Precisely market has misread Nylex's growth by looking at earnings decline from casaul reading that they have over looked this gem. As I already pointed out that we must see the whole picture in totality.
Nylex growth is hidden in its NTA. NTA grew from Rm1.56 to a new high of Rm1.65.
Again we should not be concerned for one or two quarter growth if its long term trend is in tact.
Last time Kfima quarter to quarter result even show losses. Yet Kfima grew from 33 cents to Rm2.50.
Again look at Eg, Seacera & Hapseng - they revalue assets and booked them as profits. Nylex is hiding profits as assets. If Nylex want to follow them it can easily revalue assets and book them as profits, too.
One more thing. Last time Supermax trailed behind Top Glove & Kossan. While both Top Glove and Kossan shares prices rose people complained about Supermax's under performance.
SEE I called for a buy on Supermax at Rm1.60
Supermax turned Superman and crossed Rm3.20 (Up 100%)
After Jaks I found out Shale Oil from North Dakota will hammer all Oil & Gas Counters.
So I bought into Super Enterprize at Rm1.25
Oil Crash equals Cheaper resin for Super's plastic material Super turned Supersonic and powered from Rm1.25 to Rm3.80 (Then taken private (Up 200%) This is Falling Crude Oil Thematic Play.
After Petronas Got Hit Govt Revenue Got hit. So GST!
I bought My Eg at Rm2.00. My Eg up Rm4.00 (100%) then split
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....
thesteward
6,782 posts
Posted by thesteward > 2016-01-19 00:07 | Report Abuse
good one