Your read back the director statement, he hv mentioned although still can make profit thru two segments, but business environment is tough, this whole year profit sure lower than last year.
only fool will keep posting about this company in forum to attract punters enter the stock. what you did will only prolonged the consolidation period and delay the uptrend. who is the fool?
I want to give you guys 10 reasons why you should buy N2N now.
- Super duper quarterly result. - Recommendation from koko888 sifu. 80% better chance to win. - Lower PE ratio 25x and it will be lower and lower. Its competitor trading at 85x. - Net cash company. - Back up by International companies Nikkei Inc and Quick Corp. - Up 37% only and its share price almost flat for whole year. - High volume means strong momentum. - Sustainable quarterly earnings, you can sleep well everynight. - TP $2.37. You can earn 137% return just in 9 months. - Sifu Ooi says TA comes first, FA comes second. Now TA and FA already come.
I'm very confident N2N will meletup anytime. Just dumb dumb buy and dumb dumb hold. Don't play play with N2N. Kikiki...
1) just bought HK subsidiary. Why they want sell leh? must got motive 2) see, director keep selling, he knows things we don't know 3) historically ppl said n2n boss want privatize n2n cheap cheap and move to HK. 4) i don't like software 5) eforce sure win 6) Pe too high 7) no dividend, even if got, expect peanut 8) highly competitive industry, limited expansion opportunity (see japan trading software kuat lihai) 9) just don't buy lar~ 10) (insert any reason here to ask ppl sell)
Unlikely to see N2N achieving 2 sen per quarter in EPS - last quarter helped by a RM4m forex gain that may not repeat in the future.
Growth will also slow down as the jump in rev is due to the acquisitions - the company said they may do more acquisitions over the next twelve months. This could boost earnings if done right.
As long as there has revenue flow in. Then they should be done better than last year. You must know that they paid RM82.5mil to acquire a company. Must get something from there, hopefully.
Got foreign exchange gain and also higher fair value gain, excluding those eps is around 1.26 cents per qtr by taking 4 MIL out from other operating income.. Prospect will still remains good as they are looking for more acquisition in the future
Good point, mocics. Anyway, I'm sure that PE ratio will get lower and lower. Public Investment Bank gives 30x PE to N2N vs its competitor, EFORCE at 85x.
...our outperform call is retained with an unchanged target price of RM1.08 premised on a 30x multiple to FY17 earnings per share of 3.60sen.
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....
LA777
3,383 posts
Posted by LA777 > 2017-09-15 08:52 | Report Abuse
Don't miss the big boat!