Base on its Asp, USD vs Myr and log price. It still has another loss making q. Terrible yoy. It will like Lay Hong. Goreng up and cabut. See what is my comment about Lay Hong before announcement of its results:
Stock: [LAYHONG]: LAY HONG BHD Feb 25, 2019 04:09 PM | Report Abuse
Small profit, I think. Better qoq but worse yoy. Below 0.40 after the results.
Wait and see.... Extremely poor result to be released...... Evergreen, hevea... All in the same trend..... But they still got profit... Unlike mieco... Recorded in big red!!!
Despite Aturmaju also selling timber stuff...but how much contribute from timber sales...according to page 19 major revenue contribute by ARP Development Sdn Bhd involving in carrying reselling ERP software system...99% revenue from that...1% from timber?
Expected the red results in the next 2 years due to excessive capacity in the industry against weak demand... Cut throat pricing will be accelerated from now and onwards..
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....
Investor 999
419 posts
Posted by Investor 999 > 2019-02-26 06:18 | Report Abuse
Ok I will buy 10mil shares and push up the price for you today.