the management always doing something irrelevant or unimportant instead of focusing on the business...this is what I notice through their official social media...transportation & logistics sector is uptrend now but look at the share price...most likely up coming qr will be disappointing again...
market is bullish but this counter continue going south like usual I believe haven't reach the ''dip''...I have bad feeling about this coming qr gonna be ugly :(
You would think that with the popularity of online businesses, logistics companies would be having a roaring time.
When I looked at the performance of CJ Century, I found that its share price had been trending down since peaking in mid-2022. When I looked at its ROE, I also found that it had declined from its 2014 peak.
CJ Century is focussed on its legacy logistics businesses – total logistics and procurement logistics. The EBIT margins for these 2 businesses have been declining since 2015. The Group needs to improve its operations to arrest the decline. However, it does not have a clear track record of delivering operating improvements.
To deliver a sufficient same margin of safety from the Earnings Value, CJ Century needs to achieve 11% better performance than its past 2 years average. Can it deliver this with just the legacy businesses?
CJ Century ventured into the couriers services sector in 2016 but have since divested this loss making venture. You wonder why it did not tap big into serving the growing online fulfillments services. https://www.youtube.com/watch?v=OIYcku46jwc
Terrible result...useless management...really worth RM1.45 per share? Net profit not even 1% base on revenue...revenue going south again really sick and tired of this counter...
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....
weixuan0325
138 posts
Posted by weixuan0325 > 2024-02-26 13:31 | Report Abuse
buy call from TA again lol...