Harta

Some of the info i taken out from yahoo finance and star online
Highest price during this period is 8.55 on 29-Jul-2010

Lowest price during this period is 4.91 on 7-Sep-2010

2 into 1 bonus share ,

price before split 1 September 7.58

price after split 2 Septmeber 5.06

Actual Price after split = (7.58 x2 ) / 3 = 5.06

Market Price 08/09 = 4.8

Assume eps last 4 quarter = 65cent

thus

pe before split 7.58 / 65 cent = 11.66

pe after split 4.8((3)/2 ) = 7.2 / 0.65= 11.06

How much it worth if it drop to pe 7 (after bonus issue)?

Simple mathes x/0.65 = 7(2/3)
x= 0.65 x 7
= 4.55 (2/3)

= 3.033

Good news = Output expansion
Good news = Cheaper oil
Bad news = Ringgit Stronger
Bad news = USD Depreciate Fast
Bad news = Economy Uncertainty
Bad news = Weak US Market spending

I have the luxury of time, next quarter report will be out around 10 November. There will be 2 mths now. Market has turn bearish . I will continue to wait untill good price maybe @ pe 7 ?