My son optimus9199, market is not so good now, have you sold all these counters: Gkent, Ekovest, Kerjaya, Econpile, superlon, magni, lii hen, padini, HSS, KESM, AEONCR, poweroot, AWC, Perstim, Yee Lee, Thong Guan, Poh Huat, MSC?
Refer to note b2, revenue and pbt dropped. Their revenue recognition on poc.. expect an increase in revenue but management explained its due to festive season. Hsseb rely 70% to government project, they need to secure more project to boost revenue and profit... but only one project secured so far in 2017. Hopefully second half of 2017 more projects coming.. my two cents
I m not too worry about their gearing as long as their cash flow is consistent.The management are optimistic that this positive momentum will be sustained and persist in the current financial year.As coverage on The Star Paper, the first quarter ended March 31, 2017, MD, said the group expected performance to improve by a double-digit percentage over the same period a year ago. It is really a undervalue gem.
Fast-growing company with good relationship with bankers. Prospect is good as they have unique technology which can save construction costs. A preferred partner to develop mega projects.
optimus9199, I know you have been quietly selling many of them but keep asking people to buy at the same time, are you still holding any of these, : Gkent, Ekovest, Kerjaya, Econpile, superlon, magni, lii hen, padini, HSS, KESM, AEONCR, poweroot, AWC, Perstim, Yee Lee, Thong Guan, Poh Huat, MSC?
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....
dxmovie
85 posts
Posted by dxmovie > 2017-05-24 19:52 | Report Abuse
Afraid insiders know result is bad and selling before announcement