Now lardy super low lah compare 10 year record. I believe their price is 2.00 . May look to push up soon if QR looks good. Theyre the leader in making parks for automobile industry
Their losing business is suspension and heat exchanger. Both of this is due to the raw material which is steel but steel price has came down abit and I think steel price has hit the the lowest in 2019 and it is the same as in 2017. It forecast to go down another 10%. So, I only hope that this 2 segment dun make money, nevermind but only dun lost la. Now coming to money making segment is the interior and plastic. APM profit margin in this segment is 27%. With the price and synthetic rubber lower, I believed it will increase it profit margin. More new model coming out, so more new parts suppliers need to keep and this increase APM sales....i think only la...not logic meh??
Also, u see the daily volume is very low. Like EPF selling only. Once epf exhausted its holding, i guess if u cannot go down any lower, u can only go up kua..... Anyway, APM will release the result in November which is anytime today till month-end.So let see got any good surprises. If bad 1....no need give....lol
I hope bad QR, because bad QR, EPF will sell, then u can collect at lower price, probably below RM2. The only time u collect good counter is when it produces bad results. But that is temporary, long-term it will return to its normal track and u earn by buying when it is dipped down.
yes, EPF already ceased to be substantial S/H,but it still has about 10 millions shares in hand. It will sell anytime when there is a bad news. Of course, it will also buy more.
The only thing we don't know is when EPF is buying or selling, just guessing, when the price down couple with huge volume, then assumption is EPF is selling..
I plan to buy with every 10c drop starting from 1.99 all the way to 1.59. If it really can drop all the way to 1.59 and below, this company really a holland company. Coz the cash on hand after deduct all borrowing is RM1.60......
Nepo, dun expect too much on the QR. I think the QR is decent only. The profit margin is alway around 4 to 5%. So this round if it can score a profit margin of 8 to 10%, then it will give apm share price breath of life. WIth low plastic resin price and also steel price, i hope apm can take advantage of this and report a decent QR
weida....mana ada RM1.85 per share? If not mistaken, boss say cash is 1.50 oni oh.....u contribute the balance 35c ah?......
Ncm, yes....profit from palstic and interior. I do not have high hope on the heat exchange and suspension to make money. Dun lose money is enuf a'dy....lol. So, hope the low steel price can help this segment. If still report loss ah.....can go fire management during agm....lol....
Lol Weida......u r more optismistic than the CEO. Must also deduct borrowing ma. but i like your way of thinking.....Must recommend you to take over the CEO position. APM sure fly.....
From 2Q report "The Group’s financial position remains relatively healthy with a net cash position (=cash and cash equivalent + other investment – bank borrowing) of RM296.3 million. "
Read the edge and it report MBMR 3Q profit net profit up by 45% due to higher perodua sales. If not mistaken, most of the interior, suspension, heat exchanger using APM. APM got chance to up 45% also ka???....wishful thinking...
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....
Ncm88
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Posted by Ncm88 > 2019-11-14 14:00 | Report Abuse
Now lardy super low lah compare 10 year record. I believe their price is 2.00 . May look to push up soon if QR looks good. Theyre the leader in making parks for automobile industry