Worth Taking Zhulian In ??

Hi, allow me to state down what a forumer "DoReMe" view on Zhulian. Let me make a mark here for his comments and see how this counter turn out.

On 8/5/2008, DoReMe has commented the following in the chat box after i have bought in this counter at RM1.05 recently :-

"I've taken a deeper look into zhulian when horse bought it at 1.05 and discover these. On paper zhulian looks strong in term of earning, low PE, high dividend n good EPS at round 18sen. First thing is worth looking is it low PE with high growth, they are cash rich with 26mil set aside solely for unit trust investment n strong balance sheet with 120mil cash flow, very healthy indeed. Others like taking cash almost every quarter for div, more profitable than most of its peers like Liqua, high growth with expansion market in Thailand, Singapore n indonasia. If take a look of it business, zhulian offers wider range of product if u notice. Valuation of its conservative PER of 8 times FY2008 forecasted EPS of 16sen, will give a target price of 1.28. Factor the dividend in should be quite attractive. Worth looking & monitoring. "

Beside Zhulian, Maybank is another counter worth looking at for longterm investment after it recent sell down. Till then, happy trading.