|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.57 ||0.68 || +0.11 (19.30%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|28/09/2015 ||0.605 ||0.68 ||+0.075 (12.40%) ||BUY ||RHB-OSK || |
snwong13 this qtr loss but still have....22% up in revenue, 339% up in profit & 14% up eps...compare yoy
riskabsorber Gearing is at high risk now. Might be due to mismanagement of cash that's why even disposal of 2 parcel of land, the borrowing still increased by 70m. Certainly need to sell Da'men anxiously to get the money.
kancs3118 @ riskabsorber - come on lar...the majority of the gearing is mainly due to the credit draw down to build da'mein - which upon the sales of Da'mein - will make the company to become a net cash company. Please read the quarterly report and understand the company before commenting here. Thanks.
NoPainNoGain Those who buy queue matched between 50 to 55 cents are the luckiest person!!
SuperMan 99 Kancs, I put my hands up to agree with your statement here:
"But the losses concerning the F&B division of RM 10M is horrible. They should have exited the F&B business. It is not a business that they have a competitive advantage at all."
riskabsorber Kancs, I mean the additional borrowing which is drawn down this year. The disposal of 2 parcel of land received the cash around 130m + additional draw down this year of 70m, Which is already 200m. How much funds needed to build Da'men ? Why need to pay additional interest when the company have 115m of cash ?
snwong13 thanks a lots....managed to get some to top up at 57 from panic investors ...
...retained profit reflecting down at a range of expected 59 to 61
...will move up slow slow
...we meet next qtr...
Terima Kasih Banyak banyak!!
Some of you have quoted an analysis of the results. Do please give us the link(s). Thanks.
No doubt GOB is cash rich. But I am seriously concerned about top line revenue in the quarter, only 36m, down from 121m in the corresponding quarter last financial year. Why so low? Houses in Batu Kawan not selling?
I have noticed some other developers have also reported serious revenue declines. The property market downturn seems really bad!