Jackynck stockholm999, normally will be like that, once result worse compare to last yr, all people will dump the share... even they still make the profit... 28/11/2018 15:05 ---------------------------------------------------- Ya, i realize that too. those ppl.. really dunno scare of what. but ok for us, can collect it much more cheaper
hahahaha depend on which company la.... econbhd no problem one. Watch on it result in the past few year... every sector got it cycle.... nw drop is not a problem... problem is ur holding power..... last time inari penta gtronic unisem also drop like hell....few month time.... rebound more than 50%
u go watch inari, penta, unisem.... i think u are new to bursa right? even topglove also drop a lot before.... every stock got its cycle... wont 100% rocket up in str8 line.... also wont str8 drop downward
this company is one of my favourite company, this year... last time it drop to 0.5+ but i buy at 0.6....i also no worried... i sold all at 0.87....but i can even up to 90cts.....nw my another chances xD
This year it seems most stocks qr results are facing financial losses . Don't dumbed dumbed buy and hold for long term . U don't know what next and the risks is still there and caught you unexpected . In whatever price cap , buying and selling activities can be seen in the daily market transactions , but who is the unlucky one that get caught up !
Book value per share is around 0.26-0.29 ~ so there are limited downside. Beside ~ 1) its already known that 2018 domestic construction contracts awarded to listed companies had drop overall due to Government change. 2) Revenue still increase on econpile means its still healthy, but have to see what causing their margin to reduce 3) If all mega project resume after new gov stabilize the economy, this might be a change.
So conclusion, I will go in but will go in from time to time just in case it goes lower. Just sharing :)
From their QR Notes: - The increase in revenue is in line with the order book secured and particularly billings from infrastructure projects. The drop in profit margins is a result of higher percentage of billings from infrastructure projects which yield a lower margin.
- The decrease in the profit before tax for the current quarter ended 30 September 2018 of RM6.4 million or 23.7% as compared to the preceding quarter ended 30 June 2018 was due mainly to lower margins from higher labour-intensive work activities for few of the on-going projects.
this recent qtr result is frm jul 18 to sept 18, which the PH already announce cancel this and that project
but ECONPILE still can increase in sales is very good
but also i think need wait few more qtr to see how ...because the effect of the PH cancel project might not fully show in sales amount yet until recent qtr
if after few qtr still sales can grow means ECONPILE is really strong company as the cancel of contract will not affect ECONPILE much
Scanning the 52 new low and come out this stock... hmm big boss press down so hard.. preparing next potential 50% return stock ?? hahaha.. add to monitoring list.. Once got construction good news it will move right?
Just wait reversal signal come out first then only buy first bet. Wait until boss press down low enough and collect or other FA big player like lenyan find it undervalue and come in. Nobody know how low will it go.
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....
stockholm999
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Posted by stockholm999 > 2018-11-28 15:12 | Report Abuse
Jackynck stockholm999, normally will be like that, once result worse compare to last yr, all people will dump the share... even they still make the profit...
28/11/2018 15:05
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Ya, i realize that too. those ppl.. really dunno scare of what. but ok for us, can collect it much more cheaper