dont say like tat, is kinda obvious also, current price has been dumped by operator and shark. And market retailer has also clearly not buying this qr very well, otherwise actual value shd have been reflected .
Surprise still able to produce good profit while Liihen poor result due to container price & raw mat hike, labor shortage. But QoQ flat, below expectation. Annualized base on current Q EPS, price 310 at forward PER8x. Inventory double, should be good order in hand, can hold.
What comes down will goes up. I read the report, my thought is the same as KPH5328. Market doesn't look good today, QR release at wrong timing. It will go back where it suppose to be when time is come. Relax
WEGMANS HLDG BRD: (WEGMANS MK, CP: MYR0.34, Not Rated) FY20 PAT grew 10% Maybank IB Retail Research
Wegmans, which is principally involved in the manufacture and sales of furniture products, reported a 4Q20 PAT of MYR4.8m (+370% YoY), lifting FY20 PAT to MYR8.8m (+10% YoY). The stronger FY20 results were on the back of higher revenue (+26% YoY) mainly attributable to higher sales volume from North America. No dividend was declared for the quarter.
That said, near-term volatility could be supported by its recent acquisition of a 90%-stake in Wison Screw International S/B which is principally involved in manufacturing and trading of screws, nuts and spare parts used in furniture industries. The acquisition came with a profit guarantee of MYR3m for FY21, not to mention potential synergistic effect.
So far, only one broker covers the stock. The last rating was a Buy with a target price of MYR0.50. Valuation wise, the stock is currently trading at 11.3x consensus FY21 EPS of 3.0sen, which is higher than its 3-year historical average P/E of 10.6x. Balance sheet wise, its net gearing stood at 0.3x as at end-Dec 2020.
Go google and search ' it's choice and prime beef, organic foods and wine ' Director had given the hint. You must do your homework before the meat come to your mouth.
Investment Banking Research Investment Recommendation: Outperform the market. Target price: 50 sen. Closing price: 34.5 sen (as of March 15) Earnings per share: 3.4 sen (estimated for fiscal year 2021) P/E ratio: 10.3 times (2021) Fiscal year estimate) Dividend yield: 1.4%
Can move up very fast if bosses really collecting back in due course
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Posted by DreamEmperor > 2021-03-12 12:16 | Report Abuse
okay also la