I hold 2 months u no fly. I let u go for gloves stock u fly and gloves don't fly. Innature why u like that? I don't want support body shop products liao
I find it quite interesting that this company can make good profits during Q2 the peak of Covid. Now that shops are allowed to open, i think Q3 got good chance to go back to the the usual 6-7m.
Also last q they transitioned to have 22% of their sales being from online (it was 4% previously), so they should be doing better online as well.
Selling for normalized earnings of about 14 times, and ROE of 40%, looks quite interesting.
With growth coming from vietnam as well (btw vietnam sales did not drop during their lockdown).
@cbkia4896 Although I am currently not holding any shares (am waiting for my TP to enter), I think that if you bought w cash and not on contra, maybe you should consider to adopt a wait n see strat for this counter. Decent fundementals and the business is steadily growing both online and overseas (Viet, Cambodia etc). Do what you suits yo best but give it a thought first is my advice to you
Going in and out when the price fluctuates does you no good, set a tp and abide by it. Hoping onto the boat just to jump off is a good way to lose money for sure. Have a nice weekend and all the best
Very clearly today, only big consumer / retail stocks are being pushed up by operators solely on news of vaccine. I doubt the surge can sustain and gradually, prices will correct again until another "worthy" announcement.
The business model of Bodyshop is strong and I foresee the share price will be reflected accordingly over the longer term. Vietnam will be a good catalyst if growth there is promising. Time will tell and the management needs to allocate more capital to expand into Vietnam.
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 2948 views | 2 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....
cbkia4896
931 posts
Posted by cbkia4896 > 2020-09-08 15:01 | Report Abuse
My whole portfolio red red. This one only one green left. Stay stronk