Thursday, July 12, 2012

Value Investing - ZHULIAN (5131)

ZHULIAN posted another record high profit after tax (PATMI) of RM29 million for quarter ended 31 May 2012.

Currently trade just below 9.0x PE (based on rolling-4Qs PATMI), still a value buy company where the Dividend Yield (DY) is approx 6% (almost double Fixed Deposit) with at least 5% capital appreciation a year.