Accumulate slowly , don't buy beyond IPO price of 25 sen till after Q 4 results is released in February, by then we can see how ignorant retailers react to its Q 4 results when one off listing expenses are charged...
Does anyone how the QR report its calculation for its EPS ? profit only 3 millions, based on its outstanding share before IPO is 318 millions, then EPS should be 0.96 sen only, how come it reported as 2.51 sen ???
Accumulate slowly , don't buy beyond IPO price of 25 sen till after Q 4 results is released in February, by then we can see how ignorant retailers react to its Q 4 results when one off listing expenses are charged...
We pick Spring Art instead of Wegmans , because Spring Art has consistently better net profit margin (about 16%), and it only required about 40% of human labour of traditional furniture manufacturers due to their using of CNC machineries for its RTA furniture manufacturing production. And pending its factory C that would be using more advanced equipments than the current equipments, therefore Spring Art is possessing rapid growth rate DNA ( 快速成长基因) within next couple of years..
Note: This write-up is purely for research educational purposes only
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fxpro2019
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Posted by fxpro2019 > 2020-01-07 10:51 | Report Abuse
yesterday new high for transaction.... 15mil shares transacted