Based on latest AR (published end Oct), Sg Petani expansion completed (within the targeted timeline i.e. 2H 2016). The RM16M budgetted CAPEX payment to contractors for the construction should be reflected in next 1Q Sep or 2Q Dec report. This further reaffirms the sharp rise in Admin Expenses and 'poorer' results in last QR due to initial commissioning/testing stages of this new plant. We shall see a much clearer picture in 2Q Dec or 3Q Mar report, when the production runs at optimum level.
“Naturally, beneficiaries of the strong US dollar are exporters and companies with significant US-dollar assets,” said UOB KayHian in a report yesterday.
The research house prefers the electric and electronic manufacturers such as Inari, VS Industry Bhd and EG Industries Bhd on the back of revenue growth and margin improvement as compared to exporters.
“We are less enthusiastic on the loftily-valued rubber glove manufacturers, as the supply-demand dynamics for nitrile glove remain unfavourable.
Year by year, quarter by quarter, Revenue increased, profit increased, profit margin also increased to 3%. Potential stock of year2017! buy now dont miss the boat.
The revenue and profit both are good. If compared to last quarter, the EPS increased. if compared to last year, although the profit higher but EPS drop, is due to the right issue happened in september 2015.
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....
CFTrader
812 posts
Posted by CFTrader > 2016-11-10 15:08 | Report Abuse
lapsap lah this stock, waste my 6 month opportunity cost only. talk big cannot deliver. ptui.