the revenue shot up to around 4mil , and guarantee profit 7.5 Mil a year / 12 = 650K a month , the accounting period include only AUG and SEP , so is net profit is 1M something , which mean the guarantee profit is not talk talk only ..........
francis188 ur thought is exactly same as mine...let's hope that soon there will be an announcement about new substantial shareholder from ASAP and it will clear our doubts about the director selling
By the way i would like to correct 1 thing..the purchase consideration of ASAP was later changed to rm73 million to be satisfied entirely by cash thru issuance of right issue at rm0.17
Haha thanks for the info from nanyang..i once asked my remisier about that but she can't find anything, now I roughly know 'ada udang di sebalik batu', and this is a grade A udang for sure
But I wonder, how is ASAP going to guarantee RM7.5m in PAT when the revenue for FY13 to FY15 is already less than RM7.5m (excluding the one-off transaction in FY14)? Just curious. Any info on ASAP's FY16 performance?
ASAP has an orderbook value of RM11mil, which is deliverable in the first year. Based on their previous profit margin of ~70%, this target of RM7.5mil is achievable
from the surface..no sign at all..TA trader will think twice or more to buy this stock.. this kind off stock need endurance and holding strenght..now, i just trust my sense..
QR good,QoQ +272.13% YoY +363.3% report out only 0.13 (+1c) drop back 0.115 market weak shark hungry can trap 2ways at 12c, is my personal opinion only
Ya, the building should be completed in 2018/19, and the IT work should start after building complete build up. If they got the contract, mean there is extra earning other than ASAP guarantee profit.
Director Yahya Razali is gradually disposing his shares through open market. Balance of 75 mil shares to be disposed. It will suppresses the share price for a period of time. But after that the share price will slowly goes up.
It is similar to KYY disposed his LiiHen share through open market during early of this year, the share price was suppressed at 3.0X - 3.1X, after that surged to 3.4X and highest at 4.2X.
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....
The_Reds
2,025 posts
Posted by The_Reds > 2017-12-05 10:12 | Report Abuse
who the hell sell at 0.115..too bad the buyer is not me