turnaround strategy seems to be successful, profits in line with expectations, director stated there will be no dividends in next 2 years, if this ter of growth is sustained, share value should be increased in near future.
no so bad a profit considering co just turning around ,more time needed for better recoverary n div.actually rather good for construction n erection co, this year,many cos.lost heavyly this last 9 mths.
When the country is facing numerous uncertainities ,capital market is the first data responded negatively,overall market performance dive heading south and weakened.Very unfortunate, Zelan achievements attain at wrong timing!!!!!!!!!!!!!!!!What can we expect ???????????? Fong Sui not backing Zelan temporary !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I wonder why i did not received Zelan AGM notice on Beginning of the May. I Just received Sunsuria EGM notice by today,the post office stated that the envelope found torn/open by other. Is it related...?
"cumulative net foreign outflow in 2015 is currently at RM5.75bil. In comparison, the cumulative foreign outflow for the entire 2014 was -RM6.93bil" (MIDF RESEARCH)...when the foreign money comes back later, this counter will fly fly. Now just sit back and relax :)
still cannot really justify cheap or expensive. if company goes back to -ve earnings, at this price will seem expensive. if they can maintain their profits, then can say its cheap. overall, earnings not stable enough yet. so any decision to buy will be a speculative decision. cheers !
Buy share is buying the future business of a company by weighing the value through examine disclosed share valuation data .There will be risk involve in the business which is unavoidable sometimes beyond human capability like earth quake,strong flood etc.A past losing company which can achieve three stright fin qrts continously from core business is term business turn around after revamp exercise. Like Zelan,the business is on track ready to clamp more project and share price at now is cheap compare to peers construction players .But when all the bidding projects materialised ,Mr. Market won't sell to you at 33 cts ,may be 50cts above !!!!!!
a lot of mass that push bskl to bearish cycle : 1. 1mfb potential affecting msian credit rating 2. Ringgit bearish/usd bullish (rm3.76/usf from rm3.3 few months earlier) causing forex lost to debt payment by msian gov n bskl companies 3. US economic data show slightly better results as such putting FED potentially to raise US intrest rate 4. Greece potehtial debt defult by end of june 5. 11th msian plan which look like more of day dreaming plan 6. even the projects budgeted for 2015 which sound very encouraging are just twisted story because the project tender only will be isued in 2nd half of 2015 but the actual project award n spending will happen in 2016 or 2015 budgeted project miss guiding concept... 7. golbal bearish cycle start to kick in
so with all the above it is fair to say that bskl is look negative to forign n local investors...
Market in for a rough ride Saturday, 6 June 2015 By: INTAN FARHANA, RISEN JAYASEELAN
AN ominous letter was written by a UK-based fund manager to a Bursa Malaysia-listed company recently, explaining the reasons why the fund, which had been a long standing shareholder, was intending to liquidate its substantial position in the company.
The fund said that while it had no issues with the performance of the company, it was selling out of the company because of three reasons: concerns about the unravelling of the 1Malaysia Development Bhd issue, worries about a rating downgrade of Malaysia and fears of political instability.
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....
tjhldg
27,218 posts
Posted by tjhldg > 2015-05-27 23:07 | Report Abuse
Hehehheheheh... Mau ada divvy baru beli ka ?