Don't you see this is a quiet, no-body-noticed counter. Without the guardian Ah Hock doing the buying /selling the counter could be almost "untraded"... Earlier on, Public Research took some interest and attracted some investors, that's when the counter became rather heavily traded for some days with active price movements, unfortunately Public Research ceased coverage citing "tight - lipped management" which made the research information difficult and that's when the price suddenly plunged with heavy selling, seemingly the investors following Public Research decided not to invest in the counter with the ceased coverage. Hence, now it's back to square one, the counter needs the guardian Ah Hock to create some daily activities.
is there an annual proposal? i saw many companies doing that. Getting shareholders to approve. Whether they buy back or not will depends on the condition
Compared to ajinomoto which has about same revenue category, 3A is definitely trading at much cheaper valuation in many metrics (P/E, P/BV etc) . https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=2658 since the market does not value 3A, i think the major shareholders should privatised the company or even Wilmar can just offer wholly.
i think the market wants to see the company distribute its higher profits...reward its shareholders with dividend. else it's just another value trap companies. i'm still wondering why is Ah Hock in/out little bit. Just make general offer la.
"The revenue of the Group for the current quarter of RM165.167 million was 25.9% higher than RM131.235 million recorded in the corresponding quarter in the preceding year and was mainly due to higher average selling prices and higher quantities of products sold. However, the Group's profit before tax decreased by 15.8% to RM14.363 million from RM17.054 million and was mainly a result of higher main raw materials costs in the current quarter under review" POSITIVE : growth is strong... revenue increasing every year. NEGATIVE : costs gone higher (inflation) affecting its profit margin. Any investors that like the growth narrative should invest in this company.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2938 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
nahc4131
35 posts
Posted by nahc4131 > 2022-02-28 08:16 | Report Abuse
profit jatuh banyak , hari ini lagi jatuh. sama sama lihat lah.