i believe it will be around 5 to 6.5 cents for the 3Q which is more than double of last year. the meat will be on the 4Q where prices had increased since october.
Revenue has been consistance for the pass few years I believe it will maintain at least 200m per quarter, this quarter will be 200m too with net profit highly likely to outperform, and higher profit margin. Simply due to better pricing.
Yeekarwai95, I apologised if I comment wrongly, just my 2 cent view, even though if the company got huge cash, they can sell down at anytime they wish. Don't take it too seriously.
it's comparing year on year one lah where got ppl compare december to june one, its decem to decem.... aiyooo tak tahan my stupid people want to invest stock......headache XD
Variation of results against preceding quarter The Group’s revenue has decreased by 4.5% from RM269.7 million in the preceding quarter to RM257.6 million this quarter. The decrease in revenue is due to significant decrease in the sales volume and higher selling prices of all our steel products. The Group registered a significantly lower profit before tax of RM24.8 million this quarter compared with RM38.0 million achieved in the previous quarter due mainly to significant drop in sale of our higher priced higher margin products and substantial increase in raw material cost.
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....
yeekarwai 95
3,967 posts
Posted by yeekarwai 95 > 2016-11-16 12:25 | Report Abuse
3sen?are you.kidding me?