kahhoeng, I understand why you are disappointed with the profit but it is still a decent profit. Cannot compare with last year because of disposal of BJauto. The most disappointing is actually the price, trading at PER below 2 times. Eventhough there is so much profit ( 850mil in FYE20150), and the price is dirt cheap, nobody wants. Those already in are now waiting to dispose when the price goes up 1 or 2 sen. This is the problem.
See how BJcorpse started trading this morning eventhogh after the announcement of a decent profit for Q2? Investors throw down 5000 lots at 38sen. This is the most manipulated stock in KLCI.
BJcon said....when price lower we will buy back share to support the price... yet no buy back share @ all until now...maybe they think stil not the lowest......hahahaha...management no1...
My feel is after BjCorp-CY matured the price will be pushed up first and then a new set of warrants issued at higher price in tandam, with that the issuer will earn even more!
Wishing everybody in BjCorp a happy & prosperous 2016... may the strength for an upsurge be with BJCorp, may lots of happy words and praises be heard in this forum throughout the year 2016. Cheers!!!
lets hope the vietnam lottery starts operation in this first quater, its very positive for its price movement when vietnam economy is up in folds as reliable sources has reported
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....
myview
3,285 posts
Posted by myview > 2015-12-30 08:56 | Report Abuse
kahhoeng, I understand why you are disappointed with the profit but it is still a decent profit. Cannot compare with last year because of disposal of BJauto. The most disappointing is actually the price, trading at PER below 2 times. Eventhough there is so much profit ( 850mil in FYE20150),
and the price is dirt cheap, nobody wants. Those already in are now waiting to dispose when the price goes up 1 or 2 sen. This is the problem.