Crystal Jade Bakery. My latest favourite is Swee Heng 1989 Classics.
Since the comments included the discussion on OCK, I shall include OCK as another of my favourite though not vested (yet). $OCK(0172), Can you bring back the CHILLI CRAB PUFF !!! It was better than the curry puff in my view.
What about you?