Complete Logistic

Latest quarterly report from Complete Logistics show improvement with EPS of 1.96sen compared to 0.90sen the previous quarter. Net profit of 3.4mil. However,revenue drop slightly from 24.3mil to 22.3mil.

This counter offer 3 sen dividend and trading at RM0.43. Assuming forward PER of 7.8sen, it is trading around PER of 5x with dividend yield 7%. Limited downside.

BSL Corp

Bought BSL Corp at RM 0.37 on 18Feb 2011

EPS at 10.5 sen meaning the stocking is trading at PER of 3.7x only.

Looking at the historical chart, this share should be trading at RM 0.50 and above.

Expected some dividend payout this or next year.

GUH Holdings Berhad

Bought GUH in January at RM1.15. This stock provide consistent dividend yield. The latest is within expectation with trailing EPS of 21.68sen (6.24;4.82;4.84 & 5.79 sen). Closing price at RM1.22 @ 18Feb 2011. PER is at 5.6x. Among the semiconductor counter, it is the most value buy with high cash reserve.

Analysis of the shareholding have several funds having position in this counter like HSBC Pte Limited with 15% stake.

The company had been aggressively buy back its share since 2008 and had since cancelled the 10% treasury it had bought in the open market. Recent development point to the high possibility of breakout of recent high of RM 1.24 in the short term.