Overreacting is also denial of positive parts of results - if purely operational results, Q1 2018 is actually better than Q1 2017. Q4 2017 includes the book buying season by schools.
Overspeculated share. That is why you dont take one quarter of good earnings, annualized it by multiplying by 4, and slap a 10x PE on the stock. Dont try this at home. Only smart i3 analysts does that.
Muda is a guaranteed 20% drop on the next trading day.
Their report says competition from imported paper, doesnt make sense at all since China are the main supplier and they themselves are short of supply of paper & packaging. Management hiding profit for sure for cheap accumulation.
For Q1 2018 , the actual operational profit is double the profit of Q1 2017. (15mil-3mil)-(18mil-12mil)= 6mil. 100% qtr to qtr compare. Revenue also about 15% increase RM3.80 is on the track. Good luck
the adjusted pre-tax profit of RM19.4 million for the current quarter under review was 2.4 times higher than the adjusted pre-tax profit of RM8.2 million in the previous corresponding quarter.
Quarterly revenue climbed 17.33% to RM371.59 million compared with RM316.72 million last year
The EPS should be more than 6 cents if not due to higher tax. The first quarter is the weakest quarter, followed by second quarter, third quarter and the strongest 4th quarter. The earning is sustainable for the whole year and annual EPS for 2018 should be 25-30 cents.
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....
Tongkarat
7,588 posts
Posted by Tongkarat > 2018-05-28 16:24 | Report Abuse
Young and cun...