Thank you Supermax for the 1500% return!

Let the game begin :)

How is this counter now?

I think those that buy now is more for long term potential and good dividend yield

Patience :)

Buy

Interesting article Icon. I have sold all long back.

Why this stock drop?

Then can pick up again

10k buy and 70k sell lol

Haha.

I will let the contra player sell to let the the long term player in

haha tokok. You are one funny person

Starting to fly.

lol tokok. Why so pessimistic?

From kcchongnz

Tansrishare, I'm just gathering two companies in the same industry and compare.

You are most welcome.

Many people asked me, "Shall I subscribe to Econpile IPO?". My answer is, if you can prove to me Econpile is a better company than Pintaras, why not? They are in exactly the same business, piling and basement work, exactly, although Pintaras has metal can manufacturing, but that is a small part of its business.

Econpile has been in the market longer than Pintaras Jaya in piling works. It has its activities in Singapore initially. So we can say Econpile is not a new kid in the block. It is just that now it is going public listed in Malaysia.

But just look at its performance as compared to Pintaras:

Company Pintaras Econpile
Revenue 172845 386066
Net profit 52317 27,865
Gross margin 34.7% 14.9%
Operating margin 31.9% 10.3%
Net profit margin 30.3% 7.2%

Econpile's sales is more than twice that of Pintaras Jaya. However, its net profit is just half of that of Pintaras. Pintaras's net profit margin at 30.3% is more than 4 times that of Econpile. These difference in results were consistent over the last few years. So it is clear which is a better company.

Of course good company is one thing, if a not so good company is selling very cheap, then it is another story. Isn't Econpile selling cheap at an IPO of just 54 sen, compared to Pintaras's market price of RM4.35? Of course if you look at that way, 54 sen compared to RM4.35.

But PE wise, Econpile before the IPO is at a PE ratio of 10.4 only compared to 13.3 of Pintaras. Certainly cheaper looking at this way too. But taking the whole thing together, which company do you prefer to buy?

Good time to accumulate more

RM1

Is it a good time to get some now?

Is it good to get it at this price?

When will it be a good time to pick some?