this counter is definitely for long term. the next quarter might be better or worse. if worse u can buy cheaper, if better u no chance buy cheap. u see to me, if u are a long term holder it really doesnt matter. if down just average down la.
this still a good cmpny but at current perception not much interest and support for above rm3, there are better stocks out there which can give better and earlier return..
in my watchlist i better pick serbadk, vs or inari
im not holding iq bcoz i hve mmsv.. only keep 1 stock for each sector.. but below rm3 should be good price.. qtr rpt to be release soon, if can hit >4m profit, sure will gain
Hi superpanda, just read the past 5 years report of mmsv, I like the company, here's my 2 cents,
Both company worth 200m market cap, so if I got 200m to buy just 1 company, which will I choose?
Hmm, If I buy iq, based on last 5 year results, if the company stagnate - 10 years earnings I can earn back If I buy mmsv, based on 5 years, 30 years to earn back if the company no change on profits
Both company no debt... But Iq got 60m in cash Mmsv got 8m in cash
Iq does oem to US, Europe, Germany. But they also transitioning to do own design product ( which explain last quarter lower profits due to new launching) and got ang moh director. Mmsv does oem to.... Dunno who. Can't find list of their customers. You would probably know better since you research their company before buying their stock? Can update? Id like to know more.
Iq did 200 million in sales last year, and increase around 5% every year with more r&d soon the way. Their profit was 35 million. Mmsv does... 35 million in sales. Profit was 8 million I think? But of course this year looking to hit at least 15m, but caveat from last 10 year progression tells me 8m was the average profit so it seems like an abberation so will need to look at the next 2 quarters to see how, but seems good for now.
In either case investing in the end it's still a bet, just now calculated and risk controllable compared to casino. But for now IQGROUP is still the safer bet for the long term. Of course, mmsv just doubled it's revenue this year, but is the premium worth it?
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no more show = collect time