With the solid result. Strong yoy grow on revenue and profit ( 2.5 times ) with low PE. Plabs will have potential of 40% to 60% upside in this year alone. If q4 momentum continue then plabs price will be 2X latest by Mar.
Result already out on this evening and fantastic rev and profit grow. Yoy revenue from 14.065M to 20.734m Yoy profit from 623k to 1624k Stay tune and will fly soon.
From 2014 Annual report, gross trade receivables is about 19 mil but there is 5.6 Mil that are past due but not impaired... this is come to nearly 30% of Plabs total trade receivables! And there was higher figure reported on 2013 annual report (~6.5 Mil).
Frankly my background is not on accounting or finance related and i am still struggling to read and elaborate further in financial report. I am not sure either how much past due trade receivables (but not impaired as the directors are of the opinion that they are collectible) that being recognized as revenue or being accrued. Please shed some light if this is not the case.
A substantial percentage of past due trade receivables will going to affect the company cash flow and that to me is not a good sign.
i only have 2014 annual report and from 2013 number it demonstrade similar pattern, if we follow the analogic, 2015 would not far out! I won't put my chip at this counter if see no improvement.
Plabs show super yoy rev grow for past few qtr despite challenging economy. Recent qtr profit show good control. If the management can continue improve margin and sustain the revenue grow then this counter is super good to hold for mid n long term. Only Cut when rev show slowing down n margin get thinner. Overall upside is huge n downside is limited. Expect >50% return
gohcheehoh, i saw GL Equity Partners Limited acquired plabs private placement shares on july, do u think this acqusition is part of plabs expansion to oversea? Coz i saw this company is register at Hong Kong, so u have any comment about it? up up up...plabs... :-D :-D :-D
Base on the financial report, plabs is one of the best small cap company with low PE, profitable business and Good 2015 performance to expand market share by growing top line and yet deliver a healthy profit margin. Keep accumulate n u will get rewarded by 2016 once people start to appreciate this beautiful GEM.
A company with proven solid top line grow for past few quarter. Recent qtr performance is super with ~ 47% rev grow and ~ 156% profit grow. No reason not going up. Strong buy ...
strange counter. solid yoy revenue grow for past few quarter.. last quarter profit even grow crazy 2.6X. You got to wake up and explode. patient ( 3 to 6 months ) will pay off ( > 50% upside ) for this counter.
Hope Someone can start to analyze and do some write up on this counter financial performance n business model to let ppl understand and discover this beautiful gem.
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....
芬记
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Posted by 芬记 > 2015-11-19 15:36 | Report Abuse
Zzz......