No, funds have already front-run retail investors since September 2020. Most likely there won't be any major earnings growth. RM0.8 to RM2 then bonus split at RM380+M valuation. Freight had a crazy run in early 2021
Sure. But it has been growing well before the start of the pandemic, further catalysts such as the disruption in supply chain after the brief Suez Canal crisis and Covid-19 rebounds have been used up within the medium term. Also, the container throughtput has been growing consistently at 5-10% annually. The unfortunate part is that this business gauges the GDP growth of the country (however, Freight management told us that the company will continue to diversify into international market). And GDP growth forecast is pretty bad looking forward. So that would definitely put some pressure on logistics companies. Last but not least, competition is fierce in this industry. Solid company but not a good buy at this price. If you have shares, hold.
company good, but price would be sucks. bonus issue already banker also release most of their ticket , no point to hold at this price, as i say, put how many buyer there also will throw you. everyday day drop till u scare
Awesome earnings as always. Congrats to Freight Management for creating shareholder value and successfully capitalise on the bull run of freight rates. It is a shame that I sold a portion of my holdings too early. Should've bought more. Still overweight on Freight, minor correction to be expected
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....
VTrade
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Posted by VTrade > 2021-05-10 19:46 | Report Abuse
Plane can fly?? Mco for goods