I think the current business and levels of profit is good. But the acquisition of Evermix does not look like a good use of all the cash that the company accumulate
treetopview I will lodge complaints to the authorities on this and dont simply let them exploit us so easily. Should my complaint fail, then I will never get involved in the Malaysian share market anymore.
Don't be too negative over the offer to buy Evermix. One of the evermix director sold his former business to ES n helped in listing of ES many years ago eventually over the years ES is doing well slowly he did contribute some efforts n do good for shareholders I hope this is a another good acquisition
Everyone said this counter is good, fundamental, but.... share price not stable at all....... no movement upwards. I only can say, u need to hold for 10 years then you said investing in long term is the way to go?
Andy, Im really not very good in figures n reading all the reports. But I do think both accountants Mr Wong n Mr Tan know how to calculate n do business If I invest in ES I have to trust both of them n let them work for me. Haha. Individual view la. This co definitely will not ended like King beast said PN 17. Thats lagi illogical. I think u like to talk facts n same to me
For a company with 3 to 5 years of experience, 10% to 20% can really be a good cagr for sales. On the other hand, 8% to 12% can be considered as a good cagr for sales of a company with more than 10 years of experience into same business.
Kingbeast, Without prejudice, in my opinion this might be due to poor corporate governance being practiced and investors lost confident in this counter. A very good example is that when huge profit is being made, the Management will try to take away the profit out of the company for the benefit of certain intended parties, and those investors who invested in them based on the outlook of the performance of the company will be victimized and suffer losses in the end, end up having no dividend received, pricing keep going down etc.
For now the consensus opinion of the acquisition seems bleak and sour. Indeed it may seem so, but let's see what upside surprise this counter can provide in the future. What if the majority opinion is proven wrong on the contrary in years to come? Unlikely yes it appears so. But you never know lol
Is over. I don’t understand why people kept saying this counter is fundamental. Bursa is so funny that if this counter is not likeable, no matter what they do, share price will still go down.
Where are the people who keep this counter is very fundamental? That’s why I said the management really damn poor in marketing. Business sometimes must do a bit of marketing and publicity lah.... hide in caves, no one will know you la.
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....
Kingbeast
649 posts
Posted by Kingbeast > 2022-05-11 18:34 | Report Abuse
Good business but management fails or. I think the most logic is the company is owned by the owner’s relative or blood line