The PAT is actually improved by 8% if you look against previous quarters. Also, the declined of PAT is only 8% for 1H if you look against previous years. In addition, pionner tax renewal approval for another 10 years has been approved in June, so we will see higher earnings in the next quarter. The sales order backlog is also high which is about RM50 mil. Don’t see any more downside risk on the stock.
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....
hanhan07
162 posts
Posted by hanhan07 > 2015-05-28 15:43 | Report Abuse
dropping again, it get tired now