from my observation, Willow had fabulous 2015 Q4 result where the EPS was as high as 2.90sen (RM7million net profit). But this is a one time deal best result and it will unlikely happen again for Q4 2016... so I would expect full year 2016 EPS and net profit will be less than 2015.. perhaps that is why many are selling now...
Sales, I can only think of one reason: investors expect 2016 full year EPS to be less than 2015... and from the current trend, it is very likely to be that way...
Going by recent reports by Edge, this looks undervalued. Potential returns from its singapore investments is good hedging against forex. Two projects it received also adds up to profit margin, if not future goodwill.
The stock price had moved from 0.75 cts end last year to 0.79 last Wednesday.Technical price charts show the MACD line above Signal line- signalling buying.The RSI chart showed the stock in ob=verbought state.Basing on the price momentum,expects the price to be on the positive. Good luck.
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....
Dolly_Chai
738 posts
Posted by Dolly_Chai > 2016-11-30 13:19 | Report Abuse
from my observation, Willow had fabulous 2015 Q4 result where the EPS was as high as 2.90sen (RM7million net profit). But this is a one time deal best result and it will unlikely happen again for Q4 2016... so I would expect full year 2016 EPS and net profit will be less than 2015.. perhaps that is why many are selling now...