clap clap clap thank you for this sharing increase asp to 20-30% profit 10-20 million eps 3.0 annualised pe 20 will be rm2.40 far (below my estimate rm3.50) 1.50 now is still undervalue. look out for the next QR report to boost into black black result
abang kakak sekalian please hold your position do not sell your shares to depress the pricing limit up......wakkkkakkaka !
Please read the Financial result carefully! the second column "Preceding Year Corresponding To Date 31-Dec-2019" there is a value of 4.535m inventory write off! Don't tell me it is 1 time write off!
Jack Khan, talk to management and its most likely one time write off. they bought over careglove and most likely due to that acquisition its a one-time write-off. without this one time write off, they would have achieve 5 to 6 million profit as guided by management this morning
Right after the briefing, one director came to me and said he personally couldn't believe his fortune. So many speculators inflated the stock price and he took the opportunity to sell 500k shares. He was trying to suppress his laughter when he said the actual value should only be 20sen...or less. Anyway he thanked all of you for making him rich.
Believed in your own position and strategy in investing . I am not good in accounting and figures and there are many out there who feels the same and that doesn't necessarily translate that you are not a good investors.
One simplest logic reasons is l possesed with the highest degree of common sense that l survived the hardest hits in stock markets horrible crashes beyond comprehension and l still survived today with surplus and excess resources at stake .
Investments itself is not completely and solely based on corporate earnings and restructuring exercises at times. Stock counters with quarterly losses sometimes shares price instead continued to move forward steadily at a better pace unjustifiably .
If everybody's profited in the stock markets , by obvious reasons there are people out there losses..... right !!! Simply bcos to some to them it's a buy called and to some it's a sell called , but one thing your overall losses must not exceed your profits position and no one can claim that every stocks he purchased is safe and secure in a winning position .
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....
sharkdododo
98 posts
Posted by sharkdododo > 2020-06-09 18:48 | Report Abuse
Thanks for the insight! First time careplus had investor briefing. HOOT tmr!