Stocks move when nobody believes, price surge when people started to doubt, and when people finally realise the true value, tik tok .... ( CAREPLS, 2020 )
just offering my 2 cents here; I have checked Luster Industries Bhd's most recent Quarter Report. Financially speaking, I can attest that this company is indeed a healthy company. Their debts are not overweight relative to the assets that the company owns. Also, whoever said they do not have much cash, do you speak from just pure speculation or read any financial report released by the company's auditor? I have seen its net cash balance and it does indeed have a cash balance of specifically MYR24,328,000. It is common for listed companies to find an alternate method to raise funds for a new venture and undoubtedly, a partnered venture with other firms is the most preferable method. Although the company's NOSH is a massive amount of 2billion something, the market cap is considerably small compared with other companies such as HLT. It still has plenty of upside room for growth; even if by *goreng2* standards. Anyway, we're all here to make money, why not work together and push the share price up? Cheers.
The real value of the Profit Guarantee is NOT in the earnings!
The profit guarantee of RM200mn is just kacang puteh, as it only translates to about 5 sen EPS guarantee. If execution of glove rollout is as planned, can forget about the RM200mn as the earnings will be much much higher!
What is the biggest risk with all these new entrants to gloves? It is failure to execute and rollout.
The real value of the Profit Guarantee is that now the JV partner of Luster cannot afford to fail! Otherwise the profit guarantee kicks in and they have to pay. Building in the profit guarantee into the contract shows high confidence in executing the gloves rollout.
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....
acepilot12
53 posts
Posted by acepilot12 > 2020-10-20 17:04 | Report Abuse
im at 0.285.. should stay?