May i know why klse screener apps still showing 281M shares. This is weird, i make a wrong FA judgment because of this apps, usually its updated, damn...
I dunno but Luxchem is my favourite n it would be a goreng before QR out. Luxchem has good fundamental wit clear expansion plans. It covers n supplies materials to almost all types of industries...strong base wit potential to grow supported by expansion plans...grow, flyyyyyy....
GP margin still decent, stay at 11%. But Forex loss of RM665k (9M17: RM1.74mil vs 9M16: RM47k Forex gain) and RM874k impairment loss on receivable in CY affected the net margin. Anyhow market price already the fair value, it might going down with this QR release.
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....
kk123
1,964 posts
Posted by kk123 > 2017-09-07 18:53 | Report Abuse
A drop was expected as it has over 844 million shares in the market now after the split...
it may over hang if the selling pick up pace haha