It's important to consider the broader perspective when evaluating a company's potential. While it may appear that business is currently quiet, we should take note of their expansion plans. They're not solely reliant on the local market, as they are actively involved in export business. Additionally, the imminent opening of four new showrooms in prime locations like PJ, Ampang, Desa Parkcity, and Shah Alam indicates their commitment to growth and market presence. This strategic move suggests that the company is gearing up for increased visibility and customer engagement, which could, in turn, lead to improved business performance. It's always wise to assess a company's long-term strategy and growth prospects before making a judgment based on short-term observations.
An undervalued gem in the market. As of the latest financial data ending on September 30, 2023, the company has reported impressive figures, with a revenue of RM183.9 million and a profit before tax standing at RM22.2 million for the current year quarter, represent 12.08% Net profit margin after tax given the high inflationary environment.
Consider the Q3 is typically the weakest, the net assets per share attributable to ordinary equity holders for this financial year currently stand at RM 0.87, a figure that, when compared to the current market price, reveals substantial value for shareholders.
Anything below this price point could potentially trigger an acquisition frenzy, with interested players or competitors vying to buy out shares/company.
The price correction is nearly over - Chin Hin Group (5273) is acquiring a big piece of land in Melaka for a major residential project presents a promising opportunity for SIGN. As a key player in kitchen and wardrobe solutions, and now partly owned by Chin Hin, Signature is well-positioned to be the primary supplier for this new development.
This partnership could significantly boost SIGN's revenue in the current and upcoming financials report, given the project's estimated gross development value of RM1.01 billion. Investors should consider this development as a potential catalyst for an increase in Sign's share price.
really shitty lah when paktua write here at the same time my friend ask me to enter only at 1.00. but my firend sold at 1.20 . i thought since miss the boat then forget it but today again he jump in at 1.30 purchase 400.000 lots as today news now TP is @2.00. paktua how to believe or not to believe? BUT LOOKING AT THOSE DIRECTORS at CH acquiring so many units then i believe him now. so how to jump in or not?
morning Gentingbig ... wow good info.. paktua wish we all can see rm2.00 before end of this year.. anyway right now synergy is rm1.51 so sign will touch rm1.50 also
my informer show proof 1st purchase 200000 lots at .0955 sold at 1.27 tthen on monday he jumped in again at 1.30 for 400000 lots and want till wait ill 2.00. i eel any counter will take a brreather lah so hesiatating to follow him
come joined paktua swing team.. see how we set our journey on new born stock & great counter..
paktua back swing on new born & great stock.. joined paktua on good hot stock.. paktua back pick new hot counter till mid june 24..
so paktua n team we will focus on
1-Mtec paktua target minimum rm1.25 (main target rm1.43) now reach 1st target mybe today closed above rm1.30 2-KJTS paktua target minimum brm0.80 (main target rm0.93) 3-Hegroup Paktua target rm0.70 4-myeg was set rm1.00 already hit 5-sign Paktua target rm1.50 already hit 6-uems was set rm1.22 already hit 7-zantat Paktua n team will sail since rm0.38 now rm0.49 target rm0.70 8-Topmix Paktua target rm0.66 already hit. 9-SBH now just rm0.23 paktua yakin SBH can hit rm0.37 10-notion paktua we play since rm0.52 now hit rm0.62
swing till 7hb june 24.. come joined paktua Swing team.. let we fight together
tut tut come joined paktua swing team.. sent request at tele @swingdarkred73
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CosmosAtom
6 posts
Posted by CosmosAtom > 2023-10-25 12:01 | Report Abuse
It's important to consider the broader perspective when evaluating a company's potential. While it may appear that business is currently quiet, we should take note of their expansion plans. They're not solely reliant on the local market, as they are actively involved in export business. Additionally, the imminent opening of four new showrooms in prime locations like PJ, Ampang, Desa Parkcity, and Shah Alam indicates their commitment to growth and market presence. This strategic move suggests that the company is gearing up for increased visibility and customer engagement, which could, in turn, lead to improved business performance. It's always wise to assess a company's long-term strategy and growth prospects before making a judgment based on short-term observations.