bought it at 1.35.. the reason i bought it because my dad hold for few years, and get a really really good dividend every year..and the director is one of my dad friend in the church..nthing much..just feel quite confident to this company
The Group's profit before tax was RM4.2 million, an increase of RM2.1 million or 100.0% as compared to RM2.1 million in the preceding year corresponding quarter ended 30 September 2015. The increase was mainly attributed to higher sales revenue and lower operating expenses as a result of lower fair value loss from foreign currency forward contracts.
Result is bad because of 4 consecutive quarters reporting lower profit before tax. So the recent run-up in the share price doesn't seem justified. Let's see what's the reaction of the investing public on Monday.
And actually the GP margin still maintain high at 44% which show that the operating side is good If exclude the loss forex forward contract ....the core profit will be 4million , quite similar compare with YoY and QoQ
go study yourself and research yourself, read through all the articles about this company its very easy to understand only compare with other industry such as oil, semicon, tech, construction etc
nobody can give you advise and you is your own best advisor only
the process of research company is very interesting and enjoy it!
Profit recovery 54.8% this quarter!! The Group's profit before taxation for the current quarter was RM4.8 million, an increase of RM1.7 million or 54.8% compared to RM3.1 million in the preceding quarter ended 31 December 2016. The increase was mainly attributed to higher sales revenue and lower operating expenses as a result of the reversal of fair value loss from foreign currency forward contracts, which was recognized in the preceding quarter ended 31 December 2016.
Buying this stock is just good for those long term players who prefer good dividend . This stock reserved for player's who prefer dividend better than bank interest. Old man stock. The price move slower than the snail but very stable. Dull stock lah nothing more .
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2904 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Alex Tan
31 posts
Posted by Alex Tan > 2016-08-04 22:55 | Report Abuse
http://www.valueinvestingstock.com/single-post/2016/06/23/6-Things-I-Learned-From-Classic-Scenics-Visit