I think the price will be maintained rm3 until they release news of the acquisition of MACE, which will be soon(as previously is just stated as proposal)
hstha you must know that calvin tan is a big joker in i3. His stock picks are lousy. Hence don't take so serious on what's his call/post. And also Jhm has minimal impact on currency fluctuation as sales and costing are dominated in USD.
There're a few people here bashing so that they can buy low haha. This is a golden stock in this kind of economy. Consecutive growth is rare. Anyone who sells will regret it when Q4 result is out ;)
QoQ result was flat, it's expected as growth only start to reflect in Q4, market already digest the result prior to result releases. But there are still some 'slow' investors who will only react tmrw... once the result has been fully digested, it will start to move north.. sit tight and enjoy the ride. i wish it can reach 2.70 but i guess it will never happen...
This company is cash rich, previous quarter their cash was 10,926. But this quarter their cash is at 46,096. Jump 421%. And cash generated from operations for this quarter is actually higher than last quarter when you exclude tax and interest.
No, cash is from Private Placement, and it will soon be utilized for expansion.
The Group's net cash generated from operating activities was improved from negative of RM5.43 million to a positive position of RM0.11 million as compared to last year. This was mainly due to efficiency of inventory management. Stated in the 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....
mega_invester
140 posts
Posted by mega_invester > 2017-11-13 20:04 | Report Abuse
280... XD