This is not a good counter: Eurospan will not benefit from the stronger USD as it hedges its forex exposure. Unlike the larger and leading furniture makers, it is loss-making and didn't pay any dividend since 2011. Moving forward, potential headwinds include higher production, operating costs and stiffer competition in the sector.
dompeilee...why u shout go go go? bcos WC shifu call buy? careful if u buy high but since i notice u bought at low then should be fine. or u are foot soldier of wc shifu?
People that you must follow on i3 list 1. Pang72: Contra God 2. Paktua: WhatsApp Pump and Dump God 3. Calvin: "I told you so, buy this company that I recommend instead" 4. Dompeilee: Appears in literally every stock that hit limit up Insider Trading God (I bought xxx stock x months ago, Now it is up 1000%. Wow I am genius) Usually buys low float (low issued share) companies 5. mf: Robot/AI God (Master predictor)
This cannot be a fantastic company from a fundamental perspective. Over the past 13 years, it delivered an average ROA of negative 1 % whereas the Bursa furniture sector delivered an average of 5%. For the sector details read "Which are the better stocks in Bursa Malaysia furniture sector?" from the blog site.
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....
tssl74
535 posts
Posted by tssl74 > 2015-12-28 10:58 | Report Abuse
anyone has any comments for this counter lately?