china comoany always is the black sheep here in malaysia..fault auditor reports and balance sheet..but so far, this company has been cash rich but dont understand why they still need cash. but as for now, jib bro has joined. it should be able to bring some impacts to it short term.
report can be fake one too, i afraid la. I don't like this kind of goreng stock but since top vol today, just join u all to talk about. No plan to touch. i think many scared from past drastic drop. Now cannot move fast because of scary to hold. anyway, i will monitor to see how powerful it can go with effects of nj bro.
This company have good growth prospects, look at its fundamentals:
FY2013 unaudited revenue : RM 350 mil FY2013 unaudited profit after tax : RM 56 (roughly 16%)
Net Assets per Share : RM 0.59
This company appeared a few times in papers mentioning that it targets to achieve double digit growth this year.
With addition on new director, Dato Nazim, the company is surely planning long term strategic moves.
Recently the company shot to a new high of RM 0.60+ but was targeted by short sellers hence why the price had sharply declined by 50% within few days. Now with this new development, hopefully the share price will trend upwards & move towards the desired original direction of the company.
he no need monitor company, that's why he's the Non-Executive Deputy Chairman ma, with his name, he can 'get' more project for the company actually.... this is Malaysia!! XDD
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....
Investhor
532 posts
Posted by Investhor > 2014-03-11 12:33 | Report Abuse
TP rm2 in 1 months time!mari terbang sama2