Double digit cost increased due to higher price in rubber wood and glue while ringgit had dropped about 10% against USD during the corresponding period.
The worst thing is excessive capacity from China and Indonesian.
In 2018...manufacturing cost further increased due to the absorption of foreign labor levy and natural gas increased another 23%.....rubber wood had increased another 8% since this month...
Extremely bad outlook beyond qtrly result after December 2017...this will reflect in mid may 2018 when they release qtr 1 FR
Increase in wood, glue, labour and gas cost and weakening of USD believe is already priced in. I think you are just trying to buy cheap... Who knows, maybe you have already started accumulating
It's nothing to do with wrong timing...wannabeinvestor.....it has to do with the eyes to anticipate the possibility and likely of future earning...as projected by insiders
if you are not investing for the next 2 quarters....why spending so much time here in this forum, so closely tracking the price somemore, even 0.5 cents movements also
I think the price now already reflects bad coming quarter result...since everyone knows that raining season affect its raw material supply. Share price could shoot up if the results is actually not as bad.
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....
cy91
397 posts
Posted by cy91 > 2018-01-16 14:05 | Report Abuse
can buy ah now? haha