Good company with good earning, a hidden gem! From FA perspective, the PE is low and yet I believe the company is going to have more profit in next quarter. From TA perspective, it seems like the operator is accumulating and going to push up very soon. Hold tight folks !!!
Wow! I am wrong, it is now 52 cents and not 50.5 cents. Simple logic will tell insiders' are keen to buy, even Huang Jen Soong, director and controlling shareholder has converted 1,925231 warrants into ordinary shares by paying 50 cents per warrant.
Investors cannot expect Dolomite taking a flight like rocket straight to the moon! Reasonably, Dolomite needs to pause, rest and even go down due to profit taking activities. What is important is the trend that is moving forward and upward with good momentum. Otherwise, director will not put in money to convert warrants into ordinary shares. Wait for about 2 months to confirm the financial results, you will be surprised to see people will rush to buy even at 60 sen.
Dolomite is now being fried by investors to move price higher. Image, even if it is at RM0.90 sen, the P.E. for this financial year is still less than 10 provided the profitability is sustained in the last quarter.
For those whom familiar with Dolomite may add position @$0.535 , for penny counter don't wait till d qtr result . It is undervalued now, pls chk Icon8888 master article for details. U will not likely to catch it upon results is materialized.
Guys nxt is Jhm , best qtr result coming estimated $0.025- 0.028 ; annualized will be .... x 10 o.e. u will know to calculate it. Someone may argue it should be more conservative but market make d call, not ne. Base on my recent observation though plus Master Icon8888 article to Jhm everything is going to happen.
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....
Thom Wong Hanyang
114 posts
Posted by Thom Wong Hanyang > 2015-12-28 10:34 | Report Abuse
lai liao