Waiting for next quarter, i guess the result is going to be good. the 2 announcements (end of last year and beginning of this year) on the contract obtained, most of the sales were generating ing Q1 2017... waiting for that...
This counter has good Free Cash Flow, good PE, sustainable earning, good dividend yield, debt free and IF oil price goes up then it will be jackpot. Potentially RM4.00 per share. Is a good long term play counter, grab it while is still cheap.
ooihk899 Outstanding contract around 650m, may last them a year. So ability to obtain more project project is important to sustain the price. 26/02/2017 16:19
Even drop, Favco also hardly reaches RM2, it has strong support around RM2.68 and RM2.30 from the past history. So, please don't simply talk without fact to scare Favco genuine shareholders.
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....
RainT
8,448 posts
Posted by RainT > 2017-02-23 19:42 | Report Abuse
Oh no
Profit drop year on year and quarter on quarter
Bad result