What if the RTO fail? and the share price will back to original price? 0.08? And Dato Siew laughing happily behind because he sold a lot of shares at 0.500
There are a lot rumors circulating in the market saying that S5 has a strong fundamental and possess strong technology.
Based on my research, I think a lot investors ignored the facts of its business model.
I’ve seen a lot gurus in the market assuming a very premium valuation (30x PE) based on their FY2019 PAT earning of approximately RM60m
For our country foreign workers recruitment progress, It involves a lot of “extra payment” before the official hiring into Malaysian job market.
For example, a foreign worker who wish to get a job in Malaysia , need to pay for 1) ICS 2) VLN 3)PLKS 4)NERS , only then they can get hired .
Companies like S5, Bestinet, UKSB , MYEG are involved in these processes and hence you see a very lucrative high margin earnings.
S5 is involved in ICS and NERS For each foreign worker they will make around RM105 for ICS and RM50 for NERS
is there any high technology involved in this process ? I’m afraid no..
Their contract was given by previous BN-led government and the contract shall expiring in 2022/2023
The backdoor-listing shouldn’t be relate with the award of NIISE but the valuation of the company. The earning for FY2019 was approximate RM60 , but for coming 1-2 years , since our Ministry of Human Resources is already freezing the entry of new foreign workers for labor market, so the earning might be facing decline in future.
Please invest with care. Wish you all make money in the market
We looking at long term prospect ... someday somehow we still need to allow foreign workers entry and somebody gonna handle all this ... Freezing entry of new foreign just for the temporary ... but dont forget how dependent we are toward the foreign workers ... Just look at plantation business ... how can we sustain with lack of foreign workers in this line ... our country main income contribute mostly from oil palm business ... no offfence just two cent sharing ...
Goldsesame88 open new ID just to leave your comment here.. appreciate your effort wo... your math Sure got A in your SPM.. but your Blow water level is A+++ Look at the fact,it is still cheap if BN is back, MYEG WAS RM3 during BN led gov Now is a good chance to EAT ANCOMLB before the MOU sign between S5 and ANCOMLB yea
talk many facts no use,Shark want Ancomlb up,then will up.. kikiki... Fishes just follow shark swim,don't against shark,if not you will go into their mouth... Yummy
already appear here this morning to tell u all buy red sell green, now Green d everyone come back and chase high, sorry la u just collect the sharks' tickets
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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....
Moneygame33
1,101 posts
Posted by Moneygame33 > 2020-07-24 10:06 | Report Abuse
peppermintlemon What do the charts show, anyone can help?
前天是属于孕线 昨天不可以买入 今天可以小敲点 会有个逃命波 这个逃命波是上或下的趋势就要看今天了 。。。个人看法 谢谢