Based on preceding year QR just only worry the tax provision issues crop up again as last QR price succumb dripping down due to tax normalisation so practically this QR the management will oso look into tax provision because IRB all out to collect tax to pay country debts and unnecessary subsidy to certain xxxx which is very disturbing to tax payer money.
Yes, it seems IRB is going extreme high gear to generate more RM for government coffers.
Hopefully, this coming QR the management doesn't make the same foolish mistake of "underprovision for deferred tax," which easily negate any good performance from high revenue and profit to net loss.
Not so worry, from finance perspective, the underprovision deferred tax will only charged one time for previous quarters, which were underestimate. This QR definitely will not happen as it's just recharge on last QR.
Alcom value different fr lbalum. It has been goreng extremely high fr intrinsic value. True LBalum ever reach RM1 for long time. So I prefer to exit at certain price level.
Steel like Annjoo, Lionind, Masteel & Ssteel is overwhelming. I would prefer to invest in Alum. like Pmetal, LBALUM and Arank which has bigger space for uptrend.
It depend on maker. Normally IB with low volume and also depend on their strategy and timing. Cannot be right all the time but if breakout wt volume generally good sign.
"Ahead1268 It depend on maker. Normally IB with low volume and also depend on their strategy and timing. Cannot be right all the time but if breakout wt volume generally good sign. 11/09/2017 19:06",
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....
papaya
3,086 posts
Posted by papaya > 2017-09-08 01:00 | Report Abuse
manage to get 76.5-77sen for 2 days....kikikih....