3. Econpile is largest co in piling biz in Msia . It have market share of about 25% . Also it is providing service in niche industry of construction which have competitive advantage over Econpile. This show it have strong biz expertise in pilling biz
downsize risk is very limited now. not to worry guys if u got holding power. as mentioned those awarded already signed contract. if cancel there would be compensation for termination of contract. so pretty secured now. this is the only time we can collect so many share at bargain value guys.
Parkson is different because....nowadays really less ppl go to Parkson same like the good old days. last time there is no AEON, GIANT, TESCO, so during festival we always go Parkson, the old type supermarket. As trend changes, Parkson could not adapt to the change so drop in revenue and drop in profit. Also, China operation also change due to now the shopping trend in there changes, now all have Alibaba, WeChat etc, will less ppl go to Parkson shopping
KAREX...please la...go see its financial result, its loss making. even is world largest condom mfg, but its CEO MK Goh is doing shit. if drop one or o2 qtr, then might acceptable (due to expansion etc) but this KAREX finance result getting worse n worse every qtr. its the management problem that they don't know how to management the co. its profit is shrinking
ECONPILE the biz is still good, strong ORDER BOOK, with steel price up, profit still grow (good management), market over react that the recent construction don't not have direct effect to ECONPILE (as the recent qtr recent still good)...
econpile this company, if the project award to them b4 steel price up, then they will suffer some hit. cause private project the steel price is as per agreement during award. but on the contrary if steel price go up after they get awarded, then they should have increased profit
yup this company foundation not bad, management promise to improve profit margin because they have learn thru their past experience with train project due to logistic fees. But we'll see~
Econpile don't rely solely on infrastructure projects. Infrastructure projects only contribute to less than 30% of the book orders and they yield lower profits. The Company should take up more residential/office projects.
strong technical rebound +fundamental (hsr delayed not cancelled) will have 1-2 days effect, then stabilize for a while waiting for next catalyst. today volume n increase will definitely continue tomorrow...but take profit if u in position and always watch for next signal .
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....
RainT
8,448 posts
Posted by RainT > 2018-06-10 12:12 | Report Abuse
2. Property piling is around 75 % of its recent revenue and around 25% only is infrastructure which might government related .
So the recent sell down , thinking will affect Econpile prospect is not true . It main revenue is from property piling