Over the span of 4 years,this company had made profit and the y-o-y profit had been increasing (2011 - 14mil , 2012 - 14.4mil , 2013 - 14.8mil , 2014 - 18mil).Even comparing 1st quarter 2015 to 1st qtr 2014,the qtrly profit increase from 4mil to 5.2mil.
But the stock price haven't change much over this 4 years between 12 cents and 26 cents highest. And to make it even more weird,they do give some dividends!! Wth wrong with this counter!!
I just read the latest financial reports. Profits had gone up again. However, I couldn't figure out why had the nta dropped form 0.16 to 0.14? Much appreciate if anyone can enlighten on this topic.
Based on earning per share (EPS) of expected 14% to 17% annually, the share price will be around 0.13 sen to 0.18 sen if there is no any speculation or goreng. This is true usually for lower and second liner. Unless someone is goreng the counter.
I shall be retiring from the work force soon. Forced by inflation and poor governance, I wish to pick up some finer points on stock investment with my retirement funds. Marco seems pretty good, I think because of its strong balance sheet. Appreciate all the lessons I can get minus the trolls. Life is tough enough without those trolls.
hello chengster, u looking for short term trading or long term trading?
do check out mkland, the dividend is quite attractive, to me at least.
If you do not mind the value of your investment or share price does not move at all, then marco is indeed a good choice, which you'll be able to sleep soundly at night.
Otherwise, dun bet on it. As you'll be praying and wishing to sell for profit every day.
At this point in my life, I just wanna be able to sleep soundly, therefore long term trading. Marco used to give out 8% dividend. It managed to beat inflation by a nose. Just wonder what the board of directors are thinking by hoarding so much cash! I will study MKLand and Opensys. Thanks for the sincere advice, Shacks and Koi.
many many quarter report has passed yet the price is still unmoved. It's not the financial report thats determine the stock price, but the syndicate and management intention...
Hopefully, someone from somewhere will somehow want to goreng this stock sometime soon.
Remember that Marco has cash and bank deposits of more than RM75.00 Million with zero (0.00) bank borrowings. With this strong and healthy balance sheet as at end of 1st quarter 2015 March. in the long run, you will get your return back. The market sentiment is bad now. When market return to normal, the dividend will increase again. It is good that the dividend for financial year is only 2%, so if for financial 2015 is 10%, you will get a total of 12% within 15 months.
Probably most of directors are old and conservative. Attend AGM and request them to resign. Replace with young, aggressive and ambitious entrepreneurs.
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....
Shacks
1,542 posts
Posted by Shacks > 2015-05-19 14:09 | Report Abuse
sellers cabut, but no sign of buyers...