FY 21 & FY20 the 30 Shareholding nothing much changes. Hardly see any New Substantial Shareholder emerged as of Aug 21.. Still the same family owners hold tight tight... Gotta be patience to wait and wait....
as long as no stock operators, tak boleh jalan, actually is a very good company to goreng, small share capital and not much floating shares. Any stock operators with RM10-20mil bullets can easily play it up.
A lagging counter, financial performance improve substantially. May'21 quarter margin compress due to one off PPE write off and disposal losses amounted RM 3.2 mil. Without this one off transaction should be perfect.
Expect revenue continue improve and surpass RM 100 mil in next 2 quarter. The company are now focus more on export than local, so margin will definitely better.
satha44 no need to compare, wait for quarter result. just be patient, fundamental nochange no worry.
just like old day I bought abit fpi for couple of years ago, not move at all but untill recent year move quite alot. BUT,another exmaple fiama, untill today not much moving so just hold nothing wrong.
Margin compression is out of expectation which should not have happened during the nation-wide economic recovery. We expected a huge earnings beat but now the company ended up reporting a highly disappointing earnings. EPS below estimates at the same time.
Pensonic downgraded to Underweight
With a short term price target of RM0.60 and a long term price target of RM0.70
Buy a bit for defence, example I also buy affin tenaga comfort kossan now for defending my plantation counters, I find out must buy different sectors company. If I too focus on plantation I will loss money. The market like example banks up other drop . Property up then oil trop. Consumer up then plantation drop . So if cheap just buy . Now many good and cheap like kossan superman osk affin mbsb osk mnrb maa ioi tambun rubber harte. Many many just pick higher divi and good entry oppo
Drop more please, terus drop 0.5 is better Don’t everyday drop bit by bit Is easier and don’t waste time since you going to do it anyway might as well do it fast
Totally agreed, so weird that dividend announce on sept and payable at END DEC…which company does that ..normally is next month after announce…lesson learned
The share prices keep dropping in the past 1 month…hope will drop further and nobody will support them in the future
Good for you…they are actually start buy back but they want to buy at cheap price. On Friday they buyback few shares only because the price is high for them. They will press down even lower so they can buy more at cheaper price
Please don’t sell cheap to them. Just hold
They will keep trying to press down to make you panic. Only those with patient can win big
@ sTheContrarian Hi sifu agreed but I still keep insas and mnrb . And congrats to your rubber . I see you earn a lot on gloves. Btw you still keep Golden land plantation? I still keep some golden land too cheap as wtk I have both also Posted by TheContrarian > Nov 29, 2021 7:52 PM | Report Abuse
Hi ivan9511, Pensonic at current price is more attractive than Insas. Posted by TheContrarian > Nov 29, 2021 7:52 PM | Report Abuse
Hi ivan9511, Pensonic at current price is more attractive than Insas.
@ivan9511, I still have a lot of Insas, selling down a bit from time to time,last price I sold was at 1.20. MNRB completely sold off when KYY promoted it many months ago. Golden Land sold half about a month ago, their plantation land is young and not yet producing enough to generate profits.
Yes, if you have a diversified portfolio. I was lucky I accumulated a lot of Rubberex when price fell. Having sold more than half of my Rubberex I am looking to reinvest in undervalued beaten down counters.
@thecontrarian. Do you like tenaga and bstead 2771. Tenaga buy for 8% Div Bstead I like their health care and plantation business but bstead seem very hard to up . So I 80% buy tenaga 20% buy Bstead
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
clc689
42 posts
Posted by clc689 > 2021-10-03 23:46 | Report Abuse
FY 21 & FY20 the 30 Shareholding nothing much changes.
Hardly see any New Substantial Shareholder emerged as of Aug 21..
Still the same family owners hold tight tight...
Gotta be patience to wait and wait....