lolz...I guess I am lucky to guesstimate their script..haha...now put this aside and wait for EGM approval la..congrats all believer.enjoy your stewardess...I mean with the stewardess..wakakakaa..
Contribution from new Maltodextrin plant increasing capacity by 40% will kick in soon.
Extracted from AR 2016.
The Maltodextrin Plant No. 3 is capable to produce 2,200 metric ton a month. With the completion of the project, the current total capacity of Maltodextrin products of the Group stands at 5,500 metric ton a month. The Group is ready for the next phase of growth.
All happy investors in here holding on their shares waiting for EGM and growth after reading the good AR. YTD with a good 20-30% gain already. Congrats all!! Follow koko888 and keep..
@shunfeng2032 agreed with you.Presently,looking and analysing the Technical Price Charts the counter is undergoing a mild price correction for the past 3 days. 2.Anyway,the Moving Average(MA) chart is still trending gradually upwards and above the MA 21.Further supported by MACD line which is trending above the Signal Line on the MACD chart.The RSI chart shows the counter is in the overbought condition. 3.Fundamentals for the counter were good.ROE is good even though the DY is slightly below what the market expected.Expects the coming QR which will be announced( 5 May as previously) will be good. 4.With strong shareholder Wilmar Corp. Ltd's( Part of Robert Kuok company) two representatives on the Board help to engender good corporate governance and financial performance.
Barring any adverse global development and news the uptick in the share price for this counter is likely.
Good luck,happy and smart investing.Just to share.
In a separate filing, the company announced a bonus issue of 98.4 million new shares on the basis of one bonus share for every four shares held on the entitlement date of May 25, 2017.
This is a hidden gem ...the likes of cocoland when F&N bought a substsntial stake. Reason 1. Its cash positive with more than 28mil cash 2. Conservative co. Its reserves is more than 200mil vs shr capital paid up of 78mil. It is capitalising only a tiny portion of these reserves in the coming bonus issue 1:4. Potentially can issue more bonus in future or increase dividend. 3. Regularly paid dividends every year...1.4 cents has been increased to 1.8cents in 2016. 4. Darling of unit trusts in the small cap space by public mutual, now attracts RHB unit trust, Maybank EtiqaNorges Bank and much more...see 2016 shr holdings analysis 5. Have been acquiring land around sg buloh...a prime area next to sri damansara since 1997. More than 15 lots. NBV have not been revalued. 6. 2nd major shr holder is Kuok Group...through Wilmar - Kerry Investment
Strong consistent revenue growth every year. Profit margins has gradually grow for the last 5 quarters consistently through eco of scale, automation and efficiency improvements...
The land banks in prime location (Sg Buloh - adjacent / a stone throw away from Damansara-Tropicana area) in a few decades will reap capital appreciation like BAT, Dutch Lady, F&N factory land in PJ attracting unit trusts to invest.....buy for keep, not for punting...
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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....
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Posted by Up_down > 2017-03-23 15:51 | Report Abuse
Sleeping beauty has finally waken up liao. Go go go!