"The [performance in the] second half will remain strong. Our [processing] plants are running at near full capacity and [have] sold out this year. In fact, we are now selling next year’s capacity. For the first half of 2020, we are almost 50% sold. Thus, our books are considered closed for the year,” says Tay"
Joe Ng....not directors selling or buying. If u are refering to the announcement, those are the shares they are entitled to after the bonus issue and warrants. It is BURSA regulations to annouce one’s stake whenever there is an increase or decrease in stake. Based on their previous holdings, those are their emtitlement of bunis and warrants. Of course they may have sold off some of the warrants or mother in the market. But judging from their close grip on the company, this may not be the scenario. Most of the directors are not keen to tr their holding as what i read in their press statements
The cocoa grinder said its net profit rose 42% year-on-year to RM61 million for the second quarter ended June 30, 2019 (2QFY19) from RM43.03 million, thanks to higher sales of cocoa products, which pushed revenue up 53% to RM753.06 million from RM491.58 million.
Based on latest q, results os commendable but not big surprise. If we expect 4q to be the same of sligthly higher we are lookkng at EPS of 50 sen before bonus and warrants. At 2.51, thebstock is trading ard 10x PER already
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3324 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
longranger
220 posts
Posted by longranger > 2019-11-14 08:40 | Report Abuse
"The [performance in the] second half will remain strong. Our [processing] plants are running at near full capacity and [have] sold out this year. In fact, we are now selling next year’s capacity. For the first half of 2020, we are almost 50% sold. Thus, our books are considered closed for the year,” says Tay"