up and down stock's share price may go but here's some facts:
1. DANCO have always posted profits 2. Dividends given have always been maintained / grown 3. Annual Revenue YoY has grown 4. Annual Profit YoY has grown (except 2nd year listed) 5. Business is growing and expanding into new areas 6. No major shareholders are selling 7. 2020, 2021 & 2022 were challenging years and record profits/revenues were posted. Even if 2023 has a reduction long term projections indicate that things will bounce back when economic conditions normalise (which they undoubtedly will) 8. AR2023 indicates 2023 will be a satisfactory year. Meaning business as normal.
IMO, DANCO remains unappreciated and undervalued in terms of long term prospects.
only reason DANCO is down is due to macro head winds affecting Bursa in general. you could piss in the dark at the moment and find a stock that's depreciating
Its subsidiary is doing extremely well in the EV Charger market. Malaysia is expecting minimum 10,000 charge station by 2025, and I am expecting market should have et least 50,000 unit of EV car by 2025. Assume each customer average spend RM4000 on the EV Charger installation, DANCO is expecting to capture 10% of the market share, so perhap we can expecting at leas 5000 customers installation within the next two years, which is equivalent to RM20,000,000 sales.
Tesla Model Y received 10,000 order in few days. Assume 10% of the customer will order wall charger from Jusev, there is another 4,000,000 revenue on the book.
selling pressure is extremely high despite price has been laying at level 18 hell , something must be wrong till seller non stop throwing huge qty , RUN B4 TOO LATE !
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....
5612
30 posts
Posted by 5612 > 2023-05-03 17:12 | Report Abuse
hey Roger so which counter will rise?