Next time i wont share my opinion or news here, every time i give advice must be kena shit by other peoples. I found that peoples only accept positive news, but cannot accept the negative advice. Bye.
Thanks for those peoples who listen to my advice before can avoid this tragedy. Actually if i give the extact figure here, i will kena investigated by bursa and lokap. Thats why only can give hints here.
My frenz knows i share news in forum and warn me, so i wont share news anymore in future. Good Luck!
now you all can become long long term investor liao, congratulation to become warlang buffalo, kikiki
next quarter even worst, AC manufacturing cut production days from 7 days a week to 4 days a week, executive level are ask to take "force" unpaid leave
this only happen in O&G industry 3 years ago when Petronas cut working days from 5 days to 4 days....
I think tomorrow price around 2.5 , as today the closing price 2.76 is not support by huge vol. Besides that, I do notice this stock always like to use 100 unit to push the price up (create shadow).
B2. VARIATION OF RESULTS AGAINST PRECEDING QUARTER Revenue for the current quarter has decreased by 19% to RM26.3 million as compared to RM32.5 million in the preceding quarter due to lower export demand and less favourable exchange rate movement. The group registered a profit before tax of RM4.6 million in the current quarter as compared to RM7.9 million in the preceding quarter. Profit after tax of the Group has decreased by RM2.9 million to RM3.5 million as compared to the preceding quarter.
How come you so panlai, the forex losses negligible
next quarter
1) if demand still low, revenue will still drop
2) cost of product butadiene for manufacturing related to oil price which has been on the up-trending, the coming quarter will suffer similar
3) want to pass the cost to customer, management can try but be prepare for backlash in sales, any increase in price, installer / contractor will opts for the alternative - armaflex, insuflex, k-flex...you name it, there are many more in the market, contractor don't sworn blind loyalty to any brand but their net profit....
4) the completion of warehouse with CF, the effect will not immediately ramp up, they would need to take some time. in fact warehouse readiness is only a preparation of the infra to capture the future up-cycle , if the demand is on down cycle , the warehouse will be idling only.
today market will give your the verdict, this counter might not enjoy the premium valuation like other fast growing counter anymore.....
Take Scicom for example during their growth cycle - PE valuation went up until 20, at present year, every quarter Scicom are reporting decline in revenue & net profit, see what the market give the PE? 15 only.
Scicom is giving generous dividend every quarter without fail, EPF have been with them.
Even though KWAP with Superlon, so what? wouldn't Superlon be vulnerable to market valuation like what market is giving Scicom
PE 15, annualized result EPS of 8.92, RM 1.35 .........hahahahaha
defend whatever you want bah....limpek tarak rasa & immune, lol
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....
EveryoneCanTrade
200 posts
Posted by EveryoneCanTrade > 2017-09-26 17:06 | Report Abuse
closing price 2.76, it may a hint for coming QR (today or tomorrow). Let see.