I agree. Although panic selling happened at the market open, but the share was absorbed then. Suggested that crocs are accumulating while retailers were scared off the bad quarter. What difference bwn retailers and businessman is that "long term prospective". Retailer focus on short term benefit and forget about the future prospect of company.
Correction or adjustment, u need to understand what the Q2 result going to look like, it was 11.4mil in revenue and 3.6mil net profit a year ago. I will not buy now...
Nope :( nasdaq 15K oso no help - only matter is the coming qtr n the reason the price up could be due to this http://www.thestar.com.my/business/business-news/2016/04/23/semicon-support-firms-upbeat/ IF that tiramisu lover Sia knows how to calculate n not high on those sugar like last time when his meaning of Flat was a loss :( - the 2nd qtr results will be the highest ever n u know results is the only one tat matters - price will follow :) AND i'm not speculating nor ejaculating - that is what Mr Sweet tooth said
otherwise u can ask hitnrun who advised a couple of weeks ago do not get trapped again- he/she seems to be hitting it korrectly the last couple of qtrs - depends on who u trust - mr tiramisu or mr/ms hitnrun :)
haha Frank that's a good one. HitnRun spotted on the last few quarters. For the coming quarter, I do believe the results will be better but not much as last Q2 was a high quarter. The equipment suppliers in this area are upbeat in Q2 and Q3.
Barger u Hitnrun LOL now .615 then u come out n said u buying since 50 cents. Lucky my cost still below .50 but anyway since you've been right a few times give u a pass this time LOL. next time take care of others too la - u bought at .50 at least let others know at say .52 mah after u bought LOL
@Techplay - I oso share same opinion with you in that this coming qtr will be tough to match last year's as the last few qtr results really below expectation but seeing the buying from the chow kah directors and the increasing volume lately Mr Sweet tooth n his insiders r likely collecting due to much better coming qtr - now I'm speculating hor hehe n with OUR insider HitnRun ( never would have thought that I actually believe him/her LOL ) maybe this time Mr Tiramisu finally got his math right LOL- I HOPE - :)
Don't just hope Frank, react to it. U think .615 is already peak? Anyway I m glad yr cost is below .50, see you at .70 any time from now. By the way what is last year's Q2 result? 11mil revenue and 3 mil net profit?? Hard to beat this number?? I will buy MORE.
secret1q blog dated 8.7.2016: Based on the news earlier by Nanyang , it stated that the revenue expected to increase by 20% for the 1st half of 2016. http://www.enanyang.my/news/20160507/%E6%B1%BD%E8%BD%A6%E9%A2%86%E5%9F%9F%E6%8E%A8%E5%8A%A8br-mms%E5%88%9B%E6%8A%95%E9%94%80%E5%94%AE%E7%9C%8B%E5%A2%9E20/ 2016 1st half revenue is at RM19.084 Mil, 20% increase in revenue will make the revenue to acheive RM22.9 Mil by 1st half 2016. From here we can expect the Q2 2016 revenue is RM22.9 Mil minus Q1 2016 revenue which is RM3.844 Mil which will become RM19.056 Mil of revenue for the Q2 revenue ------------------------------------ If 11.4 mil revenue can get 2.19 sen EPS, then 19.056 mil may get about 3.66 sen EPS !! It is possible for the company to record historical quarter result in coming Q2 2016.
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lloydlim
3,966 posts
Posted by lloydlim > 2016-05-20 00:40 | Report Abuse
Very soon but nothing to scare, just dun expect too much!