maybe stockrider is buying because he say his average price is 12++ ma.....so now drop so much ...must average down and support loh....if not, lose a lot.
For OTB: "Wall Street is the only place that people ride to in a Rolls-Royce to get advice from those who take the subway."
As mentioned before, there could be several reasons to this scenario: 1. The previous good results is to get loan only. 2. China mother co has problems due to strict environmental enforcement. And Others.
You can see it coming when three important directors resigned together, and the ONE cent dividend.
This is business sense I guess, long live KYY. Yeah! (As my appreciation for restoration of justice in this country)
By looking at the price movement of this counter, it is likely the following:
1. newbies = DEAD 2. traders = mostly dead, some did well (if they are not greedy) 3. Those bought below 5 & not yet sell = regretted not to sell above RM15, now continue dream
Why look at dead stock last week asked all look construction see Gamuda earn 20cent bye bye.... fajar... I hold all the way these be jackpot... Forsetation wood log revenue big surge, property Melbourne Australia TOP 95%rate, construction only 30%of group revenue.. for high end balancing highway and tunnelling... Precision engineering... Recent drop is stupid overdone... last year start doing well 2 cent dividen... Up to date already 7times profit compare last year... Management promise dividen payout since 2016 turn green... What dividen sharing will it give these year for 2017.... It will fly back sooner or later
Hengyuan Refining Co Bhd’s 1Q2018 net profit fell 69.0% Y.o.Y to RM86.8 mln as margins fell due to a lower crack spread for motor gas. Revenue for the quarter, however, increased 4.4% Y.o.Y to RM3.06 bln. (The Edge Daily)
<<< Posted by 3iii > May 22, 2018 08:19 AM | Report Abuse X
Questions you should answer:
1. Is the revenue increasing? 2. Is the net profit increasing? 3. Is its cash from operation and free cash flow increasing? 4. What is its net debt level? 5. What is its interest incurred?
Going forward:
1. Upgrading is delayed. 2. Shut down time.
>>>
Posted by 陳彥霆 > May 22, 2018 01:26 PM | Report Abuse
Reasons for lower net profit for Q1 2018:
1. There is a rm 22mil tax incurred in this quarter (Q1 2018), should be a deferred tax .
2. the purchases is higher at RM 2,887,057,000 compared to RM 2,535,953,000 for Q1 2017. This makes the slight increase in revenue not apparent.
3. Higher finance cost (RM 28,371,000) due to higher borrowing.
Overall, the financial position is still good, and the selling down is overdone.
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....
3iii
12,923 posts
Posted by 3iii > 2018-05-22 10:31 | Report Abuse
De musang king is also spotted in Pudu market working for ahfah.