Q1. 14 days sufficient? Q2. Q4 is worst then last year. Q1 chance of better performance? Q3. Possibility of certain states to ban (may be not now as every state needs $)? Q4. Illegal remains strong? Maintain No Go. DY is attractive. To review at 1.50. Anyway, price may follow market sentiment.
Magnum should start developing mobile app purchasing which I believe is doable. With or without covid, their sales will expand quickly. They can also start to close shops to reduce cost. Mobile apps is fairly simple to develop
Unfortunately not allowed for online sales due to many reasons. Otherwise can help generate more tax which is much needed under the current conditions. Illegal one may be is the most happiest now.
everyone now trading d.. no one buy magnum liao. dont miss the n2n boat.
n2n. simple calculation. their previous quarter 2 to 3 million drop due to taxes and one time off implementation. hence, around earning per share 1 earning per share. given 20% increase in revenue, eps of 1 + 1.20 + 1.20 + 1.20 = 4.6 cents eps. PE of 20 is 92 cents. at minimum this market technology pe of 20 is conservative. margin of safety of 30%. this is undervalue
People elected new gov has gone, still got hope? Donated to covid fund for new gov to combat covid? One of the last business to resume operations as there are more other important agenda. While some may argue tax is important... TP 2.80 before next election.
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....
DollyLucky
215 posts
Posted by DollyLucky > 2020-03-01 18:56 | Report Abuse
Good eveybody can save money now.