People who do not have faith in this counter shouldn't be here. It has proven to be a hidden gem which many missed out. What i can advice is hold the shares you have as this counter is not done yet. There is plenty more to be gained here. I will leave it to you guys to decide.
check out a few lines under last page, i think what he meant is those are non cash items
looking ahead also one should check out geshen prospect segment
Ge-Shen will continue to focus on its current business and improve its operating margins by concentrating on operational efficiencies and increasing economics of scale. This is in tandem with renewed marketing efforts to grow revenue in all subsidiaries and market expansion. To facilitate this growth, the Management is also looking into increasing its manufacturing capacity through programmes of capital expenditure into additional machineries and sophisticated technology and automation thereby also increasing capital intensity. In FY2015, the total capital expenditure (“CAPEX”) group wide stood at RM7 million while the budgeted CAPEX for 2016 is estimated at RM20 million which is expected to be financed via internally generated cash flow and bank financing. These CAPEX are made in conjunction with the business development activities of the Group.
Which means going forward may be very interesting, i think they could make RM18-20m in 2016 cause of the capex they spent and the improving margins and all the kitchen sinking they did
Overall is still the most profitable year for geshen. From the history, they usually not doing very well in the last quarter of the year. But their dec 2015 quarter is the highest among the previous december quarters.
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....
yl1231
168 posts
Posted by yl1231 > 2016-02-23 14:44 | Report Abuse
Gonna sell before the report is out