Revenue increase by 26.7%, profit before tax decrease due to weakening of USD & rising cost of raw materials. However, net profit 7.3m increase slightly in comparison with previous quarter. QR is within expectation in this challenging times !
I perfer jay corp, then other due to no of shares 137m,current eps 9.15cts and div yeild 6.6%.Some more jay corp net cash company,recently earning main contributed were from furniture and carton boxes.these two segments q to q improved more than 22%.it may propose bonus issue.poh huat recently has comments that,it has recieved order from customers till jun already.
Revenue should grow more... it is a good start. Homeritz has reach 50m++ this quarter. Hopefully next quarter will reach 60M+.
Even if profit margin take a hit, it should be a good start and they can work to improve margin later on. I would have sold if revenue didnt grew since it showed the same figure every quarter.
Double digit ROE, healthy cash flow, expanding business at low PE. Indeed a hidden gem. Please keep it at low price for a little longer so that I can buy more. Thanks.
Prepare RM100k when it drop to RM0.55, another RM100k when it drop to RM0.5. After that wait till US start increase rate. USD will become stronger. At that time price start jump. It will happen within 3 years, probably start next year. Currently 0.55 almost same as 0.6x before bonus issue, it will be a good range to accumulate
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sokowanda
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Posted by sokowanda > 2021-01-13 11:24 | Report Abuse
这个老板没有 RM1.00 的命。