Hi bro and sis, please stay calm, the recent drop in chinwell share price was mainly due to overly react of some "people".peoples is the key factor of influecing the share prices but not the currency, those who overlly react is neithet help to pull the price nor push the price... those "people" are normally the wind follower...especially contrarian... if the company is doing good and is making a handsome profit then who the hell will care about the currency ...every business owner only willing to sell their products with certain profit margin, if currency is really not on their favorable side then definately the business owner will adjust their selling price in order to make the situation favarable to them... so, why worry so much of the currency issue, weakenning myr is only added grace to what is already beuatiful to exporting counters, but not main factor...... ch eers..... woohooo...
Do you know that chinwell can review their producte selling price without prior noticebif the currency not doing good? Obviously robot888 is not in the market neither share market nor business market.... by the way, how. much losses you make robot 888?
I think Q1 will still doing well, but Q2 will be affected, because a lot of order has been placed by European client prior to release of Anti Dump policy (normally order is place 3-4 month ahead).
I have read the star article. Despite facing competition from China products, Chin Well has some strong points as well:
-DIY division (UK and Germany) is expected to contribute about 25%, compared with last year 18% -Orders for fencing materials had improved compared with the first half of 2015, orders started to come in late last year. Now the order book is filled till the end of 2016 -Chin Herr's contribution projected to increase over 30% from 20% last year -Construction fastener demand is expected to be highest on account of rising construction activities in Asia-Pacific -Renovation and restructuring activities of North America and Europe will contribute to the demand for fasteners
cautiously optimistic , the heck you learn this word from analyst ? That's a "reserve of opinion" of "optimistic" jargon word used by the lapsap analyst.
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....
soon9913
2,820 posts
Posted by soon9913 > 2016-03-30 11:38 | Report Abuse
don't rush for sell. take the div first ex 1.4