Profit after tax is 6.3m, but 6.1m are from other income which include one-off disposal gain of machinery and test equipment and also fair value gain on investment. If we deduct all these one-off gain, the real operating profit is 0.2m.. Is it really impressive?
Affin Hwang Capital maintains the "Buy" investment rating of Kesm, and the target price is maintained at 20.60 ringgit; Kenanga Investment Bank also maintains the stock's "market perform" rating, but the target price is changed from the original 10.60 ringgit to 14.20 ringgit.
KESM also went through a correction like most of the tech stocks in KLSE. I wouldnt call it a crash. stop acting like a sifu if you dont know anything. douche
Around rm 5 will only consider buying this stock ! Current price already over goreng for a small tech stock in Bursa malaysia not Nasdaq USA ! People who chased high will get burned 100% !
Invest tech stocks enjoy hign gains in short term but must rember this is a nameless Bursam alaysia not NASDAQ USA and must always rethink is these tech company profits worthy with the over price they had been pushed !
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....
Flying Fox
849 posts
Posted by Flying Fox > 2021-02-26 12:39 | Report Abuse
This company’s share price is flying at its own world, nothing to do with its results