Blog: SUPERLN (7235): Things they know that we don't know.

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5 comment(s). Last comment by kyy_superinvestor 2018-02-01 13:38

Beza

1,847 posts

Posted by Beza > 2018-02-01 09:10 | Report Abuse

KWAP was selling January as ringgit was strengthening. You better hope US dollar is strengthening all year of 2018 from Feb.

Avicenna Avi

59 posts

Posted by Avicenna Avi > 2018-02-01 09:37 | Report Abuse

@Beza: u failed your maths in your kindy days eh? :D

shortinvestor77

5,487 posts

Posted by shortinvestor77 > 2018-02-01 11:19 | Report Abuse

Wait and see more news if Kwap sells again. No point argue. Even low volume still selling.

Beza

1,847 posts

Posted by Beza > 2018-02-01 11:37 | Report Abuse

Does it hedge forex?

kyy_superinvestor

702 posts

Posted by kyy_superinvestor > 2018-02-01 13:38 | Report Abuse

I have read the annual report 2017....it does mentioned natural hedge...please dont forget that the raw material is import and hence MYR strengthed would help it....further, don't forget the company is penetrating in US and hence administrating fees/cost would also be lower......how about financing part for new warehouse which is think is denominated in USD....makre ur own judgement...

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