Don't capitulate , company is still making good profit though it's in the hate sector ; the forward EPS for 2017 can still be around 20 sen besides, there is a possibility of dividend after Q4.
KUALA LUMPUR (Jan 17): Hua Yang Bhd saw its net profit decline 65.45% to RM10.42 million or 2.96 sen a share in its third quarter ended Dec 31, 2016 (3QFY17) from RM30.16 million or 8.57 sen a share a year ago.
IDK, the fact that its share price went up really surprised me. Probably the market has already anticipated the poor performance before the Quarterly report came out? or the management is buying stocks? Not sure, let's observe for a bit longer
In experience, mgmt will utilise paying dividend time to dispose more share for public.......remember same like after release bonus share time and share price keeping stopped at bottom now! Be caution 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....
BN_menang
2,982 posts
Posted by BN_menang > 2016-11-25 11:06 | Report Abuse
Shariah compliant.