This is indeed one of the few stocks which have been gravely undervalued, highly recommended to keep as many lots as you can before it fly high. Presumably by end of month. Huat Ah !!!
Hbglob frozen prepacked food is distributed in US , Aust etc ....suspect their business would hv benefited substantially fm the sales of prepackrd frozen food during the Mco etc
rivter rivter 0.07 buy in 700lot ~buy at low ~ cut lose 0.06 ~ 09/11/2019 1:02 PM buy more 300lot@0.07 ~ total in hand 1000lot ~ 09/12/2019 3:40 PM qr report this month out
A hint guys..check out Kawan Food Berhad - They manufactures and sells frozen food. The product portfolio includes – Paratha, Chapatti, Spring Roll Pastry, Naan, Bun, Bakery, and others. The business is spread across Malaysia, Rest of Asia, Europe, North America, Oceania, and Africa.
HBGlobal - Food processing company specializing in the production of wide variety of ready-to-serve food and frozen vegetable
Latest quarterly results of Kawan Food Berhad EPS increased by 400%
In short Wtk is a screaming buy with very positive catalyst loh..!!
We invest because of Catalysts !!!
Catalyst number 1: Directors swabble and force selling now over. Now they turned into buyers of Wtk shares. Company also does share buyback support like what Calvin saw in Supermax
Catalyst number 2: Political spat with India now over and they are buying palm oil from Malaysia once again
Catalyst number 3: FDI will increase use of both wood and plywood product for building of houses, condos and factories.
Catalyst number 4: The rise of coronavirus will increase usage of marking floor tape for distance spacing. Wtk sells to Billions people on earth. This unknown product springs to life by Covid 19!!! A huge windfall surprise
Catalyst 5: It's Cash Hoard is worth 77 a share and price is only 37 sen. Very very very safe stock unlike so many loaded with high debt
In short, Wtk has all the safety margin and great prospect going forward
And best of all the price is screaming out with Value
In a nutshell u cannot go wrong investing in WTK why ??
1. It has net cash of Rm 371m even more than topgloves 2. It has more prudent acquisition on its neighbour plantation increasing its ha size and most importantly enhancing its efficiency mah....!! 3. The palmoil price has started rising. 4. The timber price has stabilise & recovery 5. Its listed tape business under listed subsidiary CIC is doing well with covid19 social distancing. 6. Govt incentive on house buying will boost demand for plywood loh..!! 7. Most importantly the CEO of WTK has started buying a positive vote of confidence mah...!! 8. The company has been doing aggressive share buy back recently. 9. Wtk has declare a dividend of 1 sen giving a 3% pa dividend yield. 10. Its NTA is more than rm 2.00 loh....!!
My counter Benalec also stuck in 10-13 cents range.Because still need almost 60 over million to pay.But luckily it's had 2 project right for reclaimation.Some land.If there can settle then its boom time.HB global also if there can settle the debt then its boom time.
dont compare hbglobal to other con man china company. Check their previous shareholder, khazanah - do you know that khazanah is extremely thorough in their due diligence before they invest? Buy now before the train is up in the sky
The management of the Group had delivered a steady performance since FYE2017 ever since it embarked on its own self-rescue plan without any reliance on external parties when it undertook drastic measures in cessation of the duck farming segment since July 2016. The new challenges were coming in FY2020, despite the trade war, economic slowdown and swine fever in FYE2019, the outbreak of Wuhan Corona Virus in early FY2020 will surely another heavy impact on company performances. Theses factors will surely affect the whole world economic growth and international trade during these outbreak period and after, management expected the effect will continue till early FY2021. Management will focus on surviving instead of expanding in these period
BETTER STAY AWAY!!! WILL BE VERY BAD YEAR. PRICE WILL CRASH
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....
Bursatrador
483 posts
Posted by Bursatrador > 2020-06-11 23:38 | Report Abuse
Earnings To Be Better Ahead From High Demand Of Its Products!