Superlon Q4 net profit jumped more than threefold YoY to RM2.05m from RM608,000 but share price not sync with profitable result and heading south, anyone can share what is the problem?
This stock very underrated and undervalued. One of the major world players in thermal insulation used in air conditioning systems. Weather nowadays is very hot, so more aircond are needed and with more data centres opening in Malaysia, more of their materials are required.
i.m not sifu, you look at the chart and study the fundamental and decide yourself .....
I just want to add is, it has never making loss, not even a single Q, not even during covid time ..... is very well managed but price does fluctuate widely, it is a Taiwanese co (if i,m not wrong)
Strong USD is good for exporters. Superlon as an exporter would be adversely affected by the appreciation of Ringgit against USD. But we should also remember that Superlon's raw materials are mostly imported from overseas. Thus , a stronger Ringgit would help to reduce the raw materials cost imported. So both the profitability would be offsetted by one another. There are merits and demerits of the currency exchange in this case.
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troy88
3,016 posts
Posted by troy88 > 2024-04-12 12:16 | Report Abuse
This underrated gem still bullish!