I believed Q2 revenue will increase and beat the previous Q. They is definitely advantage on the forest gain but not sure what is the profit margin going to be like. Scientex and Bpplas have margin squeeze due to increase in raw material. Furthermore the foreign workers issue got worst. Not sure how much this will affect their operation.
By looking at the results from BPPLAS today, it seems that the demand of plastic packaging is still increasing and the qoq profit increases 66%. It means the resin price was lower during the past three months but the demand of plastic packaging is still there. Looks like TGUAN is going to do really well this time.
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 ChunWong93 > 2 months ago | Report Abuse
Nice. Steady up