That is at least based on my assumption that it has already secured a contract in April that is worth as much as revenue in FY2013, but having greater revenue doesn't necessarily translate into greater profit unless they take advantage of scale economies.
Hence, yeah I am a bit too optimistic, but you can take that as my level of belief in the company's management.
Yeah, Elsoft is on the way up. Just believe in it, just like I have believed in Inari when it was 2.45. Both companies are doing about the same biz. I guess, analysts also like this counter as well. BTW, any talk of the bonus issue mentioned before.
Agreed that Elsoft can never be like Inari UNLESS there is some potential quality M&A. I believe the main catakyst right now is possible new plant to overcome full utilisation of current plant and utilisation of its massive share premium for bonus issue.
btw, how does one explain the spontaneous positive & negative perceptions which brought about the sudden dramatic rise in price to 1.71 and it's subsequent 7 day fall to 1.39? herd instinct based on rumours? LoL!
Fourteen Malaysian companies appeared in " FORBES's Asia's Best Under A Billion " annual list highlighting Asia Pacific best companies with sales and consistent top~and~bottom ~line gains , ELSOFT IS IN THE LIST !!! Plz check full list in FORBES ASIA August 14th 2014 issues. Congratulations to Board of ELSOFT , Top management and all staff who work diligently to achieve this significant milestone for ELSOFT ! CHEERS to all ELSOFT shareholders n investor !
Wow! thanks for sharing this awesome news tianjin! Congrats indeed to ELSOFT's Board of Directors, it's management and all it's staff in making ELSOFT a keeper!!! RM3 next year!!!
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....
lboonk79
486 posts
Posted by lboonk79 > 2014-08-01 14:27 | Report Abuse
dont worry, later i will collect it to 1.46. after 4pm