Over-value.. Go back to the normal price after bonus issue (which not adjusted on june). Look like next Q is not good too. no more good news. Correction...
Yep... they had withdrawn from China and concentrate on local Malaysian market instead. They are still doing good even with a bitter lesson from the China venture.
Presently,the stock is very bearish.All the key Technical Price Charts - MA,MACD,RSI,stochastic do not support any reversal of the price towards the uptrend/upside. Expects the stock price to be weak.No immediate impetus or good corporate news to support and move the price. Just to share.
Last time spent so much money to invest a factory in china... but now just simply close that factory and selling it off with only few millions ringgit only ?! What a great losser investment of this.
Topiaco starch raw material cost also will be increased due to the recently internatinaol raw materials rise from USD 330 to 430.... dont expect coming quarter result will be good.
Seem like undervalue...5 years continuous improvement in both revenue and profit. (Revenue increase > 30% and profit increase > 4x in 5 years). Net cash. Recently completed Maltodextrin product Plant no 3 and roll out plans for lands acquired in the vicinity of the existing factories will contribute positively to the Group's earnings.
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....
Sebastian Sted Power
3,429 posts
Posted by Sebastian Sted Power > 2017-09-19 12:37 | Report Abuse
got big taukey WILMAR support behind no need takut