James Ng commented on LUXCHEM last few days and tonight he just commented on adventa
Yes, James is quite a well balanced commentator. Not bad
Adventa recent profit was a one-off asset disposal that brought in Cash plus the giving out of 7 sen dividend in Jan 2020 caused priced to spiked past 90 sen then
By looking at past quarter accounts adventa still has operating losses
The game changer was the Face Mask demand factor equation that James failed to highlight when MAS suddenly announced All Flight passengers must wear face masks as well as Singapore mandate that every citizen must wear a mask on leaving their home
However, Adventa has surged too high too fast to the surprise of all
This is Calvin advise
If you are day trader or contra player please be very careful but longer term should still be ok as earnings expected to play catchup
Facemask not profitable due to high cost of raw materials which hv skyrocketed due to spike in worldwide demand. Furthermore there is price cap of RM1. 50/mask fr domestic market and export has been banned.
Tguan sells drinking straw with even lower profit margin yet doing very well as there is volume
Sikit sikit jadi bukit
If all 30 million Malaysia use face masks every month just change twice a week will be 8x30 million of 240 million face masks alone not counting gloves, isolation gown sanitizer and others
To those who already made good profit from the counter, don't bad mouthed the company in order to buy back at lower price for your own selfish benefits!
Who says Adventa is not in glove anymore, stop quoting random sources. Adventa is flying because they do!!! There is a saying called cannot eat grape but call grape sour.
Everyone thinks their rubber glove segment is only held under Aspion.. ha.. ha.. ha.. Let the bear come to the house and the bull will whack each of them flat on the face
Referring to FY19 Q4 on 12 months ended 31/12/2019 :
Revenue = RM 38.88 million
Operating Expenses = RM 46.49 million
ie : Loss of RM ( 7.61 )million
Profit of RM 21.9 million is from Disposal of asset .. Electron Beam Sdn Bhd with selling price RM 31.73 million .
PPE is reduced from 2018 RM 48.9 million to 2019 RM 16.48 million .. SCARY ..
FY16 Revenue is 40 mil .. profit 0.7 million
FY17 Revenue is 44 mil ..profit 0.1 million
FY18 Revenue is 43 mil .. profit 2.1 million
FY18 Revenue is 17 mil .. Loss ( 28 ) million
We are pleased to announce that Electron Beam Sdn Bhd is now part of STERIS, a leading provider of infection prevention and other procedural products and services. The additional capacity allows the newly combined organization the opportunity to provide Customers in southeast Asia with a technology-neutral sterilization service offering including electron beam, ethylene oxide, and gamma technologies.
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calvintaneng
56,153 posts
Posted by calvintaneng > 2020-04-25 22:17 | Report Abuse
Posted by James Ng > Apr 25, 2020 9:32 PM | Report Abuse
https://klse.i3investor.com/blogs/general/2020-04-25-story-h1506136514...
[转贴] [Facebook live video:浅谈Adventa bhd (Adventa)] - James的股票投资James Share Investing
James Ng commented on LUXCHEM last few days and tonight he just commented on adventa
Yes, James is quite a well balanced commentator. Not bad
Adventa recent profit was a one-off asset disposal that brought in Cash plus the giving out of 7 sen dividend in Jan 2020 caused priced to spiked past 90 sen then
By looking at past quarter accounts adventa still has operating losses
The game changer was the Face Mask demand factor equation that James failed to highlight when MAS suddenly announced All Flight passengers must wear face masks as well as Singapore mandate that every citizen must wear a mask on leaving their home
However, Adventa has surged too high too fast to the surprise of all
This is Calvin advise
If you are day trader or contra player please be very careful but longer term should still be ok as earnings expected to play catchup
Regards
Calvin