Custom Search

Sunday, April 10, 2011

Berjaya TOTO is Attractive Now!

Some reasons:

Producing around RM 400 mil free cash flow (FCF) consistenly but its market cap is at RM 5.8 bil, indicating BJTOTO is selling at 14 times FCF only.

Attactive dividend policy which gives around 6% yield at current price of RM 4.28

Defensive business in inflationary environment.Sales tends to pick up during economic slowdown

Potential privatisation target at RM 4.90 per share (Very very likely) :)

No comments:

Post a Comment