God invest.. You can go tecguan forum refer on it.. Tecguan 80% sales in USd and 73% cost in myr.. With this type of high exchange rate.. It's like a hidden gem.. Their last year report was a loss which cause their pe looks so high.. If u look at their recent quarter report.. It's has total of around 13eps in the latest 2 quarter report.. Annualized pe will be 13 x 2 = 26sen..most importantly, the previous 2 report which make profit, the used exchange rate is not as high as now.. So do u think a company sell in usd and buy in myr can have a bad quarter report? Do ur research.. Icon had wrote article about it.. U can see it in tecguan's forum..
Annualized EPS of 20 should be quite credible, as Johotin is more toward F&B industry's. It should command a higher PE ratio moving forward.It is understandable with fluctuation in the short term amid the domestic and external challenges.The management will fix the shortcomings to mitigate impact so as to elevate it to higher level in the long run.
at current price is already far exceeded the fair value...many retailers will be trapped when those bought low profit take and run to other counters...cautious
these jokers either lost money from other counters or have sold off johotin n trying 2 get cheaper thus create panic 2 those still holding.....shame on u ....just like signature counter...giving nonsense statements!!!!!!!!!!
think of it...dont you think 2.80 is good to profit take first before anyone does it?..it's already all time high...apa lu mau lagi...the QR isn't not even shining...lousy results...
Zbaikitree hello fella. Where hv u been? Last round u made and cabut, gd move. U really promote johotin yeah? Well i always believe in this ctr, juz like i believe in xox.. So together we huat here there and here!
that's not even apple to apple comparison....still dreaming la it will up some more...ask yourself who will buy from you at 2.70???....u must be nuts...memang tin kosong
Please read the latest quarterly report. The report said Johotin is in the completion of building new F&B factory for milk powder and soon production of milk powder will be increased substantially. This is one of the main reasons why Johotin's share shoot up a lot. There are many times a good counter will report one not-so-good quarterly report that can't match investor's expectation especially price shot up a lot. But if you realize that the production will be increased hugely and you must have patience, you will be rewarded accordingly. So, I do not think so price will crash down hugely. Price will likely stay at RM2.60 & above. At RM2.60, there are over 6 day's price consolidation there. Good night.
Relax everyone...the johotin factory is still producing profit. If not this quarter...there are many more quarters. The world has not end yet. Just hold a bit longer. If need cut loss/ take lesser profit, be positive always. Cheers!
My cost for Johortin is very low. Nevertheless, I am still disappointed with the result : 1). Johortin managed to increase revenue from 60 million to 90 million. The increase in revenue is consistent but that does not translate to consistent performance in profit. Apparently there is a margin erosion in some of the business. 2). In terms of cash flow and forex management, Johortin management seems to be not paying much attention. Perhaps they are more focused on manufacturing activities then financial management.
Starting new factory is not easy. Given the track record of Johortin management, we may see negative cash flow in the next quarter due to inventory for factory startup. I emphasize, may.
I will sell half of my Johortin. I am still interested in their business and new factory.
Posted by StockLearner > Nov 25, 2015 12:22 AM | Report Abuse
Please read the latest quarterly report. The report said Johotin is in the completion of building new F&B factory for milk powder and soon production of milk powder will be increased substantially. This is one of the main reasons why Johotin's share shoot up a lot. There are many times a good counter will report one not-so-good quarterly report that can't match investor's expectation especially price shot up a lot. But if you realize that the production will be increased hugely and you must have patience, you will be rewarded accordingly. So, I do not think so price will crash down hugely. Price will likely stay at RM2.60 & above. At RM2.60, there are over 6 day's price consolidation there. Good night.
these buggers are Yistock and I-CON888 syndicate mules....they will keep luring poor investors in...to buy this TIN KOSONG...sekarang...jangan makan abalone...makan SEEHUM...
Despite constant swearing from bro icon, I personally still prefer Can-One, bigger, stronger and shrewder.....unfortunately at the price now, it may have priced in already the Kian Joo factor...lets see the coming quarter report then compare with Johotin.
There is a great mismatch in expectancy of its EPS. I mean to expect 10sen (or even 7 sen) EPS and actually get 3.5sen.
If you want to invest, must do some homework lah, rather than relying on bloggers. If you care to check, the CEO of JTB disposed 326k warrant at 0.841 per warrant on 19/11/2015. A comment that I have made in this forum but brushed aside by someone......
But if you just want to speculate, the bloggers will serve you alright.
Don't get angry. I am just stating my 2 sen worth.
Head and shoulder , technical analysis chart is normal. Guys, i have been mentioned all these 2 week ago after i sold away by share. I said not every day "chinese new year"right??
Bro icon will appear after he has found inspiration to write part 9 on Johotin and why Q4 will be even much better.....
But my 2 cents worth, the Q2 results is a one-time affairs. Revenue almost doubled for a simple fact - to get rid of old stocks accumulated in 2014 (high stocks - another comment which I have made in this forum). That's why you see the stocks reduced so much in Q2 and reduced further in Q3.
Furthermore, the new factory has yet to be ready even by now, how would the revenue nearly doubled in Q2?
To me Q3 is the normal results of Johotin which we can benchmark on. Not Q2.
Sold off my Johotin, due to confidence level to the management is low. First observation, before the during quality issue last year, the top share holder is selling the share before the event.. Now the exactly same situation, before the Q report release, CEO disposing the share day by day..
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....
Jokerforever
82 posts
Posted by Jokerforever > 2015-11-24 20:40 | Report Abuse
God invest.. You can go tecguan forum refer on it.. Tecguan 80% sales in USd and 73% cost in myr.. With this type of high exchange rate.. It's like a hidden gem.. Their last year report was a loss which cause their pe looks so high.. If u look at their recent quarter report.. It's has total of around 13eps in the latest 2 quarter report.. Annualized pe will be 13 x 2 = 26sen..most importantly, the previous 2 report which make profit, the used exchange rate is not as high as now.. So do u think a company sell in usd and buy in myr can have a bad quarter report? Do ur research.. Icon had wrote article about it.. U can see it in tecguan's forum..