I have read attachment for quarter report & must agree it's a poor result. The trading division recorded approx. 4.3mil drop in net profit & this is after including higher cooking oil sales
Yee Lee didn't do much advertisement thus it must be BTL & trade activities that eat into its net profit. Example, buy 10 cartons free 2 cartons to retailers and TPR and/or multi-units discount to consumers
Spritzer, Redbull & Oldtown are most likely used the tactics compared with Campbell. I will keep Yee Lee for now & will sell if no improvement on next quarter report
Revenue still increaseing.. Why you guys behave like company going to close down soon lol... Relax as long you didn't chase high.. Yeelee still one of the best and steady stock :)
Cannot drop? You must be kidding. Newbie? No matter how good or how strong a share is when sentiment is bad all shares can drop. One fine example is TNB, in 1978it plunged to 2.47.
From consumer standpoint, i am seeing more promotion on other brands cooking oil (especially Lam Soon group). The insider buying back in Jun is to exercise their option (acquire share at lower price) and not open market purchase, so i won't take it as a positive sign. Stable company, but i don't see any potential of growth in short term.
The Board of Directors of Spritzer wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved its request for trading suspension pending release of an announcement in relation to the fund raising exercise
gentlemen my stock picked has no problem as always i knew big shareholders still holding the biggest stake in it. I will not worry about it unless they dump the shares else i wont sell hahahah
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....
Cornerstone
617 posts
Posted by Cornerstone > 2017-05-31 14:26 | Report Abuse
but this stock always sleeping...