007: low PE is simply result of division of price by earnings, which means 1] earnings increased or 2] price felt down, TOMEI is the case for both right now, reason for price downside is questionable, but I dont see any problem there
When your earnings are increasing and your share price is decreasing, it means there's something wrong somewhere......Look at Serbadk..... increasing profits, decreasing share price and everyone can see the problems there now....
you cant compare serba and tomei; tomei has no issues, if you are aware of something, let us know. what I see there was just a panic selling caused by 'speculators' who jump in previously expecting fast and huge profits, that did not happen so now they are selling off. Malaysian bursa is very specific infor this, in european markets for example people are much more rational and valuations reflect that From what I know and see, tomei has a very good fundamentals and promising future and it means (for me at least) a good buy opportunity during this non-logic sell off
All Tomei outlets already closed for 1 month, and continue to close indefinitely. Do you still think company can make money if nobody come to buy? Salary of workers and Directors still have to pay in full. Rental on shopping malls still have to pay. Only hope is gold price shoot past USD 2000..........
In good times, people Buys Gold rings etc...In Bad times, people Sell Gold Rings---Tomei biz is recession Proof. But lock-Down is a Balls smasher for Tomei
Gold slipped on Tuesday to its lowest since mid-April as the dollar strengthened in the run-up to this week’s U.S. jobs report, which is expected to come in strong and could cement the Federal Reserve’s recent hawkish stance.
Spot gold fell 0.93% to $1,761.66 per ounce by 01:39 pm EDT after touching $1,749.20, its lowest since April 15. U.S. gold futures settled down 1% at $1,763.60.
MILOSH SIFU, where are you??? please write some beautiful reports back buy all fundamental fundamental finacial data lah, eversince your sifu mentor uncle KYY ask to sell all klse stks (tomei included), sp of tomei drop like a ton of bricks lah. pls lah many ikan bilis oledi cry until no tears left, or dont tell me you also quietly join your sifu uncle KYY and run away????
sniper - im not sifu and I did not see you here when tomei went up... but yes tomei fundamentals did not changed, in my opinion its not wise to "sell all" right now, as everything negative should be priced in already, im staying almost fully invested at around 80%, I will buy on dip
FMCO most of the Tomei outlet close for so long. Employees have to take unpaid leave. So I expect Q2 2021 revenue down. Temporary don't buy and wait for Q2'21 result.
4 a guy like u, who imvest so much of ur time churning out fundamental fundamental write ups wit impressive n glowing financial financial rqtios u must a sifu. anyway u obviuosly hv gor a short memory. last mth wen i disagree wit u, u told me 2 GET LOST N LEAVE!!!
sniper: I dont remember be so unpolite, if yes im sorry, I welcome any opinion and never force anyone to follow them, im just sharing whats on my mind at the moment, if you dislike my post, please just ignore
Milosh.. it’s not contra post… it’s that rm1.30 plus for tomei is overvalued.. it’s definitely below rm1 as of now… wake up … it’s too late for u I suppose… it’s about the price ..
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....
milosh
377 posts
Posted by milosh > 2021-06-28 12:12 | Report Abuse
pulse: longterm it should go way over your entry, just give it a time...