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Written by Leremy
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Monday, 14 December 2009 |
Good share is hard to come by. When you spotted one, you should continue to buy and continue to accumulate. This strategy is called "Average Up".
KPJ is one of the champion stock these days. The shares have been transfered from weak-hands to strong-hands. Weak hands are those who are in need of money and sell them off when they have earned little, while strong-hands are the people who trust the company and are willing to invest even more for the prospect of the company.
KPJ has good prospect. KPJ Healthcare Berhad is one of the leading private healthcare
providers in Malaysia with a network of 18 hospitals in Malaysia, 3
in Indonesia, 1 in Bangladesh and 2 in Saudi Arabia. The barrier of entry for this type of company is high and thus competition is less. The financial growth of the company has been growing for about 15% each year for the past 5 years. Their target is to reach RM2billion revenue in 2012 and targeted to acquire at least 2 new hospitals each year. With their proven track record, we can trust that KPJ will achieve their target.
And now they are giving out more goodies. By early next year, they will be giving you a share split, bonus issue, and free warrant. We should always look for companies that are generous and KPJ is one of them.
The share has already gone up for about 100% since July, and in my personal opinion, there is still a lot more to come next year.
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