as you can see from the warrant itself. the price always traded at discount. from this we can sense that 1) the prospect is not convincing enough to the potential shareholders. 2) directors always give false hope to existing shareholders. 3) loan stock conversion to further dilute the eps.4) revenue increased double digit, yet the profit drop (as per the super investor, profit is lower than this year).
The raw material price i tracked for Q4 up by approximately 5.84% compared to immediate Q3 (mainly due to 1 off price surge resulted from in USA), there after the resin price has gone substantially lower and back to norm. Thanks to stable natural gas price.
I think will have some minor impact to the gross profit margin. However, i also expect more contribution in term of volume from new blown lines plus 2nd unit of 33 layer nano machine with better margin in Q4.
All in, i think up coming result should not be bad..but will not be outstanding either. Expecting Revenue to record historical high. Earning should be doing ok.
Share Split in the card?
cheers!
Posted by YiStock > Nov 14, 2017 08:48 PM | Report Abuse X
The raw material price i tracked for Q3 up by approximately 3.1% comparer to previous quarter. I think will have some minor impact to the gross profit margin. However, i also expect more contribution in term of volume from new blown lines plus 2nd unit of 33 layer nano machine with better margin in Q3.
All in, i think up coming result should not be bad..but will not be outstanding either
For those shareholders, after 2 years of waiting for corporate exercise. The management has decided not to do anything to reward the shareholders. Our directors keep on giving out wrong information to reporters. Haha, I think shortly will reach 3.50. And the index drop after election. I believe 2.5-3.0 in end of 2018.
Riskabsorber, you were right..I believe investors already punished it few months ago for not utilizing its cash for development/dividend/bonus. Today shareholders punished them another round. Good. Let it slip 2-2.5 this year.
There is no such thing like undervalued counters. The P/E even though low, bearing in mind Bursa got more than 100 counters are P/E below 10 and the share price stagnant for more than decades. Some even are cash rich and stingy.
Other than dividend, Rewarding shareholder methods can be in other way. Corporate exercise are used for expansions, I don’t see what’s wrong with them being typical chinaman type businessmen. Their net cash is not magnificent enough to buy a lot of machines too
Most of other counter with low P/E are of stagnant growth/contraction over 10 years period. TGUAN has a effective EPS (diluted) growth of 14% CAGR over 10 years. Thats a double digit growth with a single digit P/E.
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....
yfchong
5,869 posts
Posted by yfchong > 2018-01-28 09:00 | Report Abuse
rm 4.000 keep 2 years