Pantech's trading segment will improve in tandem with the increased activities in O&G companies in 2H2019. For the manufacturing segment, the ban on carbon steel sales to US had been lifted since Jun'19 and the earnings from this segment will see a boost from Sept-Nov'19 quarter onwards.
Extracted from previous quarter report "The lower revenue and segment profit before tax for the current quarter and the 3 months ended 31 May 2019 was mainly due to the lower sales contribution from carbon steel manufacturing plant due to the suspension on shipments to United States arising from the preliminary affirmative anti-circumvention determination on Malaysia."
This coming quarter is the for period June to September, "the carbon steel manufacturing plant will commence shipments of its carbon steel butt-weld fittings to U.S. immediately following the positive outcome on the final affirmative determination concerning circumvention of antidumping duty order on carbon steel buttweld fittings from Malaysia issued on 14 June 2019."
Cant wait to see the upcoming quarter result end of this month. ;)
This counter really boring. I have average down my price from 0.83 to 0.60, but i'm not dare to average down my price, when it drop to 0.49. That all my "blood sweat money". I just put aside this shares. Luckily i have successful subscribed AME IPO, today earned some profits :) 不止于那么伤, hahaha.
lets say extra 1.5mil from manufacturing sector, that will be 1.5mil/751mil = 0.2sens increase from last quarter. Lets see if this quarter EPS can meet 1.49 + 0.20sens = 1.69sens. ;)
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....
top_idiot
143 posts
Posted by top_idiot > 2019-09-17 18:34 | Report Abuse
my avr price 0.65 , two years already, sampah share