This type of company doing IBS ,, even if boom order book,, how much can they produce or manufacture,,, if manufacture too much got no place to store and too much double handling. So at best valuation should be on max capacity they can sell.
But only short term only That is before 52% Diesel Price rise result backdated to April to June 2024 Qtr Diesel price rise will now see Cost of Construction Material up by 5% to 30%
So if price surge take quick profits
Then Switch to Safer Stock
See
SOP (5126) A FANTASTIC RESULT AND A ROCK SOLID BALANCE SHEET FROM THIS PALM OIL COMPANY, Calvin Tan
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....
ks55
4,242 posts
Posted by ks55 > 2024-07-16 15:52 | Report Abuse
I am seeing money in Kimlun. Already making more than 100% if selling now.