I think this company is fundamentally sound. Dont see much issues with their financials too. Just that business volume affected by MCO and low utilisation of vehicles on the road. When the Msian economy is back to normal, the future prospect of this company should be good, in my personal opinion.
Family business lah. Board & senior management are mostly kaki lang. Anything bad happens to the company, outsiders would get to know last. Buy around 20c OK lah, but when the wind is strong about this company, then better run fast2. At 20c, the mkt cap is already 110mil.
This stock, so far nobody take note. If it hits the top ten then is a different story. Buy and keep. Is consider a good counter for the very near future.
the benefits for employee is in the range of 5 to 7mil each quarter. Any idea what r the benefits that greatly erode the net profit of the co? Without with, the eps should be >1.5c for past 2 consecutive quarters.
They have reported 2 consecutive quarters of profits and if the coming QR to be announced this month is going to show another set of consistent profit, the turnaround is then intake and ready for upward movement in share prices to their more reasonable level. The current level is still undervalued in my opinion. My 2 sen view.
The profit is back, will SOLID pay dividend? In 2015, when the yearly profit was 9.5mil, the dividend was 3 sen. Now 10.5mil profit in 3 quarters. Really hope that dividend will be back after two years break(2019 and 2020)
Those who bought around 20 sen level and have the patience to hold are all well rewarded. I guess we should be seeing 30 sen soon with the better QR and recovery in the local economy and so specifically the auto sector.
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....
jun1920
370 posts
Posted by jun1920 > 2021-02-18 12:41 | Report Abuse
Your words already marked and it didnt go up yesterday