Hmm this is weird..i am working in one of the company which is the biggest material supplier for polyplas..they are cancelling alot of orders lately yet some of the guys here are saying wait for good results? Just my 2cents
I have no idea whom your talking about..im very new to all this and sharing what info i have as this is a place where you share information.. if im wrong please feel free to correct me..
Geshen in plastic molding business. VS (Keurig coffee machines) & SKPRes (Dyson vacuum cleaner) both got major contract export USD. Geshen only small player.
Polyplas doesnt have any contract and are really dependent on 2 of their major customer..others are small and if any of their major 2 have sales drop, they will be affected badly..the owner narinder wont be so stupid to sell if they were doing good permanently..if you already made your money..i say run
Lordbaal, you can sell your Geshen stock to me below 1 if you have. Or you are waiting good chance to buy? Try to think another way, do you think Geshen main shareholder so stupid to buy Polyplas if the company not benefit to Geshen. Strong USD benefit to Geshen. I believe coming quarter result on end of Aug should be very good.
Remisier,im not saying next quarter will be no good as after combine and restructure for sure next quarter will be better..what im saying is it worth than 0.9 cent? Final decision is yours
Export-oriented counters, such as furniture stocks and rubber gloves stocks, may be in focus as the ringgit dipped to its 16-year intraday low of 3.8405 today
r Geshen, it might only command a PE of 8x the most. I'll use my FY15 forecast diluted EPS of 10.7sen to set my target price. Thus my target price for Geshen will be 86sen.
It's better to be more conservative as Geshen's FY14Q4 revenue drops 35% QoQ, and Polyplas might not sustain its good performance in FY14.
Though disposal gain of its subsidiaries are consolidated into its FY14Q4 report which ended in Dec14, but the completion of disposal was only announced on 2nd Mac 2015. So I'm not sure whether the loss-making subsidiaries results in Jan-Feb15 will still be included in its FY15Q1 or not.
Poor paperplane2; thinks people who bought GE-Shen at high prices. A number actually bought below 70 sen. Now want to say over valued. Poor chap. He and his stock picks. Trying to promote ASDION so that he can sell.
Geshen is still cheap for now...... so long as the coming announce result is near to 3 cents/... what do you think the price will goes to.... to me..will around RM1.80 to RM2.00.... let's see how... no point to argue... let the fact tells the truth...
Wowww...Paperplane2... you judge geshen based on other's analysis. .. brilliant. ... good job... well, if you know accounting and you did gone through the income statement (just a simple look on the income statement only) you could easily get the reason why the revenue was dropped by 30%++ from quarter to quarter. .. but obviously you don't know accounting and you dont know even just to read the financial statements. .. that's why other ppl said drop 30%++...you also said drop 30%++... brilliant. .. good job... well done..
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....
Icon8888
18,659 posts
Posted by Icon8888 > 2015-07-31 12:45 | Report Abuse
120 coming !!!!
after that, 150 !!!!
recently my hand also very sore.... haha