Monday, February 21, 2011

Third Buy Call

3. IJM Corporation

If u guys do some research, u will notice that IJM Corp 1H net profit has increased 51.81%, (eps=8.86c for Q2). It is possible for IJM corp to achieve eps of 10c for Q3. Projected Eps for 2010 is about 35c.

In my opinion,

It's a buy for now. You might want to keep an eye on IJM-CE.
Besides, there's rumours saying that IJM is one of the M&A targets. Therefore, if any m&a take place, investors should be able to earn lucrative return.

Apart from IJM corp, Ivory is a buy too. However, IJM is better in terms of stability and potential.

you make your own decision.
Buy at your own risk :)

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