Yeah. Actually, last two quarter the newly acquired business ad contributed to the revenue. Just hope this quarter will be better and growing. Since the vehicles are more and more nowadays...haha
Qtr results within expectation although I would wish to see better net profit with the growth in sales. IMO this company has growth potentials with the enlarged operation following the recent acquisition of the Borneo Technical and Win Soon Auto (Win Soon group) which explained the increase in revenue reported.
The current strengthening of the Ringgit is good for importers like Solid especially their automotive electrical parts segment as these are all imported. This should gradually translate into better profit margin (lower import costs) and we should expect to see better profits in the next Qtr results. Thumb up for Solid !
Don't give up hope so easily. You will note that there are very few sellers in the queue. I want to buy low also cannot get. Just needs some big players to push the mother and it can easily go limit up. Then warrants will follow.
Supply never end.. Must be retailer that trap during 1st spike..it is the matter of time..but for sure this pattern will go higher for next round..0.255/0.26 is good price to enter..my 2 cents
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....
wantocin
175 posts
Posted by wantocin > 2019-11-11 11:13 | Report Abuse
Wa target 0.13