My remisier tell me to hold.. not Sell, Buy if i can hold.. Ask him what news, he say got good news but not sure is what... Some insiders are accumulating now...
Revenue 1.6b, but net profit 47m. 3% net margin. 64m finance costs. And everyone happy?
Of course Sardin will say oh they are re-investing bla bla bla. Should ask him to show you clearly in the accounts, the cashflows where and how they are re-investing. The cash flow statement should state clearly.
3 years ago the company's management promised that the company is on the pathway of transformation to profitability. no doubt the process wasn't easy and delayed in some sense, but hey, the company has delivered what they promised by providing a full year profit in such challenging business environment.
Knm account so many expenses,big revenue,the ratio profit look not balance with cash flow, net margin and less profit. Hopefully next coming year Qtr will be more solid.
I guess investors wont be wait and see... Most likely tomorrow onwards till end of this year the buying power will be keep on increasing... Dont be surprised if hit Tp0.70
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....
CT888
885 posts
Posted by CT888 > 2020-02-25 14:56 | Report Abuse
Don't believe.. Ask your remisiers!
My remisier tell me to hold.. not Sell, Buy if i can hold..
Ask him what news, he say got good news but not sure is what...
Some insiders are accumulating now...