Looking at weekly chart you can say that it had gone down for 2 weeks prior to QR. Meaning the price today already cost in the bad QR. Let's hope for better weeks to come.
Posted by arman70 > Feb 28, 2020 12:24 AM | Report Abuse
However, I wonder why they always post losses on Q4 for many years consecutively.
***** QR4 is weak because of the cyclical nature of its business - it follows the European school term because >70% of their revenue is from Germany and the rest of Europe.
I can see that the new management is working on initiatives to expand faster in Asia starting with China last October... This will improve the business and smooth out the curve as Asian school starts in January unlike in Europe in Fall.
If this Q4 can break that trend, then PELIKAN will be great!
Even though i have pelikan , i wish mahathir immediately stepdown and disappear in this world. PLEASE MATHATIR DISAPPEAR IN THIS WORLD. DON'T LET RAKYAT SUFFER BECOZ OF YOUR GILA KUASA.
call for dewan rakyat meeting was cancelled... wait for Agong to announce... uncertainty make market bearish.. all stock in deep red sea.. all about politician want to get power..
90% of schools globally are closed. With Europe covid 19 cases increasing, you can expect Pelikan's main market to be depressed in the foreseeable future.
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....
arman70
324 posts
Posted by arman70 > 2020-02-27 20:40 | Report Abuse
FY net profit increased.