Operator (sharks) always scare investors to throw/sell by creating negative news so that they can collect cheaply from not confident investors. Beware.
Ya...agree Take full responsibility for yourself IF you want to follow what others says. No one forcing you to buy or self. So take full credit if you got it RIGHT and take full blame (r responsibility when it did not turn out well.
can explain why this quarter paid 2 mil tax ..and last year this quarter gain 2 mil in tax expenses? Plus last year same quarter got one of 7.7mil insurance claims..looks like a good results to me ? div also increased to 4.5 cents
Yes, it is a better result than last year. This time quarter result look like muda drops 29.8%, but when look at the comparison, actually the earnings is better than last year...because last year got once time insurance gain 7.7mils & 2.3 mils tax gain , without the gain, it is 27 mils but not 36mils
And this time there is re-valuation fee of 3.7mil. If take out the fee, the total profit shall be 28mils.
Meaning,based on own ability earnings, last year was 27mil, this year is 28mil. So is historically earning...
Those people who do not know how to interpret financial report better registered and attend a course if you want to do well in investment. Do not simply tembak and make a fool out of yourselves
Great result ! Muda has achieved >8sen per quarter in last 2 quarters. The profit margin improved due to lower waste paper cost and higher selling price for its products.
The above trend will continue as China bans the import of waste paper.
The coming financial year report will be extremely good and there will a dividend declared as we can see from the previous year results & the chart ... therefore, the management might declare dividend for the shareholder, which can see from the proposed dividend by the management group in the quarter report.
Company generating 200mil over cashflows for 305mil shares putstanding, thts superb yielding 30% over on current price. The only thinking i have is reduce the nborrowing faster. Also div yield more than 4%. I guess the downside is likited, but upside can be surprise ifncontinue running at current situation. Pe is low, p /b low. Everything ok, just volatility of their goods sold to customer
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....
Nicholasming91
3,559 posts
Posted by Nicholasming91 > 2019-02-26 16:48 | Report Abuse
Today is the day to force people sell in fear and make them chase high again ! Kikiikik