chilllah, just accumulate a small batch, keep in mind now downtrend dun fight the wave, in the long run still healthy, if fill dao 1.5 i alrdy put aside money to acquire a larger batch :3
Already Read AR, doesn’t give much pictures on exactly what is the current status of the company, except giving big pictures on the global & us market news
Look at Liihen latest QR as at 31 Dec 2020, YoY revenue increased 25% but gross profit dropped 3%. QoQ revenue dropped 6.4% but gross profit dropped 30%. Shipping cost is main factor for exporters
Furniture order still hot!, Coming qtr EPS maybe will be a bit lower(normal for 1 qtr(Nov-Jan)). Short term maybe would see price move between 1.5x to 1.7x for 3 to 4 months.
FOB stands for “free on board” or “freight on board” and is a designation that is used to indicate when liability and ownership of goods is transferred from a seller to a buyer.
Free on Board:
Free on board indicates whether the seller or the buyer is liable for goods that are damaged or destroyed during shipping. When used with an identified physical location, the designation determines which party has responsibility for the payment of the freight charges and at what point title for the shipment passes from the seller to the buyer.
In international shipping, for example, “FOB [name of originating port]” means that the seller (consignor) is responsible for transportation of the goods to the port of shipment and the cost of loading. The buyer (consignee) pays the costs of ocean freight, insurance, unloading, and transportation from the arrival port to the final destination. The seller passes the risk to the buyer when the goods are loaded at the originating port.
Yes, I am , Serbadk I invest on May'20 but buy used wrong method. Therefore I change investment based on fundamental but need knowledge on technical analyst as well in order get better. FYI , yes , it works for me but sometime make mistakes as well.
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!
MQ Trader 112 views | 11 h ago
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New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 382 views | 4 d ago
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New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd 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....
bullrun1985
1,271 posts
Posted by bullrun1985 > 2021-02-23 09:40 | Report Abuse
anyone can tell me why Liihen drop like water fall this few days