hahaha, got 1 stupid & idiotic moron queue with 1 lot each for 6 levels starting from 54 cents low price. He thinks that by such idiotic act the traders would not buy higher, such a mental case indeed....hahaha....better send him to Tanjong Rambutan huhu
Posted by banker33 > Apr 9, 2019 8:48 AM | Report Abuse X
hahaha, got 1 stupid & idiotic moron queue with 1 lot each for 6 levels starting from 54 cents low price. He thinks that by such idiotic act the traders would not buy higher, such a mental case indeed....hahaha....better send him to Tanjong Rambutan huhu
Really got such idiots and morons in Malaysia, hahaha
Hi guys... in 2017 Econpile is trading at 3.52x it's book value... That time the construction sector outlook is bright... , as of today's price it's trading at 2.10x it's book value... Should the company manage to turnaround into profit for FY19... you can expect what the TP will be approximately!
Hi Melady, for me I'll be holding till at least next Quarter... I expect the Earnings to stabilise back to normal in FY2020.. It's a long time, but with the sector outlook becoming better now I think it's highly possible!
Hi Ken Tang, last QR mostly cost overrun because of steel price rising to a high of 4800 Yuan / Metric Tonnes... Recently for the Q3FY19, the steel price dropped 17% (very sharp drop), so I expect the chances of cost overrun to be approximately 5% only... Cement prices also fell a lot for this coming QR...
where do u find that the cost overrun is due to steel price and cement price....@@ According to the qr notes, under section "review of performance", it was clearly stated that the cost overrun in 2 parts. 18.5 million losses due to delay and idling costs of 2 infrastructure projects and 15.4 million in property development. (reason not mentioned for property development) my point is we still have no idea whether the idling costs problem being sorted out, and of course the property development, we dont have much info why the costs increase so much. maybe u r right about material costs. but still have one infrastructure thing to bear in mind
Yeap Ken Tang you're right, there's three parts to the most recent QR, don't forget the trade impairment too. You are right about the idling costs, but their contracts pipleline still worth 1billion ++ they can easily divert their machineries for other projects, but I can't be 100% sure, only 95%. Thanks for your input!
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....
Hotstuff
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Posted by Hotstuff > 2019-04-08 20:22 | Report Abuse
there is no sign of retracement only uptrend