doubtful debt just finished last qr. there will be NO more doubtful debt in Q4. Mexico plant is going to start production in Q1 2019 following by realized cash contribution in Q2 2019. and those who talk about other stocks in this page, please respect johotin holders. U can write in respective counters.
Stock_investor : just for your notice,Johotin had been build a new production line during 2012 to 2014,but the production/sales only pick up during 2016-2017.Hope this wont happen this time.2 concern is due to the factory build at Maxico, few circumstances like their business policy, tax , foreign exchange ,trade war within US N Maxico are unforseeable. 3. Doubtful debt happen few time in this company,hope it wont happen again.
Mexico and us reaches trade agreement along with canada. Not an issue for johotin plant in mexico. As for doubtful debt, it is beyond our control to predict the future. The company shall assess credibilty of client before sending supply to them.
Outlook (Fr TA) We believe that FY18 revenue is expected to be driven by: i) ramping up of capacity in the milk-repackaging factory from 25% to 35% utilisation rate; ii) increase in demand for milk-based products domestically and globally as well as; iii) higher sales from printing services in the manufacturing segment.
Management guided that price of raw materials i.e. tinplates are expected to be less volatile hence providing more stability in market. Sales growth is expected to be driven by increasing demands from the biscuit industry, edible oil industry and printing services.
F&B segment performance is expected to be resilient in 2H18 and FY19 with Ringgit expected to be weaker therefore supporting export sales. Note that 70% of F&B sales are exported to Asia, Central America, Europe and Africa.
If Johotin Can fulfil this 3 condition, i believe share price can break new high .
bad market sentiments but still close above ema 200. wait monday g20 summit outcome. with current eps and pe. value shud be around 1.2-1.3. fibonacci trace at 1.03. break it, break the symmetrical triangle. gogogo aleh aleh
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....
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Posted by stock_investor > 2018-11-30 19:56 | Report Abuse
doubtful debt just finished last qr. there will be NO more doubtful debt in Q4. Mexico plant is going to start production in Q1 2019 following by realized cash contribution in Q2 2019. and those who talk about other stocks in this page, please respect johotin holders. U can write in respective counters.