TRANSFER FROM ACE MARKET TO MAIN MARKET: MMS VENTURES BERHAD 04 Jun 2018 Bursa Malaysia Securities Berhad (“Bursa Securities”) would like to announce the transfer of the shares of MMS VENTURES BERHAD from the ACE Market to the Main Market of Bursa Securities under the “Technology” sector.
really don't understand it can drop to 1.3, MMSV buy back 1.4 - 1.42 on 26th June, mean they have more confident to their company, but the end still drop ~
MMSV -High and consistent gross and net profit margins -High ROIC -Increasing working capital leading to higher ROIC -Outsourced productions keeping fixed overheads low -Large portion of profits retained and reinvested after accounting both dividends and buybacks -Share buybacks increases EPS (insignificant but at least management's intention is good) -Good cashflows -Good liquidity -Booming industry -Management's effort in diversifying into other industries to reduce profits volatility -Adequate forex risk -Priced fairly low
Can see in each quarter report at Bursa Malaysia official website. They have share premium balance since last year, at least can give 4:1 bonus issue or even better if distribute the retained profit.. Stingy boss.
When other peers like Vitrox, Penta, Elsolf, MI all trades at PE above 20 - 40 and even ACE list like VIS also trades at PE 17 currently... so u can imagine how bad is this MMSV doing in next qr.
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....
stockmaster88
8 posts
Posted by stockmaster88 > 2018-05-31 18:00 | Report Abuse
closed higher at 1.39. Holland ? Tomorrow 1.50.