2016 net profit double from 2015 2017 54% from 2016
every ACE company that enter Bursa always like this...
TP if market optimisation high the company can achieve another 10% net profit growth per year until the 5th year its not wrong to have RM0.45 as target.
If the proceeds of IPO to buy much advance EDC or POS terminal & bring tech to third world country, Cambodia not bear fruit and stagnated company net profit at around RM 4-5Million market will put RM0.21 as TP.
IoT is sunrise industry & the penetration rate in our country still low with only around 30% of Malaysian using epayment or cashless vs 70% Malaysian that have social media.
Cashless is really big thing for the next 3 to 5 years with BNM as big hand force banks, big company,retailers and SME to adopt cashless payment vs conventional payment( cheques,draft, etc).
in my opinion, this company is good to invest because of improving techonlogies.... now everyone prefers to make cashless payment instead of bring cash to buy thing....
Yes lucky you posted it I sold all my revenue shares .I thank you.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 312 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11544 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
mercurycks
5 posts
Posted by mercurycks > 2018-06-12 10:21 | Report Abuse
Yes, thumb up to you, you really did a good job.