Can't find any reasons to sell.... But still wanna thanks ppl who sell, without u the price can't goes up. (How can the price go up, if all ppl hold) For those who sold earlier, u are welcome to buy back. TQVM
Profit QR 31DEC2015 x 3.3mil (USD 4.29+-) QR 31MAR2016 x 4.4mil (USD 3.90+-) QR 30JUN2016 x 9.3mil (USD 4.02+-) QR 30Sep2016 x 10.7mil (USD 4.13+-) QR 31DEC2016 x _________? (USD 4.48+-)
Dear sapurakencana sifu... Not necessary to hav 12-13mil profit for next coming QR. if can maintain profit 9-11mil every QR for 2017. Profit 40mil per annual I will b very happy n keep holding tis counter.
i look forward 2017 performance (F&B department in full strength) earn more USD for us, PLS... TQ
TP RM2.88 over optimistic. due to our market player only consider 30% gain,unless this company can prove 2 more quarter with average 10mil than may be the big boy will join this party
all sifus, In QR it says the improvement in profit mainly due tohigher margin from the milk powder segment. Even though with revenue decreased slightly by RM1.4million from RM90.48 million to RM89.08 million due to lower sales from dairy products.
Does it mean the raw material prices - milk powder, getting cheaper? where can check the price of this raw material?
Alex : with this tough business enviroment + our currency drop to RM4.486 (as at 31 dec 2016),this company still can maintain profitable & less affect by cost of material (in USD).we should thanks & salute to the management
Profit up but EPS drop half, there are few issues worth to look into:
1. Profit more than double YOY & EPS up 28% 2. Annualised EPS = 4.6c x 4 = 18.4 cents, PE based on current price = 7.7 times 3. EPS shown did not take into account of warrant dilution as share price was lower than exercise price. Total warrant is about 25% of total ordinary shares issued
Total ordinary shares: 248,814,000 Total warrant issued: 62,203,232 Maturity: 21 Nov 2017 Exercise price: RM0.85
True, but it will dilute the future EPS anyway, the fresh cash may bring better growth for company, but it is wise to consider that effect when calculate future profits. The conversion will happen soon before end of year.
from quarterly report prospect : Tin manufacturing industry will remain challenging due to higher material costs. If the material costs remain unfavourable in the near term, the Group may have to adjust the selling prices accordingly. This segment will continue to be profitable.
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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....
Chang Wt
325 posts
Posted by Chang Wt > 2017-02-13 14:46 | Report Abuse
rally taking a breather. cleared all holdings now