Don't blame the management if you were washed out. Most of the companies show terrible charts during this moment...I will keep focusing on my TP despite of that as I got holding power
C&P@ Why are the company's major shareholders buying back the company's shares at this juncture? (market chaos) The answer is obvious. Although PTRB was under selling pressure last week, the proportion of the decline was much smaller than that of other companies without fundamentals. This proves that the company's short-term decline in stock price is mainly due to panic factors, rather than the impact of the company's fundamentals, forming a formation with other companies. sharp contrast. As an investor, the repurchase of shares by major shareholders is a very strong signal, and the company's current price-to-earnings ratio is only 6.2 times. This valuation is relatively attractive no matter which industry it is compared to. Therefore, PTRB deserves to be a dark horse in investors' portfolios.
Processing and trading are normal to have trade receivables, and this is only on a 3M (Q1) basis. Wait until their next quarter before talking without evidence, hhhiii123
Payment before container arrives at destination port. Very little receivables in normal business trading.
Due to seafood has shelf life only 2 years after processing and deteriorating in terms of color, look and taste. High inventories are not healthy. Should be due to unsold stocks in a bad market environment.
As shared earlier, demand for seafood is bad globally from mid 2023 up till now with no improvement expected until mid 2024.
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 2904 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....
TrendSculptor
96 posts
Posted by TrendSculptor > 2024-01-18 14:37 | Report Abuse
It will rebound back for sure, don't get washed out and affected easily by this -ve wave