Kitchen and closet maker Signature International is planning to win more gets this year, with the increment in the supply of private property in the nation. The association’s current request book remains at RM160 million and it said that it has felt some effect from the approaching supply of private property boosting kitchen frameworks deals, with a 86.5 percent surge in income in 1H15. Revenue from its current request book will be perceived in FY16 and FY17. In the then, TA Securities noticed that the bunch’s delicate book has hit a record level of RM400 million, which can be utilized to recharge its request book, given the delicate achievement rate of 50percent to 60 percent. Essentialness: TA Securities extends the Signature’s center benefit to surpass RM30 million to between RM32.5 million and RM38.8mil for FY15 to FY18, introduced on the anticipated income surpassing RM200 million without precedent for FY15 and supporting the level later on years. It included that the firm yields generally high edges contrasted with its companions because of its plan of action that requires minimal capital expenditure.
Above are some main stocks which is most valuable for today’s Malaysian market.
SIGN is a cyclical stock, it's cycle lags property developers' apprxmtly 3 years (read TA report). More suitable for medium term investment (1-3 years)
Bad question CKA, one keeps a share until it has made enough for you. Then you say "Thank your. Hope to see you again soon" Profit is the true measure of investing, not time. For now I can safely tell you to buy some.......incidentally, Signature was featured in this week's Edge with a "Buy" recommendation by the analyst. Good luck!
Next quarterly result will be mid May. Check last quarterly announcement to gauge this coming one.........Monday volume traded was>4 times average daily volume, Tuesday also > Daily average volume. Are you already invested?
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....
redpeople
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Posted by redpeople > 2015-04-22 19:27 | Report Abuse
Signature Eyes More Contracts
Kitchen and closet maker Signature International is planning to win more gets this year, with the increment in the supply of private property in the nation.
The association’s current request book remains at RM160 million and it said that it has felt some effect from the approaching supply of private property boosting kitchen frameworks deals, with a 86.5 percent surge in income in 1H15.
Revenue from its current request book will be perceived in FY16 and FY17. In the then, TA Securities noticed that the bunch’s delicate book has hit a record level of RM400 million, which can be utilized to recharge its request book, given the delicate achievement rate of 50percent to 60 percent.
Essentialness: TA Securities extends the Signature’s center benefit to surpass RM30 million to between RM32.5 million and RM38.8mil for FY15 to FY18, introduced on the anticipated income surpassing RM200 million without precedent for FY15 and supporting the level later on years. It included that the firm yields generally high edges contrasted with its companions because of its plan of action that requires minimal capital expenditure.
Above are some main stocks which is most valuable for today’s Malaysian market.