We stock punters prefer Viva, Axia mah what for drive Camry ?. Let the Americans drive their Lincoln Continental and their Bentleys and value their Twitter shares and Tesla shares at USD 20 and USD 326 despite no or doubtful profit. We here prefer to keep Palette under 40 sen a share and continue staying in our KETAM BAKUL.
What we can see, myeg (brahmal already exit), excel force, prestariang, ghlsys (then brahmal exit) they appear as shareholders, perform well, above RM1...palette a loss making company but turn into profiting (my discipline need 1 more qr to confirm)..seems has a bright future..just ma 2 cents...
Funny many institutional investors like Black Rock and KWSP lost in this blog. Please go back to your MISC, Public Bank, Temasek, Goldman Sachs portfolio.......
for those worrying about single customer risk, datasonic also has single customer risk - Malaysia Immigration Department. even MYEG mostly from immigration department. so i wouldn't worry about palette
interesting thing in the CIMB report is that the hardware sales should be for the whole of Russia. i wouldn't be surprised if there are more than RM100+ million orders to come. if can spread out the orders over 3 years, palette will be eligible for main board transfer.
russia is big, if contract consistent, although 1 customer is enuff..as time tick by, orders will keep on coming..customers should keep on also...time will tell..
orange88, based on keyasic's financials, i wouldn't touch them. consistently making losses, looking to raise funds for working capital purposes and NOT for expansion/new developments. dangerous company - more speculation than fundamentals
i have the feeling that the MD, Eg Kah Yee is using Keyasic to build customer base, provide support services etc and palette to capture the business and profits.
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....
kingcobra
2,772 posts
Posted by kingcobra > 2017-10-27 11:05 | Report Abuse
SHOW 2 WATCH AFTER 1600HRS..........good luck!