Author Topic: PPB  (Read 90 times)

Offline iiinvestsmart

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PPB
« on: June 02, 2017, 10:16:21 AM »
Perlis Plantation Berhad

The best valuation method for this company is using its P/B.

Its market cap today is 20.2 b
It is presently trading at P/B of 0.9x.

For those who have this stock for > 10 or >15 years, the CAR have been about 11% per year.
The total return for the last 5 years have been poor.

The earnings have been growing steadily the last 2 years.

Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline ahbah

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Re: PPB
« Reply #1 on: June 02, 2017, 10:19:12 AM »
Book values .... old values or current values ?

Offline iiinvestsmart

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Re: PPB
« Reply #2 on: June 02, 2017, 10:24:37 AM »
Its P/B ranges from 0.9 to 1.5 over the years, averaging 1.1.

When its P/B is below its historical average P/B, this company is not expensive.

Only just have to do your projection of its growth going forward.

Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Re: PPB
« Reply #3 on: June 02, 2017, 10:28:08 AM »
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.

Offline iiinvestsmart

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Re: PPB
« Reply #4 on: June 02, 2017, 10:30:15 AM »
Latest NTA 18.08

Today's price 17.02

P/B = 0.94
Itís better to buy a wonderful company at fair price than a fair company at wonderful price.

1.  Understand the business
2.  Business must have DCA
3.  Management with integrity
4.  Buy at a sensible price

Big Fat Pitch.  Focus Investing.  Long term portfolio for capital appreciation and income.