Its share price is holding well. A good price to sell if you still keep the share. Next 3 quarters are probably difficult. According to management guidance,
"In overall, the Group’s operating environment will remain challenging in the remaining period of current financial year."
Almost more than 10% discount !! Base on past performance, dividend and cash rich position, it is a good opportunity to accumulate if the price with attractive discount....
while i reckon this is good company, the killing part is the prospect. they plan to reduce production hours, not sure why suddenly so bearish prospect.
Negative 1. Qtr report stated "no break bulk shipment in feb and mar". It does not indicate there is delayed shipment which will contribute to the earning of next quarter 2. Agreed with lizi the company's statement on prospect is worrying as lower production = lower revenue = lower earning 3. Lower plywood price
Positive 1. Higher usd rate 2. Net cash position 3. Low PE provided it can maintain earnings
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....
coolio
620 posts
Posted by coolio > 2019-05-27 21:35 | Report Abuse
Profit yoy increased of 850%.