i work in export base company. we do hedging of USD for up till 1 year in advance. in average, company will hedge 3 month in advance. so don't worry about their quarterly report for Q4 and 1Q2016
Malaysian exports rose 1.4% to RM68.3 billion in December from a year earlier driven by higher sales of electrical and electronic (E&E) products and timber and timber-based products to major buyers.
despite the huge decline on oil exports value?....interesting.
Malaysian exports rose 1.4% to RM68.3 billion in December from a year earlier.....that means what? with ringgit down 25%, does that mean volume exports down 24%.
Probability > Feb 5, 2016 01:30 PM | Report Abuse
Malaysian exports rose 1.4% to RM68.3 billion in December from a year earlier driven by higher sales of electrical and electronic (E&E) products and timber and timber-based products to major buyers.
Net gain of foreign exchange (4,265) (829) (7,010) (271) - FLB reported 7M exchange gain as of Q3 2015. So expecting 10M gain in 2015. However, revenue and net profit is also improving in 2015 and expecting PAT in 2015 should be 30M. Lets be conservative and assuming no forex gain in 2015 (back to USD = 3.64 end of 2014) meaning PAT is 20M or 19.4 EPS. With cash per share = 0.82/share and PE10, the fair value is around 2.76. Bear in mind this is provided that Ringgit will back to 3.64 as of end of 2014.
this stock really dropped quite a lot in last 1 month...are you guys ok? still in boat or already switch boat? long term still ok la..see quarter report lor if want exit , wait for quarter report result, next day might gap up 10 cents and sell it that time..but dont greedy, alot of ppl will sell and if you are late, end up you failed to sell it.
It all depend on the reason you buy. If your reason is solely based on depreciation of rm. You may sell. You should not have herb mentality. For those who yet to buy, if you don't intend to buy, please comment with facts not just based on your feeling and emotion. For those who had exit and made a loss, don't blame others and don't give negative comment without facts.
In fact,don't you ask yourself you can payah balik ?next week drop until 1.5,although quarter report very good then you still lose money because it patah balik half way then tyre puncit !
hey man, buy or sell still your choice, don't follow the herd blindly huh, hehe, need to go liao, got one pretty brunette waiting, no share market also can rocket one, enjoy your holiday man, happy CNY to all comrades. :)
All retailer keep cashing out from this stock. No need hurry to rush in first..or can slowly buy if u are going for long term investment. If short term less than a year, pls stay avoid.
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....
chl1989
2,552 posts
Posted by chl1989 > 2016-02-05 10:29 | Report Abuse
Buy ccb :)