"The market outlook for the Group is expected to remains challenging in the next financial year." --- hate when the words " remains challenging" appeared :(
really a commendable result ... If we ignore all the "other" factors such as other income, PBT stood at 29m vs 23m (YoY basis)
* there is a hike in admistrative cost from 4.2m to 7.6m , and there was a exceptional 5.2m gain vs 1.6m gain this year. * Hence, the result appears to be flat, but the bottomline is really improving. * Suddenly the wire mesh segment that they ventured into suffered from profit dips by 70% ... * DIY Segment doing very well. * This kind of FCF generation power, 1 more year and CHINWEL will be really debt free (if they choose to repay the debts)
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....
hueyyng27
298 posts
Posted by hueyyng27 > 2017-09-06 17:32 | Report Abuse
"The market outlook for the Group is expected to remains challenging in the next financial year." --- hate when the words " remains challenging" appeared :(