My tp remains 0.30, I will release some holdings once it reaches and remain some because I think there is a possibility to break through its previous height based on its momentum and sentiment. However, there is no guarantee, I play safe most of the time just in case anything happens especially this is an election year, realising profit is an art, we must execute according to our plan, cannot let greed control our emotion so that our chances of winning can be consistent in long term.
this counter is for long term ... it wont dissappoint u. The constant revenue from FMU will make this counter shoot up handsomely this year. And they trying to IPO in singapore stock market, most probably will be accomplished in first quarter of 2018.
TTM Earning +459.9%, Revenue +36.3% Earning YoY +259.7%, QoQ +216.3% Revenue YoY +26.6%, QoQ +17% Performance was due to increase in production volume due to contribution from the operations of FMU5 despite the adverse weather condition due to year end monsoon & festive.
RM 8.0m has been paid out of total RM 230m for FMU5. There is no additional update on FMU5 purchase though... Only mentioned that revised valuation submitted to Bursa on Dec 20, 2017.
On demand side, strong demand for plywood by Japanese markets while inventories of the supplies are falling...Good. On Production side, production should improve with the end of the monsoon season....only missing piece is the FMU5 update!!
Hi win, I am doing well. How are you recently? I continue to add position for Pworth @ .250 due to the strong support shown. Market sentiment is very weak, all got affected by dow. It's time for the brave and vision to add position or buying new shares. I also bought my second batch of masteel, choobee and vs today, old mans don't use margin account to play so can afford the time to harvest until tp.
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....
winwin2288
1,325 posts
Posted by winwin2288 > 2018-02-23 09:38 | Report Abuse
Great that Mr Oldmanssss still here. haha!