not so soon 2.50 slow and steady... new factory capacity utilisation also take times. The debtors got 1 to 3 months credit term perhaps? money flow in also gonna be next quarter results. So, for those buy and hold for a few weeks one, better run.
Wellcal is a good fundamental with strong cash flow company... with current currency crisis (USD 4) now, believed this will bring more profit / revenue to this quarter financial.. don't forget, new plant already operate.....
Wellcall export the mandrel hose to whole world, with current USD up to RM4, and raw material especially rubber is at lower price.. plus since last year, WELLCALL already cut down manpower and implemented automation line.. all these factors should give WELLCALL in good revenue for coming quarter.. pgboy88, you are right, buy at lower price..
Wellcall results for coming few quarters sure good. But current market will drag the price down even good result. Sep 15 another tough month where US might raise the interest rate. I still love Wellcall. Continue to monitor
OMG.... now u bought the company. You owned it, u should know how the company is doing and how much it worth. Go to agm ask the management what's the future. Visit the company in ipoh. I see its office outlook is most fresh and well maintained among all. Saturday they still working.
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....
1218
7 posts
Posted by 1218 > 2015-07-30 11:37 | Report Abuse
new research with new target price will come up.....now is the preparation before the research spread to market.