FN & Nestle profit drop because anticipated increase of the raw material prices (sugar, milk powder) and the Ringgit devaluation.,do u think johotin wil except from this 2 factor.
I think you are new here ... devaluation of ringgit. Happen before pls go check how johotin perform . Anyway ... pls don't buy johotin! I dont like you buy in this china man counter
with the conversion of warrant to mother share to be completed soon, expect this share to go down further.. to Rm 1.00 by next month, unless a miracle happen.....
sell, Kian Joo already hinted that cost increases alot. sell before quarter result out. expect it to be bad. material cost and foreign exchange losses may be seen in this quarter result.
I buy at higher price , no choice but only keep and see can average the price or not . Material cost is a lot company facing problem not only Kian Joo , this only can depend on magnament how to solve it , we only can wait...Johotin, a share I miss judgement...
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....
LuckyG
1,698 posts
Posted by LuckyG > 2017-11-07 19:01 | Report Abuse
Ppl like you should stay in nestle why come here ? PE here under 15 China man company . White man company pay much higher PE ok and happy