Sthis is what I think also. But read from latest quarter report, they don't really benefit from it. Their customers asked for a lower selling price instead. So I guess they have no pricing power?
Look at Management report. They secured MRT construction projects in Singapore. Singapore will be building more extension lines this year. With falling crude oil & strong US & Singapore Dollars profits will improve. So be forward looking.
NYLEX Is Another Kumpulan Fima in earnings pattern.
When things were not so clear KFima was Sold at a DISCOUNT = 35 cents (Year 2009) When things are So Visible & clear KFima sold at a Premium = Rm2.50 (Year 2012)
Below is the 10 Year Lowest & Highest Traded Prices of KFima (MARCH 2009: SPG)
YEAR.....Lowest Price.....Highest price........EPS (Earnings per share).
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....
paperplane2016
21,659 posts
Posted by paperplane2016 > 2016-01-17 23:47 | Report Abuse
Sthis is what I think also. But read from latest quarter report, they don't really benefit from it. Their customers asked for a lower selling price instead. So I guess they have no pricing power?