I don't care whether the price up or down after I post the article, that wasn't the purpose of the article plus my way of investing isn't short term. I was asking how to make my article tied in with LATITUD forum?
Solid fundamental stocks will always prevail. Time is the best friend of a good company.
In my opinion, even with 0% growth, the company is already fairly valued. Calculate P/E,net cash holdings and let's assume 0% growth for the next 5 years. I calculated it to be fairly valued at current price.
last q announces somewhere 30 May, price after annoucement is around 5.20 for the next few days..
this q reported lower profit due to additional 2.5 mil forex loss and additional 7 mil tax compared to last q, beside that the core earnings more or less same as last q, see how low it can go or panic sell .... think this stock is for value investor, kiki
Market cap drop by 40million, annual net profits drop by 3.7million.
The Group has recorded higher gross profit from RM28.1 million in the preceding quarter compared to RM31.3 million in current quarter, representing an increase of 11.4%. The substantial increase was mainly due to the followings:
1) increase in sales of better margin products 2) better results achieved by upstream factories.
Something wrong with its Vietnam operation. Its profit margin drop to 9.6% from 11.5%, and tax shot up to 27% from 19%. Vietnam is its main contributor. This negative impact could affect its peer - Poh Huat too. Just take note. Poh Huat main contributor is also come from Vietnam.
Posted by yewyin33 > Aug 31, 2017 05:37 AM | Report Abuse
Below is the email from Maybank broker Mr Soo Wing Hoe to confirm the trading of my nominee Yap Sung Pang who is my nephew, on 30 Aug 2017. Yap bought a total of 1,272,000 Jaks shares out of 1,480,000 shares traded the whole day.
Many uninformed and weak holders dumped their holdings as soon as they saw Jaks'poor 2nd Q result. They cannot see that JAKS will have to report the Rm 140 million from land sale and more profit from its power plant contract to generate electricity to sell to the Vietnamese Government for 25 years in the next 1 or 2 quarters.
The profit growth prospect is the most powerful catalyst to move share price. Smart investors will buy before the announcement of good profit and stupid idiots will sell before the announcement.
I hope more weak holders will continue to sell so that I can buy some more at cheaper prices.
Koon Yew Yin
---------- Forwarded message ---------- From: Soo Wing Hoe <firstname.lastname@example.org> Date: Wed, Aug 30, 2017 at 5:08 PM Subject: Yap Sung Pang BM060200: Trade Confirmation As At 30.8.2017 To: Yap Sung Pang <email@example.com> Cc: koon yewyin <firstname.lastname@example.org>
Refer to the above matter, the following trades done is as below:
BUY JAKS 1,117,600 units @ RM 1.3298
SELL LATITUD 35,400 units @ RM 4.8490
SELL HENGYUAN 20,000 units @ RM 7.5330
SELL SENDAI 60,000 units @ RM 1.1400
BUY JAKS 155,600 units @ RM 1.3332
Soo Wing Hoe | Assistant Manager, Private Client Services
only time will tell who will be the winner, in a short run market is a voting machine while in a long run it is a weighing machine. My view is that this company is still full of positives that overweight the negatives.
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 rkgfantasy > 2017-08-03 11:12 | Report Abuse
a taiwan guy sold 1million share i see from bursa~
wonder who is the buyer~