if the stock no undervalue, why the company still need continuously until now to purchase back their share? today is 5th day another 172,000 unit is purchased by them.
Company keep buy back means undervalue liao. What u are waiting for . Just buy in all the shares operator queue. Vessel aldy start contribute revenue in Q1. Expect more in Q 2 as it is full 3 months revenue . Profit margin around 20% for vessel. In addition Samchen also report higher profit in Q3 2017. All signal show strong profit in next quarter. Use cold eye strategy buy at low price with explosive growth in future to maximize ur wealth.
I notice someone keep dump at 0.795. Can Q 78 to 795. They are willing to sell but coy keep the price at least 79.5.In early this yr management indicate share price worth at least 1.50. So if you believe them just buy and wait to maximize return. Stategy buy low and sell high..
Q1 result lower due to one off 1.9m corporate expenses and also ramadan of 1 months affects its s sales . Expect to pick up in Q2. This is what i found out.
wouldnt this company be affected by stronger Myr just like hevea? correct me if im wrong... most of their earnings are from export which would translate into heavier exchange loss.. ?
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wilsonchan87
332 posts
Posted by wilsonchan87 > 2017-11-22 17:23 | Report Abuse
4th time share-buy back.Total 5,000 unit is purchased. look like company dont want it drop below 0.8