PE = 6, next qr has 45.8mil proceed from sales of land to pare down borrowing summore which will further reduce their finance cost for the following qr
below my expectation... i thought it should be at least 3.5, comes out with 2.85 quite a little bit disappointment on it... however, since the revenue is growing, hope next quarter can outperform together with the one-off sell of land.
and also, i suspect that they are still not fully using their factory as well. Did someone can go AGM and ask questions for me? see whether the factory is still waiting for being approved or the installation of machine haven't finished...
the trading segment is increasing every quarter, however, if i am not mistaken, the processing segment has been drop for several quarters. This may the main reason why the net profit margin not that high...
the Board believe that our Group is capable to weather thru the headwind and generate positive results for the remaining quarters of the current financial year by continue focusing on operational efficiency and prudent costs management.
if drop below 0.68. I will topup more! new warehouse contribution in future QR. One off gain from landsales increase dividend plus working capital. Leonfb is going to be a great investment for mid long term.
Normally how long it would take for LEONFB to received the compensation from government? Few months or few years from the date they accepted the offer?
usually the price of a undervalued gem company have the same process before booming several folds. the faithful investor like us hope it will fly like rocket -> then after the price fly a little bit -> many of the other FA bloggers start to promote, the reputation of company increase -> TA investors enter -> bank analyst give target price. (let's huat together)
I tell you ah this share will move to 1 surely, but I will keep it until next year when the new operation starts will move to 2 using ggwpbro DCF method
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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....
Ggwpbro
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Posted by Ggwpbro > 2017-05-30 17:27 | Report Abuse
Buy Bellow director price rarely goes wrong