all these growth stories were not new...the capex expansion and noodle business were reported earlier and higher Q4 profits also expected when oil prices and Ringgit still low. I recalled Yistock wrote a good article on this.
why the share price not performing earlier in Jan and Feb?
overall TGuan growth story is good...the only risk that can keep me awake at night is the escalating raw materials (oil prices) that is beyond the control of TGuan. It's good to note TGuan recognise this risk and diversify into food business and upgrade the product line to be less price sensitive.
I am sold by the TGuan story and a good stock to keep.
For Icon8888, your 3 tons of lorries on Tguan warrants must have given you a very good profit for 2016. Your write up on Tguan indeed very accurate and precise. Please continue to enlighten us for more. Just one thing, Dolomite indeed exploded into losses! May be you can also enlighten us. Thank you.
This could potentially be a 2x bagger stock if it is correct la.. FY2015 was a massive turnaround and FY2016 seems to be in the bag with current order book.
I have one question. After showed us cash flow statement, you mentioned that so far the group spent 45 million on its CAPEX and another 55mil will be spending on 2016's expansion. But i notice that the news which published by TStar stated the group will be spending 35mil for 2016 and 30 for 2015, a total of 65mil for 2 years. So, whether the CAPEX for 2015 and 2016 is 65mil or 100mil?? Thank you.
I think the best thing to take away from the cashflow report is that they have managed working capital better and has a net operating cashflow instead of an outflow. Expansion in assets does not necessary corresponds with increase in margins or sales
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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....
Ricky Kiat
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Posted by Ricky Kiat > 2016-02-25 22:25 | Report Abuse
thumb up....