Other operating expenses is advertising cost + promotional expenses.
One very interesting point I noticed is that topline is all time high. Now, this is quite surprising. PWROOT business is known to be seasonally weak during Puasa Month.
I will initiate position in pwroot if there is a great bargain. Keep in watchlist.
I think only this quarter the results is weak , as management issued 4cent dividend higher den last YoY qtr and it seems to me that upcoming quarters should be satisfactory to validate the higher dividend.
Dave kok boon, my opinion same with you. higher marketing and promotion will reflex result next quarter. his business no problem. but higher raw material cost is concern. unless he can pass cost to customer
The 4 cent dividend is for last quarter. This quarter didnt declare any dividend. Is on alert mode alr. Sell b4 too late. Might break the support level @ 2.00 and drop all the way to 1.85
revenue increase, but inventory decrease.. it has caused the gross profits down. raw material cost also drop in next quarter. fundamental still good. however price down trend gap appear. be aware coffeeundamental still good.
share buy back is not meaning any la, see Parkson. but esos set at 1.86. believe is reference. however I will not average as per my principal management
if you observe in the market, a lots of place have pwroot product, even in book store like popular also have their product selling, as the CEO saying they spend lots of money on advertise their products, I believe next QTR net profit should be flying 1 with revenue increase
Also international sugar price have drop from usd 21 to usd 14 now, same goes to coffee future from usd151 to usd127 now which we should see margin improve at least double digit
Yeah, visit book fair at klcc last time also, strong promoting their ah huat coffee and coco, and they have giving out coco for try as marketing inside ah huat coffee. Hope next quarter net profit not disappointing us :-)
Last time he sells a lot, now buying back.. hopefully the export business would be much more better which worth the high marketing cost incurred previously hehe
Last year same quarter 2.5 sen dividend, hope this quarter shows good result since more directors buying shares and got good news on coffee export haha xD
nyum2 i like herbal health root goodness embedded hybrid within tea & coffee mixture.. healthy power rooty... nyummy nyum2.. deliciously healthy & tasty & nyummmmmyyyy
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singunsin
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Posted by singunsin > 2017-08-29 20:11 | Report Abuse
Other operating expenses so high... what is that actually