Satha: I m new in this company forum. Water treatment is quite safe n not losing business as long as the management is in correct position. Is this company is a growth n debt free? How about the profit growth? Pls advice n enlighten the plus info. Thanks.
Hello, Satha. Great to see you back! Yes, agreed with you. I hope to collect more too. Don't forget based on past record each year price will shot up before AGM. If next year same trend repeated, very likely it will touch above 30-40 sens.
kowlee, based on year 2013 - 2007, the sales and profit was growth at an average of 3% and 14% each year. Sales growth a bit slow or stagnant but margin improve year on year. Definitely is debt free as their cash is 6 times of their debts. This year 2014, their profit is even higher due to disposal of PPE. Not sure will declare special dividend or not. But I rather hope they use the money to expand and grow top line. May be Satha is right as they may have some big plan behind thats why share price suddenly shot up to above 30 sens after they announced moved of new corporate hq and brought new piece of land in kapar (1.5 acres).
Just for sharing, we may be wrong. Do your own research if found some thing please share to us also. =)
Thanks kimchi for your input. Try to buy this morning below 0.25 but not sucessful. Will further monitor. I felt that this company quite safe n potential.
50. First time in this counter. Experience the trend, feeling, strength/energy of this stock. Gain some better then loss. I have feeling there will other opportunity.
Hello, Satha.. I had sold all my unit at 0.28.. was waiting to buy back again... dun understand who push the price.. I was worry if the price break 0.40... then I will miss the boat.. but last time it drop from 0.3 to 0.2... not sure i shd buy back or not...
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chia88
1,189 posts
Posted by chia88 > 2014-09-17 12:43 | Report Abuse
Satha44, I still hold 200,000 share of ESceram waiting to break into GOLD. Btech FV 0.68c (correction). Happy trading........