Bursa announcement today.....company buying 4 shop offices...seems like good news...if profit announcement is good...price might move above 30sens.....i wish the best 2 all..
Last year bought land this year bought shophouse...maybe business is better...but share price still not moving...i will come back to this stock...been following it for 2 years...
Wah, u follow it for 2 years? If u brought it 2 years ago u would have make a lot of profit. Since last time lowest is 0.10 and now is double to 0.22-0.26 plus u get dividend in btw somemore. Not bad what? Lol
Wow... 2.4mil profit! If u refer past 10 years record 1.2 mil was their highest profit in 2Q FY2004. They beat a new record this year. Any reason why? Disposal of property?
Most of it from property gain...not from operating profit....maybe they are keeping that for 3rd and final qtr....but this company seems to be slowly improving...One big contract from the rich Selangor govt....will take it above 50sens...water is a crisis business in Selangor now...and the owners know this..
Buying shophouses...buying land...new corporate address....recovering old debts...bank balance increasing....eventhough this qtr operating profit low...but covered with property gain....tightly held....this counter...ONE DAY will fly.....this time i wont sell..
Slowly i will collect again...till next year march or april....thats when it might cross 30sens...same trend past 2 years...the push is near the Agm....12 till 20 first year... 17 till 26 second year...now 3rd year...will be from 23 till 40sens ( best year for the company )....this is my personal view...
New corporate address...at Bangsar South..looks good...improving corporate image....making money...profitable...cash surplus increasing....recovering debts...buying assets ( shophouses and land )...good and experienced board of directors....paying dividend...and most importantly..its tightly held....30 biggest shareholders control 85 % of the company.....all this tells me that 24sens is too cheap for Britech Bhd......
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....
kimchi
167 posts
Posted by kimchi > 2014-08-21 12:02 | Report Abuse
Someone trying to make ppl panic and collect cheap. Sell and Buy 1 share at 0.210 press down the price.