INVESTMENT 101. When a company is still OK and gives quarterly dividend for many years, any price drops is an buying opportunity. The tough question is whether the current price (RM1. 85) is a good buy or not??
One director sold some shares( very small quantity) on December last year at the range of RM1. 86 to RM2. 04.
So, buy shares at this moment is outsmart the director.... Lol
Sales from Can segment is about 20% of overall sales of Johotin.
While dairies sales is about 80%
Increase in Tin price definitely affects margin of can segment, but they can subsequently transfer the cost to their customers, applicable to new sales orders.
Guess you are underestimate Johotin capability. Once the new factory (in Klang) set up and kick off production, we might as well compare Johotin to her sibling group like Dutch Lady or F&N. Only time can tell...
@Pinky "I Think" is not the investment strategy equation. Setting up new a huge factory for business expansion is a investment strategy. This thing is in their projection and indirectly translate to bigger earning. Then it makes sense to compare to her siblings..
dont over estimate things. sometimes you bound to have challenges. RM3 is pretty conservative i know, but my expectation wont be too high still until we have more light in results coming
I like the keyword "Conservative".. Yeah, you are right, we never know when covid 19 will lock down Mexico or Malaysia again (hope no) . Indirectly it will affect the production. Thus conservative figure is acceptable.
Agreed to paperplane, this is longer term investment, there are always challenges ahead. Result is key to go up.
The results of Johotin in the past were in the pattern of little down & up, down little & washed out weaker holders, thereafter good results came in & price went higher than before, not all the time smooth
pay quite high actually. but i think fair given that companies continue grow bigger and bigger in near future. Can justify as long as they pay me dividend lah! hahaha
I tried to retrieve the financial statements of Able Perfect, but the company filed private exempt certs for the past 10 years, so don’t have the financial information of that company
Last two weeks, only one day traded RM1. 76 (lowest) followed RM1. 79 (two days). Anyway, the volume transactions (below RM1. 8) was very small on those days. You are lucky if you managed to secure those small lots.
Knowing that Johotin is so good, don't hesitate, buy lah....
People in this forum are more sincere in their write up, and many have done substantial homework/studies in Johotin.
Anyway, this is not a buy call yeah. But, just information sharing.
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....
Bushden
90 posts
Posted by Bushden > 2021-01-01 12:32 | Report Abuse
Johotin has created ACENDING TRIANGLE PATTERN.. Monday sure fly.. Buy b4 too late