TRC – A Slow 1HFY12/12, But Stronger Earnings Ahead Outperform
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- expect TRC’s 1HFY12/12 results to come in at only a fraction of our full-year net profit forecast of RM26.3m and the full-year net profit consensus of RM24.3m.
- However, will consider the results within expectations as the weak 1HFY12/12 earnings will have been predominantly due to the timing in profit recognition during the year that is skewed more towards 2H vis-à-vis 1H.
it has order book of 2 bil..and pppl start paying them back oredi.based on the chart of prev years oso.construction counter will only shoot up at the start of the year.then it is silent throughtput.
hav to understand that klse volume is very low and ppl start to move to defensive stocks..this TRC is holding alot of projects in hand and uncompleted..ppl are more into dividend yielding stocks.
The company cashflow is not jived with the negative flow of share price, and very low trading volume. I have to cut loss on this counter, wasing time and energy.
still dunno what is the construction industrial counter trick ?
need to ask those engineers in the construction industry to give you some eye opening view, especially those have been in government agency (JKR), building contractors, C&S consultants
spotted good one, ex-industry ppl residing far far away from homeland, only if he is willing to tell more. kekekekeke
yes this is the company that killed ppl..now project hang..which is 33% .. they receive a lot project and takes few years to complete,now full edi..so price wont move edi as its oredi priced in.
yes yes yes ...i m waiting for the price to shoot up...i bought high ...still holding...waiting for the miracle to happen...never mind already took the dividend...ok....god bless all...hev faith..what else can do..let it be..what will be will be
Sadly most project nowadays seem lack safety include collapse even with manys Engneers and Arkitek??>..Nak station safety Officer, NOISH...?? Malang selepas runtuh, berlobang dan kematian sama aja...untung spread mah
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....
chong79
27 posts
Posted by chong79 > 2012-02-23 17:02 | Report Abuse
any advise on this counter? Hold or stop loss, price keep on dropping.