. very healthy balance sheet - strong cash in hand (29c/share)/very low liabilities maintain as last qtr the result - since revenues worked at usd ex rate 4.00-4.10 in 1st half 16 persistent in giving dividend - at least better than FD. possible usd up to help coming revenue possible ringgit down to lower operating cost. good tie-up with fu yu / subsidiaries will collect.more ONLY IF price down to the next support level. good luck!
Don't think 4Q16 will be better than 4Q15, topline has been decreasing over the last three quarters in 2016, I believe there's no exception to 4Q16..The only positive attribute is the dividend. The company invested in capacity expansion but only saw reduction in it's revenue..Hope to see it's business picking up again in 2017.
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....
mr00183
139 posts
Posted by mr00183 > 2016-10-12 17:09 | Report Abuse
Internal people got news first. Drive up the price first. Usd is strengthening. This is short term. Future of LCTH and Fu Yu is way brighter