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Saturday, July 20, 2013

Hua Yang, Zhulian and Sona Petroleum IPO

Hua Yang recently announced quarterly financial result, not so good. But this is expected by the analysts. The sales and profit will pick up later.

Hua Yang PE ratio not high and with reasonable growth and dividend. Will hold.

Kenanga recommend buy, with Hua Yang share price target of RM3.88

Sona Petroleum IPO Balloting Result Table oversubscribed.

Sona Petroleum IPO oversubscribed 5.97 times.

If apply public 1,000 shares, the chances are 11.66%.

1,000    11.66%
10,000    15.91%
100,000  19.72%

The Bumiputra portion:
1,000    34.88%
10,000   38.13%
100,000  59.66% 

Zhulian recently annouced quarterly financial result. Normal. No info, HwangDBS say hold.

For more information on recent IPO, here.

For information on Sona Petroleum, here.

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  1. y u can't comment on SAB? good profit growth,asset and cash rich.can buy or not?




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