already 2 months ago still no up. wakakakiki wish you all still happy holding. learn to look at the big picture, logistic company not going to make big profit any time soon. if company is good why the boss sold?
@tan lucy there are numerous reasons/factors why owners divest their interest in businesses. They could be divesting their interest in order for a new owner who has enough financial muscles and operational scale to bring the company up to the next level. Something that the current owners might feel that they are unable to provide the company with.
In Century Logistics' case, I would think that's the case. And do you think that the buyers i.e. CJ Korea Express did not perform their own research of the market and also done a due diligence exercise before deciding to buy.
ESOS price only 0.60. If drop to 0.60, then you can start to buy..otherwise, you will be the one to absord the share throw by dircetor with price purchase only 0.60
last day prior to the bonus and split the price is about 2.10 back in 2014. 1 becomes 3 after the bonus and split. profit is 42 mil at that time and now profit is only 21 mil. after the bonus and split ex price is 70cts,now still 71cts,still expensive cos profit down by half yet the stock no drop compare to then
apolloang last day prior to the bonus and split the price is about 2.10 back in 2014. 1 becomes 3 after the bonus and split. profit is 42 mil at that time and now profit is only 21 mil. after the bonus and split ex price is 70cts,now still 71cts,still expensive cos profit down by half yet the stock no drop compare to then
Century is becoming attractive. 10 years ago, GDEX sales was only RM 68m. And now, their sales had grew to RM 250m at a CAGR of around 14%. Going forward, the last mile logistics pie is only going to become bigger once malaysia gets used to online buying.
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....
WM Niaga
1,406 posts
Posted by WM Niaga > 2017-10-11 16:42 | Report Abuse
Can BUY??