Please be wise and dont catch the falling knife. You cant stop the sharp fall... With the China situation not turning good, it is not advisable to enter the counter at this moment. Look at the import trade data from the China and you will know it. Expect the sooner China to turn better at middle of the year. Please dont get trapped in this counter. I have been advising the newbees for quite a long time, and still many stubborn and get trapped. Once you get trapped, it is not easy to get out as I expect HHGROUP will be having a bad year...
ft80. when you buy a share, you have to set a cut loss point. I cant make the decision for you. You have to think. If you didnt cut loss, then do u have the holding power to average down ? Good luck and trade wisely.
Only newbee will follow OTB and KYY call... Just remember how the Mr Kyy wrote an article about HH and the share price immediately shoot from 0.56 to 0.64... However, Mr Kyy just hold it for one day and sold all to the "Followers"
Their biggest competitors are synthetic mattress , which makes use of oil based raw material
When oil price came down, their natural fibre lost price competitiveness
I discovered this only after publishing my article in 2015. It was mentioned clearly in their IPO prospectus.
But I don't want to talk three talk four and spoil the party that time. So I keep quiet. Well, I can't please everybody. Whoever bought needs to do their own homework
Last yr beginn8ng i buy to ride the bandwagon of making export theme. After monitoring few quarters appear to me something fishy as director seems like goreng kaki. I domt like directors who prefer playing stocks than focus on biz., so i sell. After tht it did rise back to 0.60 level and higher. Now with china slowing down,, it is confirm gone case for export theme
Yaya, obviously the director is a superb goreng kaki. Have to thumb up for his excellent work to trap so many people inside. Besides, pro to talk cock too ... can achieve what lar bla bla bla...I dont think 资汇 this year will invite him to talk again
There is nothing much to tell. It is a free forum here, and I have every right to speak the truth. If you are able to prove my words are misleading, please try to correct me ...It is different perspective among you and me, so don't try to compare between me and u.
Good fa company but last Qtr Nett Loss too much. Misleading company..plz be careful with so much news..and going to main board..and so many thing speculate
For the current quarter ended 31 December 2015, the Group reported a loss before taxation of approximately RM1.59 million, representing a decrease of RM4.84 million or 149.0% as compared to the profit before taxation of RM3.25 million recorded in the preceding year corresponding quarter. For the financial year ended 31 December 2015, the Group reported a profit before taxation of approximately RM11.35 million, representing a decrease of RM1.59 million as compared to the profit before taxation of RM12.94 million recorded in the preceding year. The moderation of the profit performance was primarily due to the following factors: i. Lower gross profit margin achieved, as a result of higher average unit cost arising from lower production output. The Group, after taken into consideration the prevailing uncertainties in the market, has temporarily controlled the production volume during the second half of 2015 to prevent the risk of overstocking which could lead to quality issue consequently; and ii. Increase in administrative expenses as a result of higher payroll costs due to annual increments and higher depreciation charges in line with the additions of property, plant and equipment.
For the current quarter ended 31 December 2015, the Group recorded revenue of RM19.94 million, representing a decrease of approximately RM3.27 million or 14.1% as compared to the revenue of RM23.21 million registered in the preceding year corresponding quarter. For the financial year ended 31 December 2015, the Group recorded revenue of RM91.02 million, reduced by approximately RM0.64 million or 0.7% as compared to the revenue of RM91.66 million registered in the preceding year. The moderation of sales performance during the current quarter and financial year under review was primarily due to the following factors: i. Lower sales of oil palm EFB fibre to China market, as the market sentiment within the China’s operating environment have been weighed down by the economic uncertainties in the second half of 2015, and in line with the Group’s initiative to mitigate the credit risk exposure by lowering the sales to customers with outstanding balance exceeding credit period; and ii. Decrease in average selling prices of oil palm EFB fibre during the second half of 2015, in order to strengthen the
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....
yeohhh
2,406 posts
Posted by yeohhh > 2016-02-29 18:26 | Report Abuse
Revenue down -14%
Profit before income tax -146%
Net profit -137%
EPS -132%
NTA -34%