Its definitely good for mid to long term investment (>6 months). As for the short term, should be expecting 3A to report slightly lower profits due to the higher sugar price. Some of the impact can be seen from the last quarter results. The upcoming quarter results which is for Q3 and sugar price is at the highest for 2021 during this period of time. Not expecting a huge impact but perhaps a few percentage drop should not be a surprise.
Game changer for 3A after elevating ASP. No more below 10m earnings per Q. EPS will be above 10 cents.What should the market assign the PE for 3A if this is the 3rd consecutive quarter earnings above 2.5 cents .
It still a very good result, despite mco, only reduce 0.7m PAT..from september until now no full lockdown happen, i believe next qr a lot better than q3. Q3 this year a lot better than q3 last year...total q1q2q3 this year is more than q1q2q3q4 last year?
I think you are referring one of the substantial shareholders Teo KH who have been actively buying/ selling almost every other day. For your info he doesn't hold any post in 3A, just purely a substantial shareholder.. Have to thank him for making the counter active. LOL...
Eastern686 3A historical PE is always 8-10-12. No? No wonder director sell, 坏蛋来的。 17/11/2021 10:49 PM
I am of the view that 3A is ready for a re rating if the revenue and profit continue for next 2 quarters. PE expansion from historical 8 to 12 times is justifiable as the company has shown revenue growth, better profit margin and growing dividend. In addition, capacity expansion and operational efficiency improvement are still on going. Having said that, short term share price movement is still influenced by TKH.
Eastern686,3A historical PE 10-12 those old days was drag down by its China factory...but business already cease off n discontinued after write off done n sold off...normalized PE should follow food industry PE, try to look at its annual report see who is its major shareholders, is wilmar.....so just sit patiently, market will reward u with sweet potatoes
if every quarter can maintain 11m, now only trading at PE 10, give him PE 15, should be RM 1.50. 3A is doing export business somemore . market is so big outside
i firmly believe qr4 will be shoot up to the moon.open border with singapore will increase purchase power for domestic market. Tourist will come to hotel, stay and eat a lot of food.
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bbc99
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Posted by bbc99 > 2021-11-11 11:03 | Report Abuse
@analysis ,you are absolutely right.