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.
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