Pros: 1) USD stronger. From 3.85 to 4.04 for this quarter alone. 2) Management expected new consumer electronics segment product to start mass prod this quarter. 3) Management expected camera segment to recover to near pre fire level. 4) Although less than last quarter, the insurance claim for this quarter is 20m so far. 5) New extrusion project with government grant likely to complete by end of 2018. 6) 2 new customers from semi-conductor industry.
5 & 6 for long term.
Cons: 1) Higher cost especially during recovery & new products. 2) SST (but most companies will also be affected, and in lieu of GST).
Should look at EBITDA. Will collect incrementally on every small price retracement. Just share my thoughts. Lost money or missed the opportunity, regardless, just don't swear at me afterwards. I am not a fortune teller.
Notes from its peer DUFU latest QR yesterday: - increase in demand related to HDD - strengthening of USD - the group is optimistic in its earnings and growth in the coming quarters
@Joe Ng it isn't too late to buy. it is only the beginning of the show. the share price is going up before any big news which we all hope is due to a great quarterly report. If it is the case then rm 1 is a very achievable price target
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....
Stephenloo
195 posts
Posted by Stephenloo > 2018-08-07 13:24 | Report Abuse
Qr not release and already up