since end of Nov KWAP start shopping and acquired a lot of units, from 1.99 till 2.18. Especially on 29 Nov, 30 Nov and 4 Dec, they acquired a lot of units at price 2.16. Which mean their average acquired price from Nov till Dec is around 2.11 to 2.12. Just my rough estimation. For short term investment, they need to wait the price reach 2.2 then only consider earn. just scare they may change the strategy instead of wait the price grow then dispose, then they sell all units and create panic situation then buy back at lowest price. Bad QR + Friday + Panic dispose by institution may create a huge wave on down trend. Hopefully, it wont happen, as still holding few thousand unit of stock on hand @ price 2.05. Let stand together to resist the downtrend Wave.
30mil revenue, 4.5mil profit. Why limit down Ptrans? Iqgroup posted loss and limit down. Now already climbing back up even when it posted losses. This one 4.5mil profit and increase revenue yoy. I think revenue for 2018 will hit rm100mil also.
If down also buying opportunity, Just have to hold, but very long term it’s a growth stock especially in 2019 when Vietnam factory open. So can just average down if drop.
shareinvestor88 I have seen you comment at many forums when that company share dropping and give their TP 50c.. could you tell how do you do the calculations?
vs profit up 37.3 % share price down 3 cent as of now , not necessary profit up share price must be up. 40% depends on operator, if you guys dump to him he will be happy , have this proverb COME TO MAMA when you want to sell
https://klse.i3investor.com/servlets/ptres/43421.jsp as I mentioned earlier tp is 2.30. At current price it's already discounted for their profit. Hopefully more people will make the decision to buy now, upside around 20%. Minimum also can hit 10%. But trade at your own risk.
Superpanda I believe next QR should be above 4 mil also. The price of raw materials went down since October. Should be reflected in the next QR as they stock up for 6 months and the higher cost this year was for distribution. Once they get to fully use their warehouse, the cost for distribution will be down as well.
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 > 2017-12-14 19:05 | Report Abuse
Just wonder, if tomorrow KWAP sell all on hand stock and create panic effect, then buy back at the lowest price.