Actually 4Q15 results were good. This is of course after we exclude a one-off tax cost coming from a subsidiary in 2013. PBT was up considerably vs 3Q15 proving that the turnaround is sustainable.
Look for margin of profit or Profit before tax guan chong really has very good turnaround apparently. Just a Tax expenses caused the net profit less. Everyone can further explain the tax expenses?
Q2Q massive improvement with 110%. Guan Chong is turnaround play with 3 Qtrs consecutive in profit, If without tax provision, this quarter results should be better with probably whole year profit of RM30Mil. I believe Qtr1 2016, will be better off with cocoa beans price soften by 15% and improve selling prices.
profit before tax was RM15m in forth quarter, after deduct the tax become RM203k, so why have to cut ?? the result is still good. I will continue to buy at RM1.00, anyone dont want this company please sell to me at RM1.00. will see this price back to 1.30 soon.
conservative looking to the market reaction to its result about averaging now, but seems like that's the feasible approach to opt for if current holding is way too high in term of base price?? any insight?
revenue is increasing yearly but earnings come down because of the selling price is collapse due to lack of Asia demand. If demand and supply is match, will have substantial return in another 2 Quarter. Be patient and collect now.
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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....
nekosan
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Posted by nekosan > 2016-02-29 18:20 | Report Abuse
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