cheoky, but those big companies wont run gua? They drag the payments on guan chong? i see the trade receivables growing from 300m+ to recently near 400m, i suppose the huge loan (~700m) is used to cover factory/company expenses and to pay the suppliers (trade payables reducing)..
No sales said no sales. When expand to get sales and sales jumped 45% then said high loan, customers not paying high trade receivable lah bla bla. We can never satisfy and its not easy to
When company announced positives we will talk negatives or rather find negativities. When company announced negatives them we wiil try come out with justification and say the comoaby os not like tat lah we dun o lah and the big boss know what they are doing lah. One classic example recently will be genm. Its clearly a RPT at minority expense but stil many defended it and said the boss know what he is doing lah and the deal is good for long term lah...
Ira very simple. All is abt earnings earnings and earnings! What price bottom up or peak or stagnabt all irrelevant. When there is value, it will reflect eventually
Finally, someone with sense. The rest of you self-righteous guru. Just a word. Most fund managers cannot beat the market so you think you can? Good luck with that cause you are going to need it.
There r always sellers and buyers in a broader market. There are also short medium and long term investors. Some may see its better to put profits in own pocket now at this price and there are also some may see further value on the bonus issue. Bonus issue is the indication of confidence the management have in the company. Future profitabilities needed to support the enlarge share due to the bonus. Theoritically, management expect higher profits ahead. Thats my take
Cos when company net profit increase may be due to factors like cost cutting measures, fx gained, hedging advantage, one off disposal gain to say the least. But when company increase its turnover means the company is growing and even gaining market share. And when turnover increased coupled with profit increased means many things are right in place. Sales increase plus net profit increase mean profit is not compromise for sales. Many companies sales increased but profit shrunk. So thats how i look at GCB right now. Everythg put in place seems right for the company seems right. And now with bonus issue 1-1 plus free warrants, and in this sanguine market, gcb seems like a gem at the moment. Just hope the good performance will last a few more quarters. This is my 2 cent
The pattern of GCB is quite the same as PENTA. Revenue & profit keep going up quarter by quarter & year by year, then the share price will follow the up trend as well. In order to enlarge share capital, bonus issue will serve the purpose. With current price, GCB still worth to invest as the growth story still intact.
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....
jimmyinvest007
13 posts
Posted by jimmyinvest007 > 2019-08-08 08:57 | Report Abuse
Maybe next week the QR will out according to last few years history... these few days price shld be up if result is excellent