Indo Tech Transformers June 2023 Sales at Rs 93.22 crore, up 72% Y-o-Y, net profit jump 188% Y/Y
Reported Standalone quarterly numbers for Indo Tech Transformers are: Net Sales at Rs 93.22 crore in June 2023 up 72.37% from Rs. 54.08 crore in June 2022.
Quarterly Net Profit at Rs. 3.54 crore in June 2023 up 187.8% from Rs. 1.23 crore in June 2022.
fundamental intact, consistent dividend with fantastic future prospect, should be able to break the peak at 2021 because sentiment is better and more realistic now compare to that time. Where a failed QR at november 2021 caused panic and the price free fall from RM1.10++ to RM0.80 below. It seems like now the QR at november 2021 is one off or just happen once in a while. Yearly EPS has no problem to keep it's PE at below 10, which can be improved to even lower PE with better EPS expected in the upcoming QRs
by the way, this is how we should analyst a stock price chart by incoorperating real time fundamental and sentiment of that time. no need to involve those meaningless techinical candles / lines / trends, these things cannot tell you what exactly is happening instead just blindly give you a prediction of where the price should move forward without real reasons
@teknikal haiya your technical stuff memang cannon behind horse la, everytime also post-mortem only. stop it la it won't help anything here or anywhere in stockmarket globally by post-mortem every price movement that already happened. when price 0.72 above you say good. when price 0.70 you say interesting... what the...
by fundamental way it is so easy here, price drop? no worry as long as fundamental intact just keep and wait for the right time to prove, no need to predict when. run only when fundamental turn bad and value no longer higher than current price
sold very few at 0.765 just now to take profit and most importantly adjust my balance to be just enough to be divided cleanly by 40, preparing for share dividend exdate, resulting with no odd lots
and I hope they don't release the QR tomorrow if it doesn't live up to expectation, because cannot sell all to leave the counter right after that because remaining share dividend will only be credited on 28 nov
of course la, paling bagus QR is good then no need sell lo
QR released, nothing special just within expectation, PE maintain and counter still undervalue. only minor positive thing is already low debt become even lower. Can hold for another 3 months to swallow dividend and wait to see next QR
no goreng but people dump the just credited share dividend instead lol, so unappreciate, guess we have we wait longer, hope company continue to do share buy back and distribute the shares as share dividend again to loyal investors
sold all at 0.705 today, overally good capital gain profit at before profit lock plus good dividend bonus. nothing bad with this counter but need cash to buy more undervalued HARBOUR and good prospect APM
so far for me myself I don't see urgency here la (no catalyst) especially I got other more potential counters to park my capital
but it is hard to say also wor can got ppl goreng also anytime without catalyst, that's why I hope wait me come back only haha
but if you got no better place park your money and you like here it is up to u to hold, at least it's fundamental still seems just nice la. need to monitor close for it's news and wait for next QR see how lo
just my little opinion ya~ no buy or sell calls I usually just comment my own buy / sell in i3 for my own records purpose ja tu, need to use them for my own future study for my pass decisions
@Albukhary same thing happened to me before too, but cannot be too distracted with that, everyday is new day in bursa, things might and might not repeat itself, better judge and reacts to odds your believe for every new situations
I also have strategy to take profit step by step la to prevent such thing happen, but sometime need to sold all too especially if leftover stakes already not that many
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....
teknikal
184 posts
Posted by teknikal > 2023-09-20 18:43 | Report Abuse
Bullish view technically due to:
1. The stock ends at 6 months high today.
2. Both RSI and MACD are strengthening.