@hohoho123 boss don like company become a penny stock company
+1 we have a good boss in GTT..
As Calvin always said buy on weakness
OR hold.. Once the contra game is over.. GTT will climb.. Minimum 1.08... Still way above our entry price. So why the hurry to cash in?
Don't put everything on one basket. You will recover from other stocks.. As example, TM is up to 4.15 today.. .so I lose here 0.04 cents but I make 2 74 cents in TM. So is Digi and Axiata..
GTT is just a few weeks old.. So far she's doing great.
Think long term.. Just like I did with the 3 Telco.. Those stocks used to be cheap now it's getting expensive.. Over time so does GTT.. another Penta in the making..
I'm still holding many of the stocks that Calvin recommended. Some will say... Trap.. But I like to think long terms. As long the financial ratios are good.. Keep it in your collection..
Haha..@calvintaneng = calvintang? I see the bird very familiar...is you are calvintang...then hoho... How is your mrcb and steel counter you promote hard last year ?
Past Financial Performance (Revenue, EPS) 2018: RM219.582 mil (eps: 0.0627) 2017: RM93.914 mil (eps: 0.0376) 2016: RM22.703 mil (eps: 0.0115) 2015: RM21.393 mil (eps: 0.0111)
Industry Analysis (Asean 2012-2018) Global Solar Cell & Solar Module Production CAGR:27.4% & 27.4% Global Sales Semiconductor CAGR: 8.7% Consumer Electronic CAGR: 6.1% 5G is boost automation exponentially!
Conclusion
Good thing is: 1. PE 9.73 still below PE10 2. Revenue is growing past 4 year. 3. Director fees around 3% 4. They are in the sunrise industry. 5. Business having 89.99% is export. The strong USD will benefit the company plus it provide excellent hedging to GTT shareholders against our weak RM
All the figures you mentioned were in the past. If past records cannot be taken as gospel truths alone in Ipo. We need 5 more future years record to see clearly how a company perform
We need to
1. Go and visit the company like Philip Fisher and see the company products and services first hand
2. Study the annual report yearly for the next 5 years
3. See if company give out any dividends
4. Directors should not take renumeration from gross profit. Gross profit cannot be the measure of true profit. There might be impairments and off balance sheet costs so gross profit could still result in a loss
Suppose gross profit is Rm100millions So they take rm3 millions as renumeration
What if impairment is Rm105 millions
Then actual bottom line is a loss of Rm5 million To take Rm3 millions renumeration would be a gross exaggeration
5. So many red chip companies from China reported high glowing reports during Ipo. Xinquan even stated $1 BILLIONS RMB IN ITS BALANCE SHEET
IN THE END IT ALL ENDED IN TEARS
6. YOU MUST KNOW THE BUSINESS NATURE OF GREATEC IS TOTALLY DIFFERENT FROM PENTA
PENTA SUPPLIES TO APPLE WHILE GREATEC IS INTO SOLAR
PENTA SALES ARE RECURRING WHILE GREATEC IS LUMPY AND A ONE OFF
7. GREATEC LOOKS LIKE ANOTHER TEKSENG WHEN IT WAS PUMPED UP FROM 30 SEN TO OVER RM1. 00 AND LATER FELL BACK BELOW 30 SEN
ALL MUST KNOW THAT FOR NOW GREATEC IS ONLY A GAME OF MUSICAL CHAIRS AND PASSING BALL
WHEN THE MUSIC STOPS THEN SELL WHO WILL BE THE LAST ONE TO HOLD THE BALL(BOMB) BEFORE IT EXPLODES IN YOUR FACE
Mabel The future is still unknown To overpay for anything now with a future fraud with the peril of trade war, a pumped up Dow Jones and rising economic uncertainty is a fool's game
@Mabel The future is still unknown To overpay for anything now with a future fraud with the peril of trade war, a pumped up Dow Jones and rising economic uncertainty is a fool's game
------- It's too early to draw any conclusion Calvin...
I'm not paying something which is over value...GTT PE is 9.73 still below PE10
In addition to what I posted earlier, this is well calculated risk..
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....
Huchiewneng
319 posts
Posted by Huchiewneng > 2019-06-25 17:26 | Report Abuse
Dan sii