Heavy drop in both revenue & profit. Profit continued to contracts and margin compression is accelerating. A symptomatic sign of worst yet to come. Downgrade to 0.20 @ forward P/E of 15x
The lower earning in this quarter was due to , apart from softer market, it was caused by "temporary product mix/sales aberration". Aberration means a deviation from what is typical or normal. The management didn't explain the details of the aberration, but did mention it is "temporary". I suppose this means next quarters' earning will be back to normal. In the "Commentary on Prospect" column, management mentioned "The Group remains optimistic in relation to its performance for the year." From all the info provided by the management, I interpret that this quarter's poorer earning would happen only in this quarter. Pls correct me if I am wrong on my interpretation from reading the quarterly report.
Management should give more information what actually happening Why sudden drop in profit and revenue How currency affecting the profit and revenue Too little information given
Ta is downtrending if still in profit better get out. FA is useless for the last 3 quarters so to reenter or averaging is risky. Until the TA shows reversal and FA showing a few quarters of good result might as well kiv .. just my 2 sen .
today volume is very little....it is just the small fly throwing. if not, now volume big...i think no alarm .I think will go back to over 30 sen when the market recovers.
Too many short term investors than long term investors. They are so much influenced by short term factor and sentimental until they didn't really think longer before press the sell button... spechless....
Management already said profit will shrink due to expiry of tax relief incentives. New factory will only be operational in 2019. You want to buy now? Good luck.
Ta pointing best time for bottom fishing and able to accumulate kaw kaw for up trend . Tutup mata press buy kikiki. Sellers has run out of stock . Nx month FA report.
Philip, this co Fa historically okay , turnover increasing , got bonus , dividen , balance sheet decent,and expansion, products still in demand locally n international. Ta wise time to accumulate at this lower price but must hold for at least 2 qters and set the target time and price .in 1/3 and top up 1/3 in either direction and 1/3 in when vol high. Good luck
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....
Vnew
33 posts
Posted by Vnew > 2018-05-20 14:09 | Report Abuse
hope soon