not negative. its truth. if you buy at current price, it looks good at current price. decent dividend. Same thing when you look at it two years back. Well, of course what i am telling is history, maybe it will become better, or worse. who knows
Just wondering why is profit margin is so low. Even the revenue hits 1B but net profit is 3%-4% only. the 2017 and 2018 AR show it has negative cash flow from operation......
ya. me too. about two years back few quarters profit very strong, dunno why profit suddenly drop to this level and cannot improve for few quarters. i remember got one interview with the management when the price at above RM1 that time, the management still say the PE low for a growth stock. but after that profit drop. no clue what is happen
actually this business not bad. hope its VN business keep expanding. but probably the management not so aggressive. feel sad about that. its DY still good luckily.
where did you see the negative cash flow titus? Based on later Quarter report, the cash flow is positive, RM5m+. Based on 2018 Yearly report, overall cashflow is negative RM-20m+, but the "Operating profit before working capital changes" is RM40m+. The -RM20m was mainly caused by some investment and capital changes which I think not permanent.
I expect for Samchem to get a better IPO price and premium to list in Vietnam, they must wait China and US trade to settle down first, once that is done, they will announce the Vietnam listing news. Slowly accumulate this counter, at least good dividend to receipt every quarter. Nothing to worry. Borrowing is reduced as shown in the recent quarter report.
Kevin, I saw this quarter giving 1 sen dividen. Date to be announce. 3rd interim div. Total 3 sen so far. Maybe you are right that there is one more final dividen. So, can buy?
MK76, when looking at dividend, just look at the 4 recent quarters not by year. They will announce another date for the new dividend later. 6.8% dividends yield for PE=8. What else you ask for?
RHB Retail Research said Samchem Holdings Bhd may climb higher after forming a white candle and leaving an upside gap.
In a trading ideas note today, the research house said this candle has sent the stock to its highest close in more than two months, thereby enhancing the positive sentiment.
4 cents la.. why still got ppl talking about 3 cents. Read the quarter report la.. As long as Book of Notice not yet announce, the system will only show 3 cents, but the report already telling you they will pay another 1 cents (date to be announced) in the report. Don be lazy, read more.
yes you very clever akupolitikk, that's why only see 3cts. Those dumb crab realized it is 4 cents, that's why bought at 0.5x when the report just released. You clever prawn assuming is 3cts.
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....
big77
171 posts
Posted by big77 > 2019-03-28 09:52 | Report Abuse
NOT MUCH NEWS FROM THE COMPANY, EXCEPT THE QUARTERLY REPORTS HIGHLIGHTED THAT THE DIRECTORS ARE OPTIMISTIC.