Besides reporting negative EPS of 3 sen, there was significant fall in revenue on y-o-y and q-o-q. Folks,stay clear from Bursa until government has clear direction to reduce debt of RM1 trillion!
it is not 5 cent. it is 0.5 cent ... half of 1 cent. revenue drop mainly due to oversea sales drop. and company mentioned sales will drop during fasting month, so next quarter result may have some impact.
already announced to the whole world got kitchen sinking exercise in Q4... still got investors didn't get the info and choose to sell off in panic today? anyway, if you get caught out today, then you are just part of the 90% of investors..not the 10%...
Afterall Bursa hardly did a good job other then its own shares. Attracted super bad companies from China, rarely got satisfactory and sufficient actions against them, long outstanding unresolved insider trading cases by people with power and money, just named fews. Good luck as market is quite similar to licensed casino.
1.27 low. then can back to square one...expect to rise later with this trending...those sell panic will feel regretted...with pe over 50...I really cant see a lot of upside for it...those shorting today thought it was a sure thing to earn , then is not....good luck.
In early 2015, my friend was in this stock and he was riding up with the rising prices of PWRoot. It took some discipline not to be involved and staying on the sideline. I have not followed this stock for many months now. Alas, all the gains since 2015 have disappeared as of the price today!
I am surprised at the strength of this stock. Is the warrants that attractive? Kitchen sink or no sink. The company would still made a loss if the impairments were added back. How power root is going to perform will rely on what their raw material hedges are. If the hedged prices are good this stock is going to recover all the way to RM2
IDSS is making stocks behaving strangely. This price action reminds me of Ekovest post GE14. The stock gap up in the morning and quickly rebounded to 0.80 but proceed to trend lower over the next few weeks
just sell..loss making company keep for what? now a lot good company dropped more than half.....sunway maybank and tnb profit but plunged.....my 2 cents
I think MD still need to collect the shares since he is nt enuf to collect compare to 2 more executive director. And this current price is below ipo price, i dun think it will drop more ba. Cause if drop MD will collect at low la my 2 cents. Additionally 4 director total have abt 65% so i dun think they wont let it down so much to make himself a huge loss..
Its FCF is at record low (<10M compare to previous FY of 40-50M). Don't expect the same dividend as previous. My estimate for FY19 max 4.5cents compare to 9.5 cents in FY18. At such high P/E, the supporting yield is 4.5% translating to a fair price of 1.00.
I said 2 months ago, Felicity just a small fish but can write beautiful articles, but all these does not convert into investment profits. What a shame.
------------xxx----------------- KLCI King Felicity first bought @ RM2.35 one year ago, now top up more @ RM1.34. I don't think it is a good business because do not have solid moat as compared to Nestle & Old Town.
Compared to Old Town, PWRoot oversea's expansion growth is not as good as what expected and it's brands do not command better market perception than OLD TOWN.
I won't go for PWRoot but rather OLD TOWN, but sadly OLD TOWN is going to be privatised.
pwroot should come up with products that don't contain preservative like hydrogenated oil ( trans fat ) , maybe just plain instant coffee like nescafe gold and super microground essenso , or mix it with other herbs
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....
lazycat
899 posts
Posted by lazycat > 2018-05-26 12:33 | Report Abuse
not 5 cents , it's 0.5cent , bonus is just increase shares total numbers , does not require a lot of $$ , maybe some minor fees only