FLBHD: 1) COGS increase close to 5kk (from 35,409k to 40,183k cause profit down. 2) Trade receivable increase to (7,032k) from 11,005k 3) Inventories also increase to (1,170k) from 3,286k 4) Net cash flow generated fr operating activities decrease from 23,860k to 5,906k
All signs are there if it is a printing machine company as it was previously then why Mr Lu keep selling as if no tmr even though he left the company. My gut instinct was right.
FLBHD invested huge 45m in what? Is this investment going to generate higher profit then its core business?
Decision time....shud bite the bullet and cut loss now? 2 qtrs in a row of bad results...hv to do another round to relook at its fundamentals,financial report & 2nd level thinking for nx cause of action.
I believe KYY enter most of his share holding at low price before this counter goreng hot, he doesnt need to cut loss He can keep it makan dividend this counter wont fall, just earn less The one need to worry is who buy from goreng price
Same as expectation, bad qr for this term without double taxation and currency loss. Could foresee lower dividend this year, next yoy qr also will be worse and price drop soon. Anyway, be careful and know your cutloss point.
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....
cpng
1,575 posts
Posted by cpng > 2016-08-23 13:44 | Report Abuse
RIP.
Send my regards to Old fox Koon.