TQ bull8888, pricing is base on chart pattern support .54ct and 1st resistant is .55ct. OBV is also following through. This is my personal prediction, buying and selling at OWN risk.
Don't forget Melewar which is Mycron's largest shareholder ready to reap profits from Mycron & also MAA's free cash flow. While Mycron has shot up, Melewar is still undervalued!
jcwm22, that's not true, price up DOUBLE from last year, but profit only up little bit if compared to last year, so this stock is OVER-PRICED, better RUN before you regret.
Profit from operations for 30 June 2016 quarter is RM23.2 million compared to RM6.4 million for 30 June 2015 quarter. Also, the overall profit for the 30 June 2015 quarter included a gain on bargain purchase of a subsidiary company amounting to RM21 million. Therefore, the comment that profit is down by half year-on-year is not correct.
Moneysifu, who are these certain people you are talking about? And what is their expectation of Mycron's profit? Are you speaking as a matter of fact or simply plucking this out of the sky?
KLCI King, how can you say it is overpriced when the earnings per share for 2016 so far is already more than five sen? You are not making sense, from a financial analysis.
I've read every QR & AR for the past 3 years for 4-5 times to understand how this company did.
The Chairman's statement for AR 2015 is the best among ALL Companies listed in Bursa, it is so detailed until I can understand how the business run & what were happening in the industry locally & globally.
I will feel very great if I were the shareholder of this company. So I am now.
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....
6182al
310 posts
Posted by 6182al > 2016-08-06 14:54 | Report Abuse
TQ bull8888, pricing is base on chart pattern support .54ct and 1st resistant is .55ct. OBV is also following through. This is my personal prediction, buying and selling at OWN risk.