For similar n equivalent nature of business module and operation such as Pohuat. It's Price has been positive upward with strong support, likely to hit rm 2 soon imo...
I hope that I know. But anyway positive development on USD and new segment after successful bought sawmill and plywood hopefully will increase revenue.
For a new factory I think not so fast can contribute significantly as alot repair cost and start up costs need to take into consideration as just completed the purchase ..
Let hope forthcoming q result will lead us the next direction and better clear picture of company financial standing with their factories' operation and production imo.
bullmoney , calvinteo look like this counter is like dead wood nothing will happen despite of good performance and in right industry. Only good for those want to park the money there n wait a long long time...than you will be rewarded.
kelvin17- whether dead wood or not as cited is immaterial to me as I will keep it for medium and long term investment. I top up when noticed Kenanga Growth Fund has > 5% control stake and in top 2/ 3 list with 6.0936 M shares. (reference AR 2017-as at 28/9/17)
IMO plywood production is the essential for SK to growth despite strong demand and good price now as per article from Bullmoney.
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....
calvinteo
330 posts
Posted by calvinteo > 2016-09-21 01:39 | Report Abuse
Factory already operation and expect more revenue imo.
Price estimate can hit at 1.40 to 1.50 and then RM 1.60 to 1.70 as cites.
But RM 9.90 to RM 10, Pls enlighten.