1.08 Yesterday. Today 1.13. My old buying price. Wonder where the tide will move. I hope higher.Bcos NTA is 1.53:EPS 19.38cents P/E Only 5.83.NO DIVdend. March Qtr earnings HIGHEST EVER. Party is just beginning. Its a game of nerves in current rainy weather.
although y-o-y net profit fall to 4.2 from 6.1m..but retained earning increase from 76m to 112m..cash & bank balances from 10m to 17m.. borrowings from 80m decrease to 56m..finance costs from 5.5m to 3.7m..
Hello all , did someone notice these lines in the latest QTR?
Quater on review- HIGHER REJECT from production due to ongoing repairs and maintenance to the plant. ( Operation management occuring problems )
Prospect- The group forsee difficult OPERATING conditions and uncertain global economic environment. (This is a strong hints from the board which they self also sense they will not doing well in the near future)
If we refer back to this year all qtr report, from Q1-Q3 most of revenue generated from others market was dropped at least 10 % - 20 %
If we exclude gain on disposal RM 35,000,000 , then whats the real net profit which generating from the business for the current qtr ?
( These all facts are some little observation from the qtr reports by myself , and this comment not indicating any parties to sell or buy. Just a sharing purposes Thanks )
Dato Ng only get 24k shares from his general offer. That is a very strong hint that the 90 cents offer was way too low. Dato didn't pay RM100m only to get into trouble later. Particle board market is booming with huge demand from china, meddle east, korea and especially Japan preparing for its olympic 2020. The lipis plant is recovering from fire. Compare the results with Q2 will see encouraging signals that 2017 would be the year to look forward to.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3141 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
DK66
4,269 posts
Posted by DK66 > 2016-11-08 15:11 | Report Abuse
Isn't oversea markets usually fetching better pricing ?