I would suggest you to read their past 10yrs profit & loss statement instead of the past two years and understand their businesses before buying. happy investing.
Watch this video, Jack Ma talked about the future of e-Commerce and Data-based Economy (CeBit) recently, he expects this industry to grow rapidly worldwide:
CJKorea plans to build up Century Logistics to become the hub in Malaysia and ASEAN region in this industry, so the prospects should be bright if you believe in Jack Ma's vision...
Don't worry, the main shareholder CJKorea buying at the price of 1.4 per share. He give chance for us to accumulate and earn more. Ang pao koney for the coming 2017. Haha
now Mr Phua can retire and enjoy his life..next, hope the koreans will give some welcoming gift to shareholders..and continue the decent dividend payout :)
keep calm, business got up and down...as long as got profit and giving out dividend is good especially in this bad times. If u check, most of the companies are having declined qr profits. Furthermore, century is giving out 47.6% of its earnings in this tough times is reasonable. Once the multi warehouse completed, rental will add into revenue and positive business synergy with CJ korea will boom. I believe Century's target to become 500mil market cap company will still intact.
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....
imlearning
869 posts
Posted by imlearning > 2016-10-06 21:05 | Report Abuse
up to 1.00 then down down down to .920