In a nutshell, Not too bad really. Logistics division provided nearly a 30% increase in revenue and 80% increase to PBT compared to previous quarter. The downside was really lower contribution from property sector due to the key projects at nearing completion stage thus lower billing. The logistics division is still going on very strong
To be optimisitic, It wont drop below 1.26 as it still has a lower profit to support the base. If the worst situation is to attend the annual general meeting as a long time Logistic investor and accepts small dividend , we will meet there very interesting!!!!!!!!!
Type of transaction Date of change No of securities Price Transacted (RM) Acquired 09/06/2014 550,000 1.310 Acquired 17/06/2014 1,000,000 1.330 Acquired 23/06/2014 450,000 1.310
the selling pressure isn't that high enough, just some panic seller traded off their shares by looking on the figures posted. Good news for those who want to accumulate while low. Div is coming btw
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....
chickmonk
991 posts
Posted by chickmonk > 2014-08-18 14:20 | Report Abuse
left 2.5hours to buy.....