Datuk Calvin, please kindly advice what should do now. Price is still under valued? Do you think it will go further down? Or its good to buy now? NTA is still ok, but PE is -2.16.
KWANTAS's main business segments include oil palm plantations, milling and further downstream manufacturing to produce palm-based products.
Its earning performance has been overall poor in last five years, whereby its earning per share overall fluctuated from -29.66 sen to 12.5sen. The Group’s net loss for the financial year under review was RM99.65 million as against a loss of RM93.41 million in the preceding year, attributed to impairment losses.
It is time for Kwantas to see recovery and turnaround as palm oil price remains high. Likely they can achieve EPS of 5 sen to 8 sen per quarter in quarter ended 2019 and first quarter of 2020. Share price will soon fly as this is the laggard palm oil stock...
I have been accumulating Jtiasa, Rsawit since Nov 2019 and start accumulating Kwantas in Dec 2019 as earning recovery stocks and hope to win big in year 2020.
how come done so much I place order from 8.30 am 1,000 shares also cannot get? penipu besar ini bursa.if no good get all just like IPO if good never get
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....
apolloang
18,163 posts
Posted by apolloang > 2018-07-23 18:36 | Report Abuse
datuk calvin,the boss tong tong chang,tomoro any impact? btw u didn't go pay respect?