Yup really show time - more like laosai time :( maybe shitty qtr coming - after all elSOFT already posted crappy results and today laosai - This one result not out already Laosai - if bad result out how? Limit down? :(
Going forward the Company expects to be able to convert some of our recent enquiries into orders. The Board is of the view that the performance of the Group for the rest of the year would be profitable.
This is just my general opinions which might not be right regards to Q3 result that cause panic selling: 1) NP still in black. Yes down alot ... down 81.87% but still in black 2)Tax rate is super high 52.20% compare 7.27% in Q2. The Tax amt is 1.53 times more than Q2 even with lower revenue. 3) The mgmt done something good by controlling total cost and ensure NP in black...Total cost reduced 53.74%. 4) Net worth value still maintained at almost the same level compare Q! and Q2 5) Of course RPS and EPS are down significant, however NAPS still maintained
Conculsion : worth to invest and hold since the price down alot
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....
Shines
2,824 posts
Posted by Shines > 2019-11-08 07:23 | Report Abuse
Oh really, I wish him goodluck to recover what he lost.