Pavreit result just came out, quite good. The more pavreit doing good, the more losses will happen at Gob. If you just a speculate at this, remember don't wait until it's QR come out.
Gob has made a very stupid deal with pavreit to ensure its occupancy rate has fullfill its requirement. So Gob has giving a lot of rebate to tenant in order they rent shops in damen. Eventually all this rental cost are mostly beared by Gob for at lease 1 year above.
A lot of investors are still nursing the loss incurred by subscribing the rights at RM0.50. Can anyone tell me why selling Da'men can incur so much losses?
Just few days ago, GOB share price has been climbing north, something is amiss ! May those insiders at least highlight some glimpse to us as to what happens inside out? Operationally, GOB is a loss making for the first half and may continue to suffer losses in coming quarters.
Yesterday's drop could be attributed to profit taking or a healthy correction in a holiday-shortened week after a good run in the past days. So long as the play on selected property counters continues in the coming days, esp next week, chances are good that it can go higher.
Next quarterly report would shed more light on its potential and likelihood to go higher. Immediate supports are seen at 40 sen and 38 sen respectively.
Formation of Doji shooting star in daily chart indicating a short term pull back to test lower support level. As long as the support level 0.38 can hold then it will retest the recent high at 0.44. If the share price can maintain above 0.44 then the trend will turn bullish or else it will continue consolidate. My 2 cents . : -)
Every year Food business in China incurred losses. If the Board proposed to dispose this business at a fraction of the initial investment, there will be loses involved, unless it has earlier provided for. Again, if the China food business is doing well, why must the Directors want to sell?
Food business in China is very competitive. Difficult to make money and survive unless your product is unique and tasty, hygienic and reasonably priced.
This quarter result will be slightly better compared to last year. Reasons:- 1) Food business is sold, which mean "stop bleeding" from the current coffer. Estimated savings RM5~10mils per quarter. 2) Finance costs estimated savings due to repayment to bank is RM2mil per quarter.
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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....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2017-01-19 09:20 | Report Abuse
Watch out when it QR come out, then share price will be water fall again. Now just try to trap investors.