Thank you for your detail explanation Sifu Calvin. 60M cash is a very strong support. The big Tai Koh are still accumulating. The shares will be less floating in the open market. Ultimately only one trajectory. Upwards.
Sifu Calvin......the minute you share your thoughts and ideas in this forum, investors are motivated. You share facts through your research and it is not main tembak punya. Kita sekarang perlu tambah saham jika ada ada Dana atau tunggu dgn sabar saham ini melonjak ke langit. Terima kasih banyak banyak sifu Calvin.
Aside from good profit for this QR, please take a look at the other & trade payables of the company. QR1 = 4.1m, QR2 = 18.5m, this QR2 = 29.8m, i believe the main reason is due to their customers are willing to pay in advance to secure their orders, which means sales of the company is secured in the coming QRs.
This one I think hold for long term. 80c priced in current earnings but doesn't take into account future growth prospect. The profit margins have improved, and so will the volume. @Jackyyaya made an accurate observation, order books are filled up for some time to come. Let the glove market be oversaturated, but this glove former only got Esceram that is listed.
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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....
Samuelgold
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Posted by Samuelgold > 2021-03-15 09:08 | Report Abuse
Hi JF, pls add me too. TQ.