In our earnings model, we have projected 4QFY13 earnings to fall 20% QoQ and 35% YoY on account of: 1) short working month in Feb-13 and the shutdown of plant operations during the Chinese New Year; and 2) rise in labour costs as the firm has complied with the minimum wage policy, starting Jan-13
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....
Steve Jub
4,203 posts
Posted by Steve Jub > 2013-05-29 11:30 | Report Abuse
luckily reduced half of my position first to switch to others speed boat hehe