Just buy guys! Buy on weakness. When a good stock has been neglected like this to the extent like it is screaming "Buy me! Buy me!" what we are still waiting for! Buy in stages and be patient a bit. Otherwise go follow other crazy herd mentality people who are queuing to be slaughtered for keep chasing jaks and sendai..
The revenue generated from this division in the current quarter stood at RM39.3 million, which was fairly consistent with the RM39.1 million posted in last quarter. Year-on-year, revenue was up by 43% from RM27.5 million owing to greater bareboat charter income derived from the charter of Jack-Up Gas Compression Service Unit ("JUGCSU").
The division achieved a greater profit margin before tax of 56% (RM22.0 million) in the current quarter as compared to the 45% (RM17.6 million) and 18% (RM5.0 million) recorded in the preceding quarter and last year corresponding quarter. The improved performance this quarter was mainly attributed to higher income generation in relation to the charter of JUGCSU.
The price now is attract to many investors..but when I looking back the dividend background, the management very stingy la... ask ourselves, how many % of profit pay for dividend? Very selfish company
With the combination strong balance sheet (minimal debt and strong cash) and company is still capable to achieve small profits although in this downturn o&g industry, hopefully the good performance of company can deliver a better share price performance of this company soon.
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....
steveooikp
4,689 posts
Posted by steveooikp > 2017-04-18 08:36 | Report Abuse
funny, dialog aldy moved.
this coastal can't move.