So many investor (or shall I call them punters) are just too obsessed with quarterly report; result of short term which could very well be affected by seasonality, timing of orders and delivery etc. They see the trees but miss the forest.
Chairman already mentioned in annual report they are prepared to spend to wean themselves off depending a big bulk of their business on Dyson. On top of that, Dyson is heading for China. If you are a businessman, what is your forecast?
No, I don't pay too much attention of market performance. I look at business, its past performance as well as future prospects. Share price can go up and down everyday but value does not change like that. It also won't change just because of a quarterly result.
How do you describe a company with an uninterrupted compounded annual growth rate of 17% in both revenue and net profit for the last 6 years with huge cash flows from operations and heaps of free cash flow; and a very healthy balance sheet with no debt and growing cash and cash equivalent? How many of this type of company can you find in Bursa?
Hi kcchong mhb just show the Q1'13 report already burn half of it's forest.Possibly,lots of carpenter already run like hell without consider about it's value. :)
@kcchongnz, i actually agree value don't change with a quarterly result but few consecutive quarter results will change it. normally how many quarters of decline will the FA investor like you will start pulling hand brake? a bit nervous to see it
However, profit before tax reduced from RM13.12 million (Q3) in last quarter to RM9.22 million (Q4) mainly due to reduction in sales intake by customers during the festive season as well as the increase in labour costs as a result of implementation of minimum wage policy during this quarter.
Cash and cash equivalents: FY13 - Rm92.5 mil / FY12 - Rm61.9mil
Folks, how will the market react to this earnings? Time will tell! Hahahahahahahah!!
just check on dyson in china, now they got 37 store opens there from only 9 outlet last year... if dyson maintain their contract with skpres that would be great...
Hi, kcchongnz, I noticed big fall on MHB share price lately on current market performance.. Can help have a look?? I feel strange as price vs com. fundamental.. Thanks
God know...ask himself. Business trend is good..and yet M shareholder disposed! Either due to business need (shareholding loh) or He is Siaw (gila) Don't u think so
Posted by joe2703 > May 31, 2013 11:04 PM | Report Abuse Hi kcchongnz, do you consider SKPRES as a hidden gem or undervalue stock ? Or maybe it's just a counter that is value for money ?
Joe2703, do I answer question as below?
Posted by kcchongnz > May 31, 2013 07:06 PM | Report Abuse X How do you describe a company with an uninterrupted compounded annual growth rate of 17% in both revenue and net profit for the last 6 years with huge cash flows from operations and heaps of free cash flow; and a very healthy balance sheet with no debt and growing cash and cash equivalent? How many of this type of company can you find in Bursa?
Posted by kcchongnz > May 31, 2013 07:08 PM | Report Abuse X And yet it is trading at a PE ratio of just 7.6, and enterprise value of just 4 times EBIT. Its ROE is 20% and ROIC of 33%!
act this share is good to hold cos give out div every year mostly n currently the Yield is growing etc from previous 5% to 7-9% (assume tis year div rm0.025/0.34)...
beside the debt lvl still comfort range n reduce from previous year 83M (70M Debt/422M Turnover=16% overall for FYE 2013)so the company is consider quite cash rich actually so div pay out every year no pro for them..
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....
sephiroth
14,145 posts
Posted by sephiroth > 2013-05-31 18:47 | Report Abuse
so pessimistic, how to invest and make money