I agreed wif u guys...Lets wait and see... My fund for marry stuck in this stock..cos i trust it will fly! dun b greedy la bro..0.3 cents no problem one! :)
Fundamentally, this company is OK only although the sales ramp up a lot due to recent project secured from income tax dept. Please bear in mind that the income tax project is ONE TIME OFF & the net profit margin for income tax dept is very low.
In fact, this company's net profit margin dropped already in year 2012 to 13% from 22% in 2011 & 19.8% in 2010. For 2013, Q1 & Q2 margin is OK with 13% & 23% but for Q3, the net profit margin is only 7.5%.
Why I write this? Because I concern about Warrengates especially you wish & hope this counter for ur marry stuck...
Dun fall in love with stocks especially a stock that does not have a distinctive business model. Treat this stock as a trading stock & so, if it drops below say RM0.17, a very strong support line, JUST GET OUT...
Another reason I write this because I am afraid that some big EAH shareholders may take this better one-time-off results to reduce their shareholdings with a much better price.
# Stocklearner , should be stability for the financial about the Debtor showing o/s 38 mil ....... te next quarter still is more than what u worried .....
Stocklearner , if the company is good potential , revenue & good profit . What for te main shareholder need to sale off he own shares ! Did u study te Financial Report ! May be u got the inside informer ! U know : we dun konw once !
Income tax project can sustain for 6 months. I know next quarter is fine. But how about after next quarter??? That is why I said this counter is TRADING BUY, not fundamentally buy. If I am major shareholder, I will take this opportunity to sell off a big portion of my shareholding. Anyhow, technically, this chart is still OK with strong support at RM0.17. Can still play around with it with OK general market's condition.
gud.. i top up..average down if down average up if up....let it be what will be...know what u buy n be hepi if up or down..this is stokmarket..all knows
the earlier proposed oil & gas acquisition may not be going ahead, but word on the street is that it has a better acquisition in the pipeline and is likely to secure much bigger projects from the government bodies.--------------a super star counter soon..
The proposal acquisition of Plant Offshore Company since 6th May 2013 , until now no news yet ...... if now declare to takeover also is a good attractive for the company future diversified and moving toward to the higher target level ......
stocklearner: First of all, thanks for ur alert, remind all of us who are holding EAH's shares. I totally agreed with your opinion that EAH is a trading buy coz this company is consider new listed. When the company keep growing, showing the financial result to public through the authorise auditor, you feel doubts with this company after you sold out all your shares. This show that you are selfish and try to threaten forummers here. This can cause panic selling by some forummers. We buy shares, using chart to see and analyst stock movement. Anything wrong with the say support level at RM0.17? If you feel that that is not a support level, please clarify and not just talk c0ck. Tq.
Unless theres a huge volume of 48 millions shares like 11th November, I don't see any uptrend! In fact volume has thin out for this counter! Ask other TA like Mr. Ooi or Matrixcool or whoever in this i3investor! Margin holders can t affort to constantly top up will have to force sell!
Not really for what's u mention . If there's day the Volume can achieve 50 mil shares turnover , i will consider the Syndicate will withdrawa their Game & EAH will turnover back to square . So , at this few days ( about 7 days ) the volumes is showing is balancing & cummulative for another uptrend ....... from the day 1 ( total 19 days ) to starting up 0.13 . Unless EAH prices break te gap 0.17 as closing prices ...... that's meaning to beware it ......
That's went into O&G or not , is not so important . What u mean fundamental ! The company on hand got 103 mil project going on . We assume 10% profit margin , as 10 milalready & debtor still o/s to correct 38 mil ( estimated correct inbetween 3 quarters ) . So , atlease the next 3 quarters can hit profit about 16 mil ......
Personal opinion : hope so all the poster is true advise posting , pls dun posted the without any unnecessary opinion . That's will be influence the investor to make .the right decision . Base on true fundamental .
1. Project awarded y income tax in July. Financial result is for end sept u mean that in 2 months, software design project can finish? 2 month can only end the feasibility study.
I do not think any billing is done for this project yet which will start contributing this quarter onwards
Yes . The following quarters earning profit still very comfortable showing in FA ...... about 38mil to correction inbetween 45 days to 120 days . Coz , some Client's payment term is special 90 days to 120 days . Base bon e results showing should be not including
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....
Kevin Khoo
414 posts
Posted by Kevin Khoo > 2013-11-22 10:59 | Report Abuse
BUY BUY BUY LET ME IN 0.175 PLEASE ZZ T.T