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SILVER RIDGE HOLDINGS BHD SRIDGE (0129)

0.160 0.000 (3.23 %)

High: 0.160     Low: 0.150     Vol: 617,400 Average Vol: 8,903

last updated: 1-Nov-2017 4:56 PM

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[SRIDGE] the good stock to watch on February 2012

Expected EPS for whole year around 7 cents. Still cheap for stock price at RM0.23.

Good support on RM0.22.
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Profitable ACE company like Digista, Amedia, MMode and SMRtech have been up, how about Sridge?? Will be up soon? Friend, anyone can tell me?
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Good trading buy now. Target price RM0.28.
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Engine starts..... may see RM0.30 in short term, that is strong resistance.
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Sridge, towards RM0.35 soon. excellent financial result will be released after 2 weeks.
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Mr. ethanleesk u're the man! thanks
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Jeffrey, you are most welcome. Happy trading.
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Sridge..bullish breakout, may see RM0.40 in short term!
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Hi Ethan,

Thank you for all the tips. Is it too high to go in now? The current price is 0.335.

TQVM!
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Hi Yong, Actually Sridge can said that bullish breakout. You can see RM0.30 is a strong resistance for Sridge before, but finally it break RM0.30 on 14/2/12.

If break RM0.30, i expect it can up to RM0.38 - RM0.40, haha, may be you can see on next week. If you want to buy on RM0.335, you shall set your cut loss point on RM0.30.

Why I said Sridge may be up to RM0.40? OK, let us compare Sridge with other profitable ACE company, for example, Digista, Mmode, Amedia and SMRTech.

1) Now P/E for Digista (closed price RM0.615) is 6.48.
2) Expected EPS for Mmode (closed price RM0.47) is 8.8 cents, so P/E is 5.34.
3) Expected EPS for Amedia (closed price RM0.405) is 6.7 cents, so P/E is 6.04.
4) Expected EPS for SMRTech (closed price RM0.27) is 4.9 cents, so P/E is 5.51

So, everage P/E is 5.84.

Ok, I expect EPS for Sridge is 7 cents, so my target price for Sridge is 5.84 x 7 = 41 cents.

Please take note that financial result for Sridge will released end of this month. So I expect Sridge may up again next week, may be to RM0.40, who know?
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Hi Ethan,

Thank you for the reply. TQVM! :)
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Sridge: 4th quarter make loss 2.8 million. EPS for FYE is 1.55. P/E will be 20.0. I am sorry, time to sell now.
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Your prediction so bad..called buy when stock hit higher and then called sell when stock drop to lower. You make a lots ppls get trap in the stock. I suggest you buy a main market stock with good fundamental. Be a smart investor and not water fish in market. Thanks
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hi buffet, this type of sorhai are all over stock forums, they all pretend to be Warren Buffet or George Soros. hehehe.
they even have the cheek to show their face. hahaha

check out investlah, they have worst comedians. u can laugh til lausai.
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I think So far it is not a right time to buy any stocks... wait for corrections, could be ahead, am I right?! Let me know if I am wrong, thanks... =) http://testmarketidea.blogspot.com
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yes ! u r wrong. Time to buy AAAGGGREEESSSSIVEEEEELY
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Hi simon, i really become sorhai if i can earn much money. haha
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hi ethan, yesterday i told everyone to buy aggressssiveeeely. look at today?
i hope everyone make money. dont get me wrong.
btw i call everyone sorhai, including myself.
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LoL.... Lucky i didnt buy aggresively... Market slide down... I personally follow this http://testmarketidea.blogspot.com earn already 53% and sold 3-4weeks back... now preparing for next round...
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[SRIDGE] Another Digistar is born

Four quarters financial record very good. Revenue and net profit increasing. PE < 3. TP = 0.7
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what is digista?
shareholder?
business?
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