Exactly....WA up almost 100% within 2-3 weeks before Q result, unless the Q result is superb good (even superb good chances of buy on rumour n sell on facts is high)
the chance for super good quarter result 30% only,this is because the trade volume for mother share & WA only half of friday volume,but price shut up too fast,sure got somebody try to run away.my friend be caution,may be result wil come out today evening or tomorrow.this trade patent quite similar with last year big drop patent
WA sold off already,keep mother share & add 10 lot at 1.22 due to so impressive result.just highlight this company repay 48mil loan within this year.it indicate how strong their finance report.
For the tin manufacturing segment, revenue increased by RM2.58 million from RM20.39 million to RM22.97 million mainly due to higher sales in the printing services. Profit before tax increased by RM4.41 million to RM4.95 million for the current quarter as compared to RM0.54 million in the preceding year corresponding quarter, mainly due to higher sales revenue and lower material costs. For the F&B segment, revenue increased by RM15.58 million from RM77.32 million to RM92.9 million due to higher sales on dairy products. The profit before tax increased by RM5.39 million from RM4.39 million in the preceding year corresponding quarter as compared to RM9.78 million for the current quarter under review mainly due to foreign exchange gain on financial settlement.
need to find out how much is the foreign exchange gain on F&B segment, to me that's important factor to determine whether the price will continue to go up, pure forex gain will not help to push the price up, last quarter foreign exchange gain is around $3m.
Anyone can advise here, the QR seem like don't have this details.
watch out the reported eps. It is not divided by total outstanding shares post split. It should be around 4.3 sen pre-dilution. But, still a remarkable result.
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....
CharlesT
14,890 posts
Posted by CharlesT > 2016-11-21 12:57 | Report Abuse
I just wanna warn on Black Nov last year...lol