HippoI saw some comments above are about Singapore. Wondering the recent drop in price is because of zika?
UncleSamDespite being quite a notable caution to the public, I don't think Zika will materially affect the business. Well, business and life has to go on, people still need to feed their families, it's not like the whole of Singapore is going to quarantine themselves inside their houses, as if there is a zombie apocalypse. We still have to fall back to realistic rationality and logic when news like these pop up from time to time.
6182al150 up 211 down 517 no up no down and 846 no transation what stupid market less than 8.8 % gainers
UncleSamRevenue actually increased, the difference probably went to remunerations, so performance wise, the company should still be well intact if you look at it this way, I'm still expecting the next quarter to perform. However, we should expect share prices this quarter to adjust to the higher PE.
SquirtleWah down so much today Fibon Ham kah ling liao Muahaha
XXXvalueQ1 normally slow & tend to pickup speed toward the end.
UncleSamBut still as of this quarter, cashflows are still growing and positive, plus 33mil cash in company, assets 45.5mil vs liabilities 2.8mil, revenue still higher and growing compared to last quarter, and still no debts, no gearing. The issue in this quarter is not the sales, not toxic fundamentals, its the internal decisions that made the profits as it is this particular quarter. Value or not, is subjective, but management is still key to success nonetheless. So how, its up to you to see it as cheap or dangerous for now.
AishahNasimuddinAnyone still holding onto this counter? Barely moving but slowly downtrending.
Dolly_Chaioolongteh, you have a valid point here...3-4sen of EPS selling at 60sen, which is PE 15-20... perhaps big players are waiting to sell so they pump up the price first...
UncleSamHowever, this counter is still a gem nonetheless, the only reasons so far now that can be speculated positively, is the ringgit, if ringgit is expected to stay bad, or worsen, then this counter has a valid reason to expect outstanding profits. In terms of other aspects, I can't find much basis to back this movement.
Dolly_ChaiUncleSam, no doubt that this company is making profit every year.. but the major problem is there is no growth seen for years.. the revenue and net profit has been stagnant at 15-16million & 4-5millions every year... this is a very conservative family-owned business so i do not see any big surprise in their share price appreciation... anyway, just my 2 cents...
Dolly_Chaiso for now, i think it is more likely that the big players (perhaps the owners) are pumping the share price for their dumping later...
Dolly_Chaiin fact, the latest quarter sees a huge drop in the net profit so i cannot reason why it shoots up a lot recently....
AishahNasimuddinTrend hasn't retraced or corrected yet. Be careful. Hitting resistance. Any other opinions on technical analysis?
funitecParty just started. Let's see it to 68 and above. Technically going strong.
AishahNasimuddinHowever, we also can't deny that this is an export counter, with their bulk earnings in foreign currencies, with the weak ringgit now close to 4.5, this counter is expected to perform considering they are the pioneer of their niche industry. Furthermore, the quarterly results are coming up soon. Maybe we can compare the trend to other export counters? If others are moving, this could be the reason also?
UncleSamI hope the price drops and corrects to the 5_ cents range asap. Hahah. Uncle needs a CNY value buy.
foreign_fundDonald Trump to become US president on 20th Jan. Will he keep promise to implement US protectionist policy? If not can revoting happen?
donfollowblindlyProfit drop 35% QOQ, 56% YOY. If follow KYY Golden rule sure must sell. http://klse.i3investor.com/servlets/stk/fin/0149.jsp
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funitecSupport at 0.615. s2 0.61 s3 0.605. If it breaks 0.63 or 0.635 it will go go .
funitecSMA 50 turn around, .about to cut through 200day SMA. Then the party will really begin. someones accumulating at 61.5 and 62 today. D/E of "0". Nett CASH 18 CENTS PER SHARE. ROE OF 9.6. Current ratio 18.37( anything above 3.0 ) is considered good. Can dance for CNY.
oolongtehI saw it too. Someone might be disposing. But then again, every investor has their own judgement. Just because I'm buying or selling, doesn't mean that you might be wrong or right in your decision to buy or sell. They might sell at the wrong time too, or who knows the right time maybe? But u have to ask yourself sincerely, why are you buying? Otherwise you are just speculating, and gambling. But i'm definitely going for the long call here. I see value where others may think otherwise.