Lets say company reduce debt with extra income and maintain EPS for 2 more quarter, if based on current current PE 7.6 it still worth 2.60. Buy or not?
Can the company maintain the margin? Revenue increase only a little compared to last year but profit almost double.
Check the details saw that they made RM32.5mil profit from gain from commodity futures and options. Is that sustainable?
First quarter the same gain from commodity futures and option was -RM2.3mil Second quarter 17 it was gain of RM7mil. Third quarter 17 it was gain of RM5.4mil.
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....
Bigbull99
1,104 posts
Posted by Bigbull99 > 2018-08-16 09:35 | Report Abuse
Bullish even in terrible market conditions. Good sign.