SBCCORP : If you have the patience to hold from 2Nov2011 till now

I mentioned about her in 2011. http://www.reiccs.blogspot.com/2011/11/sbccorp.html

The below is what I have mentioned.

"FA
Intrinsic value = RM1.48 based on 25.8% growth (provided she can maintain this growth rate)
So, now at 36% discount."

At that time her price is RM0.94, and in just about 1.5 years, as of today she is price at RM1.60, a whopping price appreciation of 70% !!! . Remember I didnt even take into account of the dividend  Thats the beauty of buying a small size high growth stock, buying her in Nov2011 is very low risk, the only big risk is IF there is another global crisis where she may need to be tested on her cash flow.

Let see RM1.60 is above her intrinsic value as of her latest fiscal 2013 year EPS=32.48sen . She is still trading at a very low PE 4.9.  Based on 2012~2013, her growth is 12% , if she can maintain this growth, I upgraded her intrinsic value has jumped to RM2.04. Well, those who are holding since Nov2011, still have a reason to continue holding as she is still trading below her intrinsic value.

Technical, she give a buy signal today but the resistance of 10 year all time high is a point to take note 1.69. Lets she how she pans out in the coming months. 

SBCCorp - Momentum Play (Flag !)

As the FBMSCap has started to retrace, I don't intend to long any stocks. Just as I was screening out some of my previous purchased stocks, I bumped upon SBCCorp is forming a Flag (TA terms). Well, if she breakout from 1.04 with volume >0.24mill, then it would be a flag breakout and the project P would be around 1.17. I would put a Stop loss at 0.995. Since the index is weakening, it would be prudent to long a smaller size in case any BIG BEAR damaging the environment around.

SBCCORP

TA
Her price action have climbed out of the Falling wedge but still lack of volumes . (Breaking out of a falling wedge will leads to price action going upwards).
No signal from MACD yet but there is a few reds, if turn green, then there will begin the climb.
Price still above 20MA.
So, to entry, wait for MACD signal.

FA
Intrinsic value = RM1.48 based on 25.8% growth (provided she can maintain this growth rate)
So, now at 36% discount.
Fundamental wise, I would rate her : HOLD/SMALL BUY since we are not out of longterm downtrend .