if drop below 1.50. What goreng kaki said will be come. Next quarter result shall be bad. Electronic sector not much order. Then price at 1.00 is possible. Trade with care.
When rebound all run like hell break loose . Can buy but no long term business . Buy . ...sell . ....buy . .....sell as what those contra and margin doing . Buy at a right time . ......you might make some profits and buy at a wrong timing you might loose money since we cannot estimate when is the lowest . Try your luck if you have the couraged .
i still hold geshen not bcoz of waiting for Dividend. Geshen's financial performance should be able to improve after acquiring the remaining shares of Polyplas soon.
1. Revenue momentum is strong as Q4 2015 despite huge drop in USD/RM. 2. PAT hugely affected by UNREALISED forex loss of RM1.2m as compared to RM6,000 last year. 3. Strong cashflow and repayment of borrowings. Expect to reduce finance cost in future. 4. Investment in PPE shall generate more sales soon. 5. ESOS of the company shows confidence. Major shareholder ain't likely to distribute rubbish to himself?
FYI, ESOS price is not determined yet and is usual tactic in market to tekan down before announce. Not a good stock?
there is a reason for recent hike on the share price... GESHEN finally decided to fully own Polyplas, a very profitable and growing plastic injection molding company in Penang... I would expect coming quarterly results to be better due to the additional 25% of net profit contributed by Polyplas...
Further to the announcement made on 5 December 2014, the Board of Directors of the Company wishes to announce that the Company had on 31 May 2016, acquired the remaining five hundred thousand (500,000) ordinary shares of RM1.00 each in Polyplas Sdn. Bhd. ("Polyplas") [Company No. 172364-A] representing 25% equity interest in Polyplas for a purchase consideration of RM18,329,494.18. Consequent thereto, Polyplas became a wholly-owned subsidiary of the Company.
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....
winPLUSwin
418 posts
Posted by winPLUSwin > 2016-03-04 18:04 | Report Abuse
i WANT TO WAIT 1.50... ELSE I WILL NOT BUY....