agree! And yet GST not sure will implement or not. I think they only throw some puppet to test water. Today Guan Eng said will not implement. Let's see on the Annual Budget Malaysia
I did a study on this counter, and found that 4Q18 (EPS= 2.70sen) and 1Q19(EPS= 1.30sen), has a big difference. I want to find out WHY? and found in the Q report:
Comparison with immediate preceding quarter's results: Group revenue at RM45.7 million was 9% lower compared with RM50.2 million of the immediate preceding quarter due to lower sales attained by the optical and related products as well as food and beverage businesses. Consequently, the Group registered profit before tax at RM3.2 million, 40% lower compared with RM5.3 million of the immediate preceding quarter in view of lower profitability attained by the optical and related products business.
My conclusion is, optical and related products business are the main business of the group (>85%), and this business has very volatile earning margin!
Firehawk based my own research, this company will get higher profit when the revenue is higher...u can compared with the 2017 and 2016... Just my personal opinion
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....
William Ng
893 posts
Posted by William Ng > 2019-09-12 17:28 | Report Abuse
No bad news is good news, wait for next dividend~