for time being, can dream of the new high... but i think at least 1.2 or 1.3 is my target, then I must see the sentiment.. i was with Hohup during PN17, hit RM1.60, then punctured until 0.80...
haha... but i dump hohup at level of RM1.1 or RM1.2... but now on the boat again, lets see, if same storm like last time, moved until RM1.40 or RM1.50 (slowed)
Please read the QR carefully, the construction division is actually not generating profit at all, profit of 3.2m was because of write back of bad debt provision, totalling to same 3.2m.
For the JV, it is another disappointment. The entitlement over the Quarters are as follows:
By ignoring construction & manufacturing division since these are not performing, the only major income source is Bukit Jalil JV plus the Aurora Place project.
Look at all other small cap property companies:
Hua Yang 4.12 Tambun 5.89 Matrix 5.55 OSK Property 4.70
Come on guys, I like this stock that's why I am here. Few of us here does not count much of the power to push down or up on the stock.
Bullrun18 & John888, the stock won't go down because of my words OR go up because of my words.
Forum is a place to discuss possible upside & downside of a stock & place to share news.
If you think talk easy will make you laugh all the way to bank, that's your choice & I will wish you all the best.
Finally, did you really read what I said? I strongly doubt it.
-------------------------------------------------------------------------------------------------------------------------- Posted by SuperMan 99 > Nov 18, 2015 11:31 PM | Report Abuse X
Though disappointed with the result but believe risk of going down is quite low as the stock is not so over-priced.
@superman99 i agree with you, in most of the forum everyone just like to say gogogo & upupup, but in the end go holland(just like half year ago when hohup is 1.4). neutral opinion is needed, so we can think and make our own decision.
But have to give credit to Management for the turnaround plan. Now is waiting for them to improve on their profit contribution from Construction division. If this has been resolved, that will be a WOW factor.
In Malaysia, these kinds of moderate small stocks are controlled and playing by big shark. Do not too serious with the figure or even performance of the company unless you are holding big stock like blue chips. I would say 70% depend on your luck to stand with the big shark but not from analysis. Sad but true.
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....
Xiao Mi
468 posts
Posted by Xiao Mi > 2015-11-11 13:37 | Report Abuse
lloydlim, Fed announced no interest hike in Dec?