Qr meant for tomorrow. The timing of the QR doesn't matter unless you're mainly thinking of momentum trading. This counter is more suited for value investors, and at this price I think is good for adding. Took advantage of the dip to 52 cents today.
actually this qr profit > last 3 qr profit, it would be 18m if no ESOS. Next qr is going to hit another high level, its revenue will cont hit high as long as there are expansion of glove companies.
According to ESCERAM (0100) 2021 Q4 financial report, Current Liabilities shown that totals Contract Liability is RM 43,843,825. (Revenue 2021 Q4 = RM 42,772,000)
This indirectly tells us a very important information. That is, ESCERAM (0100) next quarter-2022 Q1 earnings will be higher than this explosive growth in 2021 Q4.
If we can confirm that next quarter-2022 Q1 earnings will be higher than this explosive growth in 2021 Q4, and known that EPS of ESCERAM (0100) 2021 Q4 is 2.88. Then we can calculate the conservative and reasonable stock price of ESCERAM (0100). Fantastic!!!
Remarks: “Contract liability” is the supplier obligation which requires to transfer of goods or service to the customer as the customer already make a prepayment. However, the company will require to record the contract liability even customer not yet pay if it is a non-cancellable contract. Contract liability is also known as unearned or deferred revenue.
As predicted, if any member of Parliment call for a windfall tax on glove producers, all glove stocks will nose dive. Syed Saddiq has just did that today. Last year the Big Four had contributed hundreds of Millions to the government. Government knows that they can't afford to impose the windfall tax. Glove manufacturers will shift overseas.
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Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-07-25 10:51 |
Post removed.Why?