Yes , rev the engine again. There is no need to panic. Margin call was the reason for the fall over the last few days. Final year results anytime between now and 28th february, 2019.
This quarter is an indication of further weakening profit in the coming quarter. Strengthening of RM is definitely not in favor of FPI. RM is expected to appreciate this year. So watch out guys.
RM0.68 netcash per share is good. but Divident drop from 16.6 to 14.8 this year. eventhough revenue is 21% higher than last year, but EBITDA is flat with - 0.1%
management blame it to higher USD exchange rate and wages.
if PE<10 is a safe price to go in, but current price is quite attractive, let see if tomorrow it drop or not
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....
SuperPanda
11,431 posts
Posted by SuperPanda > 2018-12-20 15:48 | Report Abuse
lets see another 2 weeks till new year