if qtr report losses. potential to gap down is there, but good qtr result.. and sellers is diminishing.. what do you expect of the prc movement next week.
Six consequtive qtrs of growth....says growth momentum picking up. Based on the facts in hand....hold or buy more if you can. I assign a PE of between 15 to 60 based on projected strong growth going forward....further new contracts.....and prevailing sector and market sentiment BE GREEDY WHEN OTHERS FEAR......and apply with wisdom of course.
1. Singapore Keyasic contract already completed in fy18. 2. Cost of sales was zero bcos the profit comes from licence renewal. It's a recurring income for ucrest. 3. Brahmal is known for pump & dump. Who doesn't take profit when ucrest hit 40sen above. However, he still keeps a portion after dumping in August.
Bunch of sour grapes who don't even know what they are buying.
Why the report did not include the cost of sales? With revenue of 8.146 mil, can get profit before tax 6.846 mil, definitely is fake figure. This kind of report can be accepted?
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....
leealex24
95 posts
Posted by leealex24 > 2018-10-25 16:53 | Report Abuse
Yes. EPS for Ucrest almost 4 cents past 1 year. If PE of even only 8, it's 32 cents. But, yes, all eyes on the report.