This counter is similar to Karex's fate. Since Karex reported compressed margin and lower profitability due to higher spending in marketing expenses few quarters ago, its share price has continued to crept down until today. Superlon will share the same fate with Karex if it continues to report circa 3mil npbt per quarter. If it recovers to the previous level of circa 6mil npbt per quarter, its share price will jump. Whether it recovers or fails to recover, depends on your research and analytical skills...
Arguments supporting Superlon's recovery: 1. Butadiene price has recovered 2. Butadiene inventory bought previously at high price is used up in the past 2 quarters 3. Superlon manages to pass the cost to customers
Arguments against Superlon's recovery: 1. No clear/accurate data on Butadiene price thus difficult to estimate 2. Expensive butadiene not used up in still in Superlon's inventory 3. Unable to pass cost to customer 4. Weakening USD may impact Superlon's earning (75% denominated in USD)
RM strenght not bcoz of Trump (yes he has the power but mrket not 100% under them).
1) Its bcoz oil price up (msia used to earn 60b from petronas), with gst in place, income will increase significantly.
2) Bank negara raise opr (interest). Demand for RM up, fund keep buying RM to get higher return.
I have posted few times in forum why beginner used to lose in stock market. They dont hve good knowledge and biz sense, lead to wrong decision buy/sell.
I have read the annual report 2017....it does mentioned natural hedge...please dont forget that the raw material is import and hence MYR strengthed would help it....further, don't forget the company is penetrating in US and hence administrating fees/cost would also be lower......how about financing part for new warehouse which is think is denominated in USD....makre ur own judgement...
it is odd that KWAP (big institution or professional) did not dispose much but the price down tremendously....I personally think that there is "banker" leaving this game to us ("players")....
ANY reliable good news/info are warmly welcome,prediction is a guess game,DJ shown bad sign,last market crash already pass 10yrs plus mother of all mother election GE14,keep some "wood" for coming"rain"season,be mature(big man)don't made childish(baby)comments,come right price just buy or sell SO SIMPLE, now chart shown down trend is a sell call
based on my point of view, as long as the dividends are meeting their expectation then they have no reason to dispose at "lost"....if they are really dispose then it will create a great tragedy to this stock....this superln still have great more potential ahead....just cheer bro
Kumpulan Bersara is disposing, they are still holding 16 million shares. Unless they stop, the price may drop further. I try my luck today @ 1.45.Hopefully can get some. 祝大家新年快乐!
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....
SuperPanda
11,431 posts
Posted by SuperPanda > 2018-01-30 16:12 | Report Abuse
still too early to enter