market cap only 128m for a mainboard stock, NTA 1.1, also high potential upcoming good qr due to high timber price. i think should worth 60 sens at least
But Minho is a undervalue gem where they’ve plenty of land at klang valley! Big bosses like MahSing should buy over this company and save rental Rm30m...
if u see undervalue gem, u must dare to hoot. directors still have alot warrant on their hand if u see their latest annual report. that means they only have 2 plan on hand. 1 is convert it, get more dividend later. 2 is push high the price before AUG. Either way is good for us, so don't miss the boat
it is to wash off the weak holder then the price can go up. Lumber price drop quite abit from high as well, but should still be very profitable for the company
When qr out, you will feel the heat and pain. God bless you all. You feel cheap because you compare with last week highest. Banker already left when .0.45and above
with inflation and shortage of lumber. Minho will definitely be good in upcoming QR, even the previous quarter is a loss, u can see there is a better cashflow and increasing lumber extraction activity. when europe and US economy recover, there will only be more and more demand for lumber. not to mention India burn alot of lumber recently they require more as well. the current price of minho is really not worth to sell it, might as well hold it tightly so u will not regret if it goes up later.
should be out this or next week. from previous record the Q1 result is the best, lets hope Minho deliver a nice result this time as well. Just remember don't be too greedy, don't all in. Even if it goes the other way as what I predicted, worst case is just cut loss only, not end of the world.
If u noticed, the revenue (sales volume) and PBT is dropping YoY. As a genuine upstream timber player. Where is the good factor (money) went? No doubt lumber price up so much but not reflected at company's performance? why? Shareholder should ask during annual meeting. Are they themselves also having shortage of raw material? They need to import? higher import cost up due to week ringgit? IF shareholders here are goreng kaki...better just keep quiet and pray hard...hope to see it goreng again loooo
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....
Huitan
188 posts
Posted by Huitan > 2021-05-11 14:58 | Report Abuse
Rest in peace