I think revenue drop is because of last year march 25kg flour price hike and retail buy more flour to stock before the price hike. Just wait for their indonesia flour business to perform, huge population mean huge potential.
sometimes i felt these corporate exercises are venomous to a healthy company if not managed properly~after share split and rights,the share price has bottomed for almost 5 years~
This stock looks very strong despite several days of surge but with minimal profits takings less than few cents . Strong buying support to keep the momentum for the next surge could be very likely ahead .
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....
chinkeong88
192 posts
Posted by chinkeong88 > 2017-05-30 19:47 | Report Abuse
Can it sustain at rm2? I buy some confident to wait and see.. my ave price is 1.5 which I already hold for 3yr already.. patient