Shareholder Paid up-80million shares of 50 cts each Owner-Dato Chuah Chin Lai and wife Datin Fong M/D- owns 32.2% of company Dividend:Proposed Final Dividend- 1cts for year ended 31/3/2014.To be paid later Buisness: Manufacturing-57 million goes to manufacturing Construction -35million goes to construction Manufacturing sales-more than 65% export market Net profit - 6.9 million(More than 90% from property and manufacturing) Main operations-2 large factories on 3.3 acres site in district of Hilir Perak.About 3-5 small lots for workers. - Owns other properties for development(Expansion) Apart from its main buisnesses of garment manufacturing and direct selling,construction and property development has trmendously grown since year 2012. Major contract secured are 1) Sept 2012- Rm48 million from Felcra to construct 300 units of houses for Felcra settlers.(2 year duration)..Notes: Full payment will get by September this year.Revenue will increase 2)Dec 2013- Rm97.2 million from Felcra to construct 770 units for Felcra in Perak.Duration-2years Financial Gearing-relatively low 0.33 Net debt- 4.3 million(Its very low) Cash - 9.5 million NTA - 0.92 per share..
Since last year it has show a very strong revenue. This year if it can continue & earn more, sure can reach 70 sen above very soon. My fren gang tp 80 sen on tis stock. wow...Bt tis stock really has show a very storng fundamental & with P/E as low as 6.3. I tp it is RM 1.00. i foresee it bright future.
Hi, midas. I follow u to this room. Saw many counter u step in, just within a month or 2 months, the price will rise. I has look through caely financial report, gain my interest on it. And i do believe u fren tips quite reliable. Let me join in u group. Ok?
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....
iioldes
28 posts
Posted by iioldes > 2014-05-29 13:00 | Report Abuse
I also heard this company have many orders,But worry profit increase, then share drop.