Plywood price increase and good demand especially from oversea countries, japan Olympic and trade war.
Current price I guess shld be very attractive and abt the same entry price of the latest 3 largest shareholder, I.e. kenanga Growth Fund via cimb commerce trustee Bhd., with 5% share control holding stake.
Let hope this month Quarter announcement result can be green again in particular from kiln drying & saw mill and processing & trading segments.as compare to last Q.
2017/3/31 —. 746 k 2017/6/30 —. (156) k 2017/9/30. —. 1.719 M 2017 /12/31. —. 4,25 M
2018/3/31. — ?
If with three consecutive attain profits, may we consider to be a turn around company start from 2018 ?
when market is up he is same when market is down he will be down so end up like this . Nobody know about this counter so even the coming result is good will be no effect on share price. susah la
1 of the things one need to consider when investing in "quiet" and "uncovered" stocks is that, the stock will be relatively little, or no transactions most of the time, as the floating shares are little, and very few, or no research firms have researched on it. Investing in such stocks require homework, and more importantly, patience.
actually the QoQ is not so well ya, the material costs and labor costs ate into the profits, need to see the costs are contained first before people will jump in, or jump out...escalation of costs will be disastrous...
Calvinteo you are right the company is making good profit and in the right industry. the problem is nobody know about this counter so share price not moving and no buying support . It needs a push to the top 20 like evergreen so people knows the bosses are sleeping ...zzzz.
look like price going back to before , wasted time n effort to move the counter a little to create some interest among investors but now like going back to square one . hayo........ the bosses must be a bunch old people
IMO another turnaround furniture company can be considered based on their following PAT track record: - 2015 -- RM 2.153M 2016 -- - RM 1.335M (acquire production factories at Gua Musang & Kuala Krai) 2017 -- RM 1.46M 2018 -- RM 9.08M 2019 [Q1 + Q2] - 5.984M
For full content of the article, you can refer to The Busy Weekly in which the MD Mr Low/ Chua Peng Sian, being the major shareholder to be solely interviewed by The Busy Weekly appeared for the first time in the media.
Wa calvinteo if your information are correct this company has great prospect profit from 1 m to 10 m and beyond . Pl forward the article in The Busy weekly here can or not like to read it . But there is no publicity for this company nobody know there are doing so well.....
Wa AndK just for 3 qtr the profit already close to 10m , as i said the profit is growing rapidly from 1m to 10 m and beyond in recent years as tabulated by calvinteo . Unfortunately it is still sleeping...zzzzz
waiting for who to discover ? It is not a secret and everybody can see their performance in the announcement. Making so much profit pay la some dividend than more people will come to buy the shares
sorry not remain the same but drop ... How could that possible profit from 1m to 10 m share price drop from 0.5 to 0.45 , The co should maintain their profit at 1m better la . no wonder the fund managers see also scare ..pretend not to discover ha ha ...
Look like this time is for real must be very good result expected this year and many future years to come , If can continue like this investors confident will be good and reaching high price before 26 th August is not a problem
Its so difficult for the market to see that the counter in active with increasing volume trading, But look like its going to die off and become a waste of effort . Dont go to sleep again .....
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 > 2018-05-14 12:45 | Report Abuse
Agreed with Mr kelvin and Mr. Bullmoney.
Plywood price increase and good demand especially from oversea countries, japan Olympic and trade war.
Current price I guess shld be very attractive and abt the same entry price of the latest 3 largest shareholder, I.e. kenanga Growth Fund via cimb commerce trustee Bhd., with 5% share control holding stake.
Let hope this month Quarter announcement result can be green again in particular from kiln drying & saw mill and processing & trading segments.as compare to last Q.
2017/3/31 —. 746 k
2017/6/30 —. (156) k
2017/9/30. —. 1.719 M
2017 /12/31. —. 4,25 M
2018/3/31. — ?
If with three consecutive attain profits, may we consider to be a turn around company start from 2018 ?
IMO- invest and or trade at your own risk!