Np 9to10million in coming quarter .from 8mil old business and 2million from aerospace. This CEO also best-known to become Malaysia top30 millionaire in 2018
If krono i know, qr already out, but JHM not out yet, so you got insider news @Lee Yih Yeong? anyway nice and thumb up for the news, and bravo all the holders....
Stocks are hitting records and valuations are at 15-year highs, both signs of confidence. But a closer look at what is driving the rally shows that the eight-year bull market may be nearing its end.
The current earnings season makes it clear that investors are paying up for companies that are generating strong growth in earnings and revenues and ignoring or selling stocks where growth is anything less than stellar. In the past, that was a sign that the stock market rally, and the economic expansion, were in their final stages.
The quest for growth is epitomized by the stock gains in Amazon.com , Apple, Google parent Alphabet and Facebook . The S&P 500 Growth index has returned 17.1% this year. In contrast, the S&P 500 Value index, which includes stocks with lower P/E, price-to-sales and price-to-book ratios, has returned 6%. Nor is this just about investors’ infatuation with the S&P’s Gang of Four —growth’s outperformance extends to the shares of midsize and small companies.
The narrow preference for growth may be a sign that we are in the late stages of the economic cycle, points out Société Générale quantitative strategist Andrew Lapthorne.
Late in economic expansions, earnings growth slows and profit margins narrow. That puts a premium on companies that are able to keep generating growth. Indeed, in the latter stages of the both the bull market that ended in 2007 and the one that ended in 2000, growth stocks outperformed.
A similar dynamic may be in place now. At this stage in the current earnings season, it looks as if profits at companies in the S&P 500 rose 9.9% in the second quarter from a year earlier, according to Thomson Reuters I/B/E/S, down from a gain of 15.3% in the first quarter. And by one measure—domestic after-tax profits as a share of gross domestic product—U.S. profit margins peaked over two years ago.
Investors have become ruthless with companies that aren’t growing fast enough. On Thursday, Whirlpool fell 7.2% and F5 Networks fell 7.4% after their growth rates failed to satisfy investors.
Even if we are in the last stage of the economic cycle, it is impossible to know how long that stage will last. Growth stocks had only a brief period of outperformance in 2007 before the financial crisis. But fast-growing companies led the market for three years during the tech bubble. The rally in growth stocks will probably end badly, but it also may only have just begun.
Market cap as of now is 732.4mil... bravo! In order to hit 1bil market cap (after pp), share price need to be RM3.68. Possible to be done within this year? Let's see.
Greater show will be in next year and 2019. Huat journey still long way to go...
of course there are punters who have no money to hold a stock for longer time to make bigger money ,just wanna make some quick small money..if they dont sell cheap,how we have the opportunity to buy cheap stuffs?
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....
tftey
326 posts
Posted by tftey > 2017-07-26 16:33 | Report Abuse
Consolidation is almost completed !!