Not sure about the market dynamics. If they increase the price, demand will drop. Recovery of margin and EPS will take many quarters after a n expected slump in May 24 quarterly results announcement..
You want to buy cheap is it,😮 that's why talk nonsense ar? Normally Q1 n Q2 result will be lower than Q3 n Q4. Let's wait for the Q1 & Q2 result n compare to last year Q1 & Q2.
Yes it will be stable and growing. But do you expect the government subsidy foregone to be immediately reflected in increased selling prices, without any effect on demand? If so, Teoseng need not drop from rm2.50 to rm1.80.
you watch the game on the playing field (look at the business), not by looking at the scoreboard (price fluctuations). as long as the business is fundamentally intact, products still needed and wanted by people, company still growing, management is trustworthy, there should be no TP, its "hold" forever. If the price drops, buy more. If not, just let it run. keep in coffee-can portfolio and don't touch it. keep it away from yourself. TP is also a joke. it's only for people who are ready to sell the stock to lock in profit.... only to see it go up up and up.. as the business fundamental/earnings going up in the long term.
back to basics, think and act like a business owner. we buy businesses which provide products and services to real people. Don't think of buying stock like buying a piece of paper which has a price that fluctuates up and down by the minutes. cheers guys.
Cck- there might be upside. Revenue and profit is increasing by every quarter and their competitor Teo Seng is trading at 1.82. So, CCK is still considered cheap in the market now.
Creador to acquire 40% stake in CCK's PT Adilmart for RM170 million. Therefore CCk's PT Adilmart alone is valued around RM425 million not including their core business of Retail segment, Poultry and Prawn segment. At current share price of 1.59, the company's market cap is RM1 billlion which is undervalued.
When price climbs before a company announce good news means insider buying. When price drops after a company announced good news means insider selling. When price drops before not good QR is announced, means insider selling.
I really dislike these type of companies, maybe it is not the management, maybe accounting department leaked the info, who knows...
population in Kalimantan will increase exponentially over the next decade due to the new capital city in Nusantara. More jobs, more people. Food business will be very good. CCK/Adilmart is well positioned to capture the huge market. Just stay invested. Never sell a single share. Another ten bagger in the making.
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....
ooihk899
2,057 posts
Posted by ooihk899 > 2024-03-13 13:33 | Report Abuse
Relax Bro😎, another few quaters of good result, sure it will 🚀.😁