B3. Prospects for the Current Financial Year The Group's current focus on transformation and reform of the management, strengthening and improving the standard operating procedures with the ultimate goal to achieve a better yield for the current financial year is starting to bear results. The Group anticipates an improved production volume in the coming quarter following the improvement of field conditions. Barring any unforeseen circumstances, the Board is confident that with these improvements in place, the Group will achieve satisfactory results in the current financial year.
The company is highly influenced by the market palm oil prices and palm oil prices have increased recently due to the increased demand and cut of production. It’s not unusual because volume is low and it can be clearly seen that the recent sell off is due to contra players who do not have money to hold stock or speculators who have better stocks to buy as to maximize their gains. So I would recommend a buy for this stock.
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....
rlch
4,142 posts
Posted by rlch > 2018-05-18 11:31 | Report Abuse
TaAnn loss not their money so don't feel hurt?