I have read attachment for quarter report & must agree it's a poor result. The trading division recorded approx. 4.3mil drop in net profit & this is after including higher cooking oil sales
Yee Lee didn't do much advertisement thus it must be BTL & trade activities that eat into its net profit. Example, buy 10 cartons free 2 cartons to retailers and TPR and/or multi-units discount to consumers
Spritzer, Redbull & Oldtown are most likely used the tactics compared with Campbell. I will keep Yee Lee for now & will sell if no improvement on next quarter report
Revenue still increaseing.. Why you guys behave like company going to close down soon lol... Relax as long you didn't chase high.. Yeelee still one of the best and steady stock :)
Cannot drop? You must be kidding. Newbie? No matter how good or how strong a share is when sentiment is bad all shares can drop. One fine example is TNB, in 1978it plunged to 2.47.
From consumer standpoint, i am seeing more promotion on other brands cooking oil (especially Lam Soon group). The insider buying back in Jun is to exercise their option (acquire share at lower price) and not open market purchase, so i won't take it as a positive sign. Stable company, but i don't see any potential of growth in short term.
The Board of Directors of Spritzer wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved its request for trading suspension pending release of an announcement in relation to the fund raising exercise
gentlemen my stock picked has no problem as always i knew big shareholders still holding the biggest stake in it. I will not worry about it unless they dump the shares else i wont sell hahahah
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 2026 views | 6 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 1702 views | 7 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
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....
Cornerstone
617 posts
Posted by Cornerstone > 2017-05-31 14:26 | Report Abuse
but this stock always sleeping...