Petronas MCM is worth approx. RM1bil (and that is assuming best case full call-out)
At 20% net profit margin (assuming best case, which is higher even that the latest Qtr)
Youre looking at net profit RM200mil
You cannot annualise the latest Qtr profits, because the maintenance contracts are not guaranteed, they do not have a fixed contract sum, and the last time when crude prices were low during 2015-2017, petronas cut opex and capex...and well you can see the o&g service providers results trolololo
to play safe,hit and run,i won't buy and keep the stock that already up more than 100% uncles I still hold at 25cts one lah. wanna keep better buy other uncle koon beaten stocks such as lionind,toyoink or jaks
Aiyo dragon, sometimes ah your good advice peApple don't want listen, got profit don't want to take think can forever go up to the moon buaya don't eat retailer who is going to pay for the bill, wakakakakaka
Posted by Poxa > Jan 7, 2019 12:25 PM | Report Abuse I like dragonslayer wherever he is the stock will collapse eventually sooner or later, wakakakakka
There are no retailers parkin' at below 0.58. All panic buyers already masuk before 10:30am. Simply said, now sellers are heavily overweight vs buyers. In the right mind, big funds will wait.
icon...I can share with u...I don't think he minds....
[19:41, 1/6/2019] u not friend....now only tell me u doing carimin.....
[11:21, 1/7/2019] Koon Yew Yin: You must not be afraid to use margin to buy Hibiscus WC and Carimin because they can go up a few hundred percent in the next 1 or 2 years.
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....
LA777
3,383 posts
Posted by LA777 > 2019-01-07 08:27 | Report Abuse
Wow, everyone so excited when uncle Koon wrote two articles, today will have exciting show again, cheers!!!!