u better dont trust the management, probably he wanna distribute b4 this co report even lower profit (FYI, if not becoz of much lower income tax, latest Q will be much more terrible)
There is no value in this poorly managed company, it is in fact overvalued at this price. strategic value investors should avoid this rubbish at all cost.
No worry , we will add value to it when our collection has reached the level which we can dictate the price ..Our target is by next year it reaches 60 sen, we make a return of about 300% .... How to make that happen is clearly spelt out in our " 股市秘诀 ” presented to our friends
When agm? I just checked their cash flow, it is quite weak at the moment. While GDB after remove share still have 30m cash, operating act profits 16m, inta only 1.5m.. i think thats why its not going up.. if close below 0.30 within this week then we wont see any chance. But hope shareholders here stay tight and give the company some time. In my opinion GDB still has more space to grow..
Not enough money how to pay so much dividend , 535m share x 0.0075 = RM 4M , later their balance cash become RM 1M only.. unless next QR they have good results or profits. So ure actually betting on its results
Inta Bina has completed over 110 building construction projects with a total contract value of more than RM2 billion, mainly in the Klang Valley and Johor.
So what, more than RM2 billion delivered but whats their net profit ? As good as shit when compare to GDB ! Thats why GDB can rebound very fast but Inta lower and lower day after day, even rebound due to award of contract but only can last 1-2 days. Base on theedgeweekly interview, i can tell you for sure that the double digit bottomline target is a mission impossible. If you have study the latest quarter result, you will be very worrying if you are still holding this junk, the gross profit margin is every below 10 !!, at 8.x%, which is the lowest in last year ! The management explained that the lower profit margin attribute to the completion of higher profit margin project(even with higher margin proj previously, the gross profit margin still very low compare to GDB) in quarter earlier, HE IS TELLING YOU THAT MOVING FORWARD, INTA ONLY LEFT LOW PROFIT MARGIN PROJECT ON HAND !!! HOW INTA GOING TO ACHEIVE DOUBLE DIGIT BOTTOMLINE GROW IN FY19 ? FY18 net profit 21million, and now left 750mil outstanding orderbook, assuming a 110mil revenue per quarter and an estimate of RM3-RM4mil profit (if you read further, Q4FY19 net profit suppose to be much lower if not due to lower tax rate), my estimation of FY19 net profit will be around RM16-RM18mil, SO DON'T TRUST WHAT THE MANAGEMNT SAID DURING THE INTERVIEW!! Throw this into rubbish bin and switch to other stock as soon as possible !! once again congrats those who bot GDB earlier this year.
With GDB top quality contractors im not even worried. One of the highest ROE in their sector. Unlike others, too many projects to be handled. There is a saying that dont chew more than u can. GDB rather focus on 2-3 projects and complete ahead of time ( developers will be happy ) reputation is there.
Go check what was the price when i ask u guys to switch to ECRL stocks. If you have follow my advise you would have been making handsome profit, easily recover the loss in this junk.
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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....
cytew
1,598 posts
Posted by cytew > 2019-04-10 10:57 | Report Abuse
I think so, make use of his "bad mouthing saliva " to accumulate it at cheap price...谢谢