HBGLOB(5187) Opened at 0.055 and closed at 0.075

Kim will be looking at this counter because it is going to be out of PN17

From the financial years of 2015 we see significant losses but as it goes to year 2016 the losses were reduced. As for year 2017 we expected better results this is why we are looking at this counter to play turn over from loss to profit counter.

This month of May QR we will expect profit because of removing the section of duck farming in July 2016 which was making heavy losses for the company all this while. 

If we see for Mar the revenue acquired was 14.582million but they suffered losses of 11.133million. This time with the removal of duck farming segment we should see a very significant profit this coming QR. As Kim says this is a confirmation that will happened.

Another point to note is that there are no shareholders disposing their shares even such losses has been made in the past. The top 30 shareholders still holds the 85% of the total amount of shares

The price of this counter was at 0.910 year 2011, now it’s only 0.075 so we should a very up trend movement in future. Should be wise to invest when the price is still low at the moment 

But if by any means the market price would turn backwards please remember to cut loss.

Follow the channel with the best of stock brought to you by Kim & Spartans

Happy trading and good luck. TAYOR

Regards,

Ms Kana

For Kim’s Stockwatch

Do join us on a good gain at these sites

Telegram : https://www.telegram.me/kimstock (Real live time trading)

Facebook : https://www.facebook.com/kim.thor.58