the current asset or the cash in hand can make them survive many many quarter of no output, just that the profitability is gone temporarily because of covid.
Base on previous trend, I think it is time for price going up soon up to 0.59-0.62, but only last 1-2 days, then this forum will hot again and people start feel optimistic, after 1-2 days, it drop back to around 0.57 again, and this forum silent again. This trend happen many times for 1-3 years.
This QR should be no surprise base on previous price trend. Wait until March better. When FED increase rate + Indian kid forecast + Pandemic, that time should be lowest price, around 0.5, buy at that time
Cost pressure has been mounting especially after Russia started invading Ukraine. Homeriz may not be able to pass down all cost increases to its customers. The next two quarters’ results should be subdued.
Homeritz positioning as an ODM, will enable the group to pass on the soaring raw material prices by adjusting its selling price by introducing new designs. Analysts are bullish on this stock and 6 others as the country opens up. Read more: https://www.smallcapasia.com/7-interesting-stock-ideas-for-may-my/
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....
Posted by SHOB > 2021-10-29 09:36 | Report Abuse
collect more is cheap now.
next qtr will be good