well... people sell to u cheap... u think cheap... buy je la... why still need consider so many things? hahaha.... If Ikea sell u at discount price, why u rush to buy and no consider so much?
Net cash generated from operating activities as at 30 Sept 2017 is RM 34.334 m . This is excellent results with good collection from trade receivables worth RM 31.241 m. Cash equivalents increased from RM 4.307m to RM 14.253 m within the same period ended from Sept 2016 to Sept 2017, showing an increased of about RM 10 m . YKGI is a good company , very diligent in cost management.
Buy YKGI stocks now while it is still cheap, an opportunity to invest long term since this year is exciting with many BIG projects going to take place in our nation especially the HSR. This HSR, is really a big one and need a lot of STEEL !
RM getting stronger daily. Oil prices getting better daily too. Govt revenue will grow, reserves will grow too. More infrastructure and more steel needed. YKGI will shine again.
Hi SuperHeroes, yes Ykgi has rested enough. The good news are, 1. Ringgit now 3.98 to USD, meaning import cost of raw materials reduced, 2. China control steel production due to air pollution thus cutting oversupply globally, 3. Ykgi has a fantastic cash flow from operating activities of RM 34.334 m, 4. Govt revenue increased due to oil , hence more budget for infrastructure.
As our ringgit gets stronger, imported cost of raw materials gets cheaper. This will improve the bottom line ie profit will increased. Steel supply gets tighter too, hence the selling price of steel gets higher. This will increased both the revenue and profit for Ykgi. Buy, hold and keep Ykgi shares.
No worries sir, the bank borrowings dropped by 10% , revenue up by 25%, soon this cheap stock will not be cheap anymore. Plus cash flow from operating activities is RM 34.334 m which is fantastic !
Finally......ykgi is UP UP UP......why ? Simple reason. The RM is stronger, cost of raw materials to make steel dropped and China is cutting production of steel because of pollution
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: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 305 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11534 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main 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....
sitia
1,261 posts
Posted by sitia > 2017-11-17 00:04 | Report Abuse
Anti dumping issue- checked, weakening currency- checked, stiff competition- checked, convert land and properties to ease the debts-checked.
But YKGI still have loss after loss of quarters!
ARE AL THE MANAGING DIRECTOR SLEEPING????!
X