if you at the historical record of astino, not so surprising result made was due to the allowance for slow moving stock made during the year. In fact, astino generated excellent cash flow during the year.
most of the stock of astino is steel, following the hike price of steel, profit margin increase, demand recover lead to better economic of scale which lead to lower cost of production and better allocation of overhead.
walao... so geng... oversea sales increase 75% is the main reason this company up so much. Because it is so much potential that the company profil will fly to new high again
Boon's suggested this stock , it has rocketed 25 sens, now you suggested coldeyes n kyy involvement to make it $2, that means it still has $1 margin to go up. Wow how wonderful if it is true.
What happened to Astino? Today's transaction exceeded 21 million shares. Good news must be forthcoming otherwise Astino cannot be moving up so much accompanied by high volumes.
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....
csan
436 posts
Posted by csan > 2017-03-28 11:32 | Report Abuse
astino cannot be worth less than RM1. matter of time.