Hi $$-sifu, on their last report they mentioned infavorable forex effects that had an impact.. Is dollar strengthening during the period unfavorable or favorable?
Yes, you're right, probability, it is unfavourable, so have to see what will be the outcome after all & see if the positives can overcome the negatives.
If forex, stock & investment provisions can be contained within the manageable level, then it will be good.
I personally believe it will be a good year for ann joo, ssteel & masteel in 2017. Since diff companies have different valuation by market, it depends on the risk & reward appetite of a person to decide what to do with the choices. I go for ssteel & 2nd for ann joo.
I may be wrong then but I am willing to take risks that I have calculated for.
I guess there is huge jump in SSTEEL profit since rebar has gained 30 percent since Sept. last year. But 60 mil profit?? Err... If PBT that's possible.
Quarterly result maybe will release whether this week or next week.
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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....
moneySIFU
5,855 posts
Posted by moneySIFU > 2017-01-31 21:39 | Report Abuse
All done very well! All are done far better than so called self proclaimed Malaysia WB