It's cash more than 40% of nta, about 20cents+. Current price 0.78. U buying company business with 58cents. With its current earning....sendiri imagine. On the other hand, don't forget, its streaming down its low profit margin production. Looks at the segment report. Almost Malaysian business fully cutoff. Production capacity is still there. Now just wait customer give them more mould to produce. Injection moulding business is simple, if u have the machine. I did work in injection moulding company before. Just bring a mould come back from mnc, then produce here. produce here is cheaper than in china, because myr drop , china Yuen up.That's why u can c management build a new plant in johor. They wish to get more mnc contract. Cutoff the local charity business. Keep the production capacity for better margin export business. Myr drop too much. The existing mnc customer will slowly give all the mould to lcth. Let them produce. U can c export segment revenue keep increasing. I can foresee its potential.
@guoyen, thank you for your concern.Have a lot of free time so this forum keeps me actively occupied. From the last dividend announcementt in August, price dipped 10 cents from high 0.65 (13th) to low 0.55 (25th). So, this is a normal incident. So expecting 0.725 to enter......
Forget about LCTH for a while and see Minho, whose price has been steadied at 1.31-1.33 but closed today at 1.38. Failed to breached 1.40 resistance on two previous attempts. Can it be third time lucky?
@quoyen..not given up yet. Collecting dividend and taking your advice to take a short break (from this counter). Forum members must support positively because investing in your hard earned money is long term. Market goes indefinitely both ways but market closes and opens every trading days.
Sneaked in at 0.72; Fourth day of red dominance. Will the green start the momemtum again in December? However confident this counter well supported at 0.73.
My 2centsense is fund managers have been selling to take profits what have had been a good year performance for them. As December is a more likely rally month for KLSE, the lower price base provides a superb re entry point for them. Is there any fear? if yes, make your entry now because the BUY signal is flashing.
"Global funds raise U.S. equity holdings, eye emerging markets for 2016 bounce" ......... "Momentum is positive in the U.S.," said Germano. "Growth is more widespread and robust, and improvements in the labor market will likely continue to support internal demand. ........ Meanwhile, Asia's manufacturing hubs too should benefit from persistent low oil prices and any pick up in U.S. consumer spending.....
Previously when the price fall from 0.70 to 0.60 it bounce to 0.80 and above.Therefore, with the same pattern, it will cross to 0.80 as still bullish in SMA 10.
Nice to have positive comments. The big Q is are we still in a bullish rally? If yes, pick stock at any downside price and wait (patiently) for a reversal of fortune. If no, take your money out and wait till you think its the bottom. In this meantime of waiting, do a course on feng shui and let us know when is the bottom, please.
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....
nickychang
125 posts
Posted by nickychang > 2015-11-21 19:59 | Report Abuse
It's cash more than 40% of nta, about 20cents+. Current price 0.78. U buying company business with 58cents. With its current earning....sendiri imagine. On the other hand, don't forget, its streaming down its low profit margin production. Looks at the segment report. Almost Malaysian business fully cutoff. Production capacity is still there. Now just wait customer give them more mould to produce. Injection moulding business is simple, if u have the machine. I did work in injection moulding company before. Just bring a mould come back from mnc, then produce here. produce here is cheaper than in china, because myr drop , china Yuen up.That's why u can c management build a new plant in johor. They wish to get more mnc contract. Cutoff the local charity business. Keep the production capacity for better margin export business. Myr drop too much. The existing mnc customer will slowly give all the mould to lcth. Let them produce. U can c export segment revenue keep increasing. I can foresee its potential.