High PE ratio.Only if profits go up in the next few quarters, this stock will fly.
Few reasons for director selling: 1. To create panic and buy at a lower price later 2. Director predicts the profit for next few quarters not good 3. Director needs money to settle personal debts.
1. HDD drives may do well in next few quarter due to demand for more work from home products 2. ABS system for automotive may do well if they are outsourcing it to overseas. If local market, not going to make good profit. 3. EMS segment maybe good, if overseas clients demand. Digital camera segment probably pick up only when covid cases reduce. and travel returns to precovid level. 4. Healthcare products: Too many competitors. 5. Oil and gas products: Partnership with Saudi..depends on crude oil demand and supply.
Good points: Good balance sheet Directors still holding huge percentage of shares
Bad points: High PE ratio Poor profit margin Overdiversifying No dividend
In conclusion, better to concentrate on their core business instead of venturing into multiple business. These company is very confusing, so many will stay away from this type of stock.Overdiversifying may not be a good idea.
After average down hopefully more people will buy so that I can let go...Quick quick buy from me..This share market will be up just for a short time..This clowns will start their circus soon..Please buy. PLEASE. Im begging.
QR delayed till end of September due to difficulties conmpany is facing. Maybe company scared bombarded by shareholders so they want to take a deeeeep breath before judgement day.
With management giving emphasis on healthcare segment which isn't their core business instead of focusing on EMS,ABS system and HDD this stock will fall below 50 cents. This is a company which puts their hand in too many cookie jars to promote their stock and get burnt.
I dont see management taking any constructive steps to mitigate the effects of soaring aluminium price on their products.Instead they are focusing on healthcare products.
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....
Trader258
435 posts
Posted by Trader258 > 2021-08-05 09:46 | Report Abuse
Those buying at penthouses prices ....looks like can enjoy the sky view still for a very much longer time.