Coming quarter how i cannot guarantee. But the next next quarter shud be very strong.. Almost similar case like GCB. When cocoa price drop alot,it took then 6 mths to reflect in financial. Probably due to they already order in advance.
Now organic milk are oversupply in production.. this oversupply wont get to balance so fast ... any balance will take 6 mths fastest.. or even longer...
amzarb44, no need to average down,when u see people dum when closing to quarter report release,you follow dum as well.dont trow your money into shark mouth again.
In the most recent 5 years, Johotin has spent total CAPEX of RM82mil for expansion.
Which is more than sum total of net profit for 2015 + 2016 + 2017 = RM79mil.
The business owner will only spent such a big amount of CAPEX if there is potential to grow and the company has the intention to grow.
As at end of Dec 2017, the new plant still haven't started to contribute to the company revenue and bottom line as per confirmation with the investor relation department.
Refer to Master ColdEyes book in 2018, normally the result from expansion of Johotin could only be shown after 1-2 years from the completion of the expansion. Johotin is one of the 4 companies that ColdEyes identified as growth company that he mentioned in his new book.
The 3rd QR 2017 also mentioned that Able Diaries Marketing started its operation since 3rd quarter 2017 therefore more distribution cost needed for start up.
Sapurakencana :
As at end of Dec 2017, the new plant still haven't started to contribute to the company revenue and bottom line as per confirmation with the investor relation department.
CY1214,if you the boss of this company,do you willing to wait 1 more year to start contribute to company after spend 82mil for the past 5 years.rediculous 01/03/2018 12:48
if this issue not solve asap,i'm not afraid to said that this company may be incurred loss for the coming quarter.. Dont forget high material cost & doubtful debt issue still not settle. I rather down grade this counter to 90cent before any improvement 01/03/2018 12:55 05/03/2018 14:15
In the most recent 5 years, Johotin has spent total CAPEX of RM82mil for expansion.
Which is more than sum total of net profit for 2015 + 2016 + 2017 = RM79mil.
The business owner will only spent such a big amount of CAPEX if there is potential to grow and the company has the intention to grow.
As at end of Dec 2017, the new plant still haven't started to contribute to the company revenue and bottom line as per confirmation with the investor relation department.
Refer to Master ColdEyes book in 2018, normally the result from expansion of Johotin could only be shown after 1-2 years from the completion of the expansion. Johotin is one of the 4 companies that ColdEyes identified as growth company that he mentioned in his new book.
The 3rd QR 2017 also mentioned that Able Diaries Marketing started its operation since 3rd quarter 2017 therefore more distribution cost needed for start up.
Sapurakencana :
As at end of Dec 2017, the new plant still haven't started to contribute to the company revenue and bottom line as per confirmation with the investor relation department.
CY1214,if you the boss of this company,do you willing to wait 1 more year to start contribute to company after spend 82mil for the past 5 years.rediculous 01/03/2018 12:48
if this issue not solve asap,i'm not afraid to said that this company may be incurred loss for the coming quarter.. Dont forget high material cost & doubtful debt issue still not settle. I rather down grade this counter to 90cent before any improvement 01/03/2018 12:55 05/03/2018 14:15 14/03/2018 18:59
M sapurakencana.. If u got ntg better to talk.. pls dun copy and paste like a spam photostate machine.. how many times u want to copy and paste.. ? U r photostate machine ?
Thanks your advise.The action that i take mainly to alert the new investor do not fall into this trap & to prevent management repeat same mistake/ no excuse to repeat same mistake unless they can clarify their actual reasonable reason to convince us. .I wil continue my journey
i hope more n more johotin kaki remember/ take note of this company mistake before invest.let help each other just because we are minority.we have no right to influence management except use this platform to express our view.
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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....
amzarb44
528 posts
Posted by amzarb44 > 2018-03-13 14:45 | Report Abuse
No one dare to answer me