choo bee has same business with lsteel posting better results, expect lsteel could posting good result also, market still shortage in piping and flat bar
Pbt is actually high , 2.9 mil, in tandem with other peer with lower profit, they purposely pay a lot tax at this quarter, made the net profit lower, 2nd half with improved environment , price performance can be more encoraging
PBT is RM2.9mil (on par with last quarter) and tax is as high as RM1.3mil (43% tax rate). Resulting, net profit is lower QoQ.
If I take Q1 & Q2 core EPS to annualise, and calculate he PE, at 38.5sen current stock price, Lsteel is selling at PE = 5.4x only. I suppose its low PE is due to Lsteel does not give dividend all these years.
But looking at this relatively small steel company, and the price of share always in low side, and the company start make profit and expansion of company business, may be management foresee the bright future and now they dont want to share profit with other shareholder
Lousy counter. Make profits BUT never give dividends for more than 5 years !! All the profits dunno go where... Share price from 70+ sen now drop until 30+ sen. No hope... Lousy Management :(
Combination of major shareholder starts accumulating n associate co eonmetal secured a big project from FGV will see this stock price to go northbound soon.
Market bad today but this counter green color.. Steady la..... Cutie.. Still underpriced la.. As vincentbravo says nta is 1.12... Now not even half... Very humble this counter.. But it's starting to move...
Owners scare us with 10k shares, queue to sell.. People panic and run... At the end owner managed to collect 200k worth of shares.... If owners are collecting, why are people running.. Weird
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....
bali
113 posts
Posted by bali > 2018-08-13 17:03 | Report Abuse
no sst, can stimulus sales or not??