revenue was hit by downturn of o&g industry. profit margin went up to 48% being blessed by fall of ringgit. how well this fundamentally sound company could ride through these rainy days?
try to look at its revenue for the past few years. growth is kinda stagnant. despite every aspect of its financial report looks fantastic. what say the gurus? :)
Management is aware of the stagnant growth as someone has highlighted. Therefore, a new fabrication warehouse bought in SG recently able to expand its business volume and to provide better services to its customer. Please take this into account.
oh no calvintaneng-senpai notice me. im kinda agree with your TMakmuer calvintaneng bro, but I think the 0.06 dividend started when they started the bauxite mining in 2014. So myb dividend depend on bauxite profit.
they felt guilty to the pollution caused, so they offered dividend to make up/wash their sins =).
Why this company doing badly. It was once my apple of the eye. When is the Turbo-Mech's AGM 2018. I want to raise a lot of questions about this company. Thanaraj
Yes I am going to the AGM on 21/5/2018. I hope there will be full turn out of investors at the AGM ( unlike the previous AGMs) because of the current situation of the company and we are really hungry to know more on the activities of Turbo.
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....
NOBY
936 posts
Posted by NOBY > 2015-05-18 09:10 | Report Abuse
Turbo is moving towards the RM1.25 resistance with good volume... hopefully it will break out today...