If that RM12 land sale is bookable as profit for Q2FY19, and add to that expected better performance for palm oil businesses in terms of better profit margins & increases in sheer export volumes, then there is good chance for TDM to show net profit for Q2FY19.
TDM used to be one of my favorite counter long time ago. I'm falling in love with TDM again yesterday :) I like stock counters which have double engine businesses. Transformation of HealthCare is a good move for TDM to diverisfy from Palm Oil Plantation. Same as MKH, from property developer to palm oil plantation.
In, addition, that AmInvest prediction is based on pure TA only. If we combine with FA, I would add another 10 sen to the upside part, at the very least.
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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....
bulldog
12,157 posts
Posted by bulldog > 2019-04-24 09:45 | Report Abuse
Bulldog still waiting the distribution time to release half of the bullet