the improvement of profits is only due to cost write back for Indonesia Project. price up mean some one is pushing up the price but not because of the good fundamental of the company.
Haha, this is what I think la. We may have dif opinion. Profit not from the core business is not stable. If all the value of good news reflected in next q result, it would be more convincing.
Assuming 2 years time,zelan successfully executed 80% of the projects with good profit, and at that time the share price would be 2.50 above no more 38cts which is 6.57 times your initial investment and 10 times bank fix deposit. To invest in share market is to invest on the future forecasted companny business profit, and by that time the good result shown in the q result,the share price will also have gone up alot,(no more 38cts! ) steady counters like tnb klk etc are trading above 10 ringgit but zelan is a penny counter.Are you ready to take the risk??????????????????
I see saving in terms of adm exp & finance cost, the margin also looks better this quarter eventhough taxation is higher after peel-off write-back from Indo, if can continue cost improvement while big project take off, that will be good
Read the correct imformation from the reliable sources;after the coperate exercise of cleaning up accumalated loses and completed right issuance,with the clamping 500millions worth project the company is a newly born foundamental stock,so guys be positive.ppppppppppppppppppppppppppptive.
Just take it easy. Look at the contract the company have got recently, look at the web page, look at the lay out of the annual account, look at the know how the company master, look at everything = proffecionally, they just made one mistake trying to change the company into a world player! now the strategy is clear and safe. We wait and see
This Q result still not consider good. Revenue of this Q result was also dropped. If up trend of price mostly goreng by big sharks only. Consider the 3 big projects announced before haven't reflect in the this Q, there may be an significant improvement in next Q results. Let us wait for the 3rd and 4th Q result, which really perform well and bring up the price with a real solid performance!
Don't forget Zelan come up from very low very fast. A lot of investors like to se the money in their pockets. New investors will come when people realize that the company are on a new track
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....
luckyfrankie
167 posts
Posted by luckyfrankie > 2014-08-21 17:21 | Report Abuse
RepcoLow2, i like your work,