Four times net profit 136m VS 28m and EPS is 41 VS 9 compared to Yr 2020. QoQ drop but still consider outstanding performance on Yr 2021 and by current price still consider undervalue. Market demand still very high.
production of welded steel pipes with existing Phase 1 of the facilities having 2 production lines. Another 2 new production lines are currently being installed at the same facilities to optimise its production capacity and are expected to commence commercial production in the second quarter of 2022. We have also embarked on Phase 2 of the facilities which is only expected to be fully commissioned in the second half of 2023. FY 2022 estimate turnover easily over 1B, EPS maintain over 41c i think not the promblem.
I just Googled “what percentage of people lose money in the stock market” and the answer was 90%. There is an old but famous joke about stocks and the stock market. If you have lost some money in the stock market and feel bad about it, don’t worry. Ask somebody you know about their losses in the stock market, and you will feel better that you lost less money. While this joke has been going around for several decades now and is still quite relevant because there is absolutely no shortage of people who lose money in stock markets daily. According to popular estimates, as much as 90% of people lose money in stock markets, including both new and seasoned investors. People often lose money in the markets because they don't understand economic and investment market cycles. Business and economic cycles expand and decline. The boom cycles are fueled by a growing economy, expanding job market, and other economic factors. People also often lose money in the markets because they let emotions—mainly fear and greed—drive their investing. Moreover, they often lose money, because they are not lucky. Luck is when preparedness meet opportunity. You must remember that our ultimate aim in life is happiness and the key to happiness is contentment. Don’t be greedy and take risk in the stock market.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 257 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11384 views | 9 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
stockraider
31,556 posts
Posted by stockraider > 2021-12-04 10:51 | Report Abuse
Too much debts & speculate in too much excess in steel inventory mah!
But steel prices already tumbling down....that means huge impairment in inventory mah!
Run b4 too late loh!