Queuing volume increasing by the day. Pretty much around the bottom prices already. Can start collecting around the 52-55c range. Anything below 52c would be the shark's game-play to frighten the smallholders to collect more. Expecting good results this month end continuing all the way to the 4th quarter. YoY results are going to be good if this year's targetted (Q1+Q2+Q3)=(last year's Q1+2+3+4), then this coming Q4 would be a free winning game point for the YoY earnings.
I have an opposite opinion from you , I see everyday got people selling slowly that is the reason share price heading south ... May be the coming Q result is not impressive or even made loss .. : (
The support level is bouncing at the 51c price range if you look at the charts. It's around seabed prices already, as unclesam mentioned. Quarterly results are usually compared by looking at this year Q1 vs last year's Q1, this year's Q2 vs last year's Q2. That's what unclesam meant I think.
Yes WeiKoon. Exactly. Can you see what I'm eyeing? Looks promising to you? Hehehe. klsefighter, look at the buy-sell price queues throughout the day to see whether it is the market or the big fishes harvesting on this counter.
It should be good, their coming quarter will be their q3, which is based on dec, jan, feb. That's when the ringgit was still around 4. Their financial year end is May just fyi, @klsefighter. I'm assuming a lot of people are overlooking on this.
this share got operator monitor closely one, every time a buying up will follow by a selling down .. it seems that the operator purposely dun allow the price to advance..dun know what game they are playing ? may be the coming result is bad and the operator try to dispose as many shares as possible. just my 2 cents.. : (
The operator already left this counter since Jan 2016.. Same gang that playing kobay and pensonic according to rumors . That is the reason why no body support the share price and it drop from 0.835 to current level. Better change counter than wasting time here.
The result where got impressive , that's why the share price keep dropping lor .... 3 Q only managed to achieved eps 3.8 cents if 4 Q not performing well than really go Holland... Sigh!
Good vibes today. Results were acceptable. Slowly but surely, I have no worries. Wonder how the ringgit will fare with the exit of Zeti. The profit in this company is there, but the amplification effect lies with the ringgit and the growth of its' financing businesses, ie Fibon Capital.
Fuhhh! What's the occassion guys! Hahaha. Operators probably want to start catching the market's attention. They should be done accumulating anytime soon.
Yeah I agree: with all the fiasco and economic questions unanswered . Country will still go on; so will business. Recovery time. many stuck high and dry. Cannot sail until tide is right. depends on sentiment of buyers rom the looks of it .
It will all boil down to financial results in the upcoming QR. Downward risks is much lower after considering the share price correction for the past 6 months.
Dividends have increased, coming QR should definitely be good. Acquisition of foreign company also supports and show good signs of expansion as well. I wonder what's brewing in this company.
Yup higher 1.25c dividend proposed, can do more plus biz expansion Net Cash: $29.115M or 0.297/share 3QYTD EPS 3.08c Price now @0.505 Forward PE 12.3 NTA 0.42 Let's see QR soon this week
This company is the definition of value. Sitting on a pile of cash covering half their share price, with no debts and gearing, and superb current ratio of 26times and quick ratio of 25 times. Asset to liability is 42mil to 2mil which makes 21 times coverage. On top of that, their profit margins are gross 6x% and net 3x%. And nobody seems to notice this company yet.
We hit a 6-year high! Highest profits ever recorded in 6 years. With the business expansion, this will be only the beginning of a new level. Good job Fibon!
Low risk, no debt, no gearing, protected with a lot of liquid assets, thus not a lot of downside risk and exposure on this company, their currencies moreover are in AUD and SGD, any weakness of RM will expand the profits of this company.
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....
Imsam
799 posts
Posted by Imsam > 2016-04-06 10:19 | Report Abuse
0.53 high chance to get it...