Last QR operating cash flow negative. Cash down alot and therefore net cash reduce. current price not consider low especially after the adjustment of the bonus issue.
Hey guys, I created a quick & short fundamental analysis animated video on this company. I hope it helps you to know more about it! #FundamentalDaily001
Share price will definitely go up in the long run. Only investors with patience and holding power can make big money. Who cares whether the price will go up or down tomorrow. I haven't checked the price since January.
“Optimism is the faith that leads to achievement.” WHEN EVERYONE SAYS ARBB(7181) IS GOING LOW, LOWER THAN 0.305SEN, THE REAL DEAL SAYS ITS TIME TO BUY IN, PROVEN ME RIGHT ARBB SHOOTS UP TO 0.40SEN, NOW IS THE TIME FOR SECOND WAVE, BECAUSE WITH 24%NET PROFIT MARGIN, RM19.92mil FOR Q4 2019! SO ANYTHING BELOW 0.70SEN, GO AHEAD AND SAPU CLEAN CLEAN ARBB(7181)SHARES RIGHT NOW, NO TIME TO WASTE!
After looking into some details, current assets is 10 times of current liabilities, that is serious. Either recoverability in questions or potential write off, fair figures in question just to push up revenue, lending generously to buyers (related?). Disclosure needs to improve to convince investors, aging schedules, top buyers etc. Unfortunately sleeping authority is not doing much to strengthen market.
Three-A Resources Bhd (3A) reported an improved second quarter of financial year ending 2019 (2QFY19) net profit, up by 18.6% year-on-year (y-o-y) to RM6.3 million. Cumulative first half of FY19 (1HFY19) net profit of RM13.7 million improved by 19% y-o-y. It was below our expectations at 37% of full-year estimates, however, this coming largely due to an underestimation of operating expenses and effective tax rates. We trim our earnings forecast for financial year ending 2019 forecasts to financial year ending 2021 forecasts (FY19F-FY21F) by 8.6%-9.7% to account for these accordingly. Nevertheless, we continue to remain optimistic about Three-A’s long-term prospects due to: i) lower tapioca prices and the relatively resilient food and beverage industry despite slower economic growth; iii) management’s continuous efficiency initiatives and cost-optimisation plans to increase productivity; and iv) healthy balance sheet with a net cash position.
Profit down trend, unlikely Dec results can bit last Dec yoy. Only positive is cash more then loans temporarily. Please analyse its current assets as it is 10 times of current liabilities.
Please note those involved and the current management and bod members.
Best for speculative play only as it is difficult to judge various matters. Become phobia due to frequently one off impairment by companies even though did not hit me. Play safe, of course, low risk low return.
Decided no go for the time being unless know more about its current assets quality etc. Good luck everyone.
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....
ganesonm
6 posts
Posted by ganesonm > 2019-01-09 19:07 |
Post removed.Why?