The downside of tecguan is there are no monthly production report compare to other palm oil company. But since the price earning ratio is one of the lowest among other palm oil company, much more high chance the price earning ratio will further decrease due to prior year next quarter result not that good and high CPO price, it worth a bet
PER 9.0 currently... last year quarter ended 31oct2015 only generated 48mil and eps of 5.58. With current CPO price trading between RM2.6k to RM 2.85k, which is 15 to 30percent higher than last year, there are high chance that the profit of the company increased with the same volume of CPO sold. But if the sales volume same with last quarter, the profit might be remain the same as last quarter.
From observation analysis..,Mr.Dump intentionally thrash down the price n panic the button !! Sheep herd mentality pop-up a good chance for the bottom accumulation by his accomplice...!! Wa....a smart tactics !Tighten your Surf-board......
Next acute up-surge to the higher wave will deter some surfers....n also formation of psycho phobia !Those surfers with guts, stamina n psyco trading skill .....can surf to higher level ! ( Trade with care )
Price n trading volume signal ,.....it will be a C-stock soon !Want to buy @lower price ,can't get. ! And to get it @higher price...,the mind is deterring by the fear factors.....! Take care......do not end up seeing the psychiatric !!
When prices sliding down n can cause a fear factor ....,will result panic-selling !! Sellers falling to the Trap-hole ...,the master Mind is doing the bottom collection...!! Take care in trading....!!
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....
Tortoise
249 posts
Posted by Tortoise > 2016-10-27 17:23 | Report Abuse
Hosehlah