Based on FR, net profit is higher due to lower operating expenses despite having higher revenue. This means better sales margin. Financial costs also drop by half in comparison to preceding year corresponding quarter. All this when calculated will lead to a better net profit for this quarter despite being tax higher.
honestly this is undervalue stock. more to go massive profit and meat ahead must always remember stone need time to polish become a gem.hahahha see u at rm2
1. The higher revenue and profit was mainly due to the increase in steel price. Hence, Profit Margin improved. You may see current year is higher profit margin in the 5 years time.
2. Based on company 2016 annual report there was stated 16,436,534 MYR Foreign Sales. 1Q17 = 2,986,000 MYR 2Q17 = 12,864,000 MYR 3Q17 11,981,000 MYR So, Thanks to foreign demand, local demand also picking up. You may see current year is higher revenue in the 5 years time. 3. Profit also will hit higher in 5 years time.
All of these Revenue, Profit Margin and Profit will be hitting the 5 year highest soon....waiting for coming Q417. Don't you believe me ? Check all data from AR & QR and have a look on the Revenue, Profit Margin & Profit Chart illustration from: http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7162
Normally this kind of break out... Will attract a lot late comers all said wanna buy on t4. But shark is not going to push up again for few more Weeks or after next quartets at least. Avoid
Sure break down... Shark know all people will run after break down but gey will collect from there. And push again 1-3 months later. They not in a hurry to make money compare retailers
Please . Do some homework. Open astino chart, check back previous break out... All break support and go lower before new wave after few weeks.... When all retailers flushed out d
You must be super rich because you can identify this out, figure out the movement of syndicate while no one else this can be real. Please give us some guidance sifu...
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x6158xxxxx
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Posted by x6158xxxxx > 2017-06-30 23:48 | Report Abuse
actually after studying FR, I have a same idea with ImCK
but as kevin008 said, how come this qtr profit will be that high? any sifu can teach?