Profit Test Uninterrupted profit after tax ("PAT") of three to five full financial years ("FY"), with aggregate of at least RM20 million; and PAT of at least RM6 million for the most recent full FY
Solutn another interesting ACE counter, NPMargin 20%, ROE 20%, PE net cash is about 10x, possible bonus after one year, or coincide with going main board. One catalyst I can see is the expansion of its capacity in 2018. Patient is the name of the game. At 30 sen, reasonable. Interesting biz model.
"The Group completed the formulation of its mineral ,semi-synthetic and fully synthetic automotive lubricants in 2016. The mineral , semi-synthetic and fully synthetic automotive lubricants are available in the size of 4L, 5L, 18L bottle and 200L drum under the brand SOLMAX. The Group also provides OEM blending and packaging services to its customers. The Group intends to expand its local and overseas market by working closely with distributors.
In order to support the Group growing business activities and operations, the Group has committed RM11mil to construct an office and new assembly facility at Technology Park Malaysia. It will also have state of the art training facilities for both local and overseas customers. The Construction is expected to be completed by 1H2018. This facility is expected to enhance our corporate image and boost our local and international standing in the technical training industry."
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....
Force
1,418 posts
Posted by Force > 2017-06-06 06:49 | Report Abuse
Solution still few year time to success