This Nova company want to build lab factory don't worry hold it .Wait high price then sell.they all want the investor to vomit out so that they can accumulate .By then they push very high.u all hold the paper and the Nova group hold the cash..
should we pay attention on the drop in profit margin? Also the overall sales is RM20++ mil only. Is there any potential in this company? need all sifu guidance, i am newbie to bursa with 1 month experience only.
This brand of milk powder is one of the best,very popular and expensive. Todays parents will try to provide the best to the babies. Good prospect and the company should progess with good management.
lots of people stuck inside and come here to boost the confident to save their life.
as what i said, below 0.58 is consider fair price and fair PE Ratio, a company like this have too much of limitation, and yeah, it may have good prospect, but i can see better prospect in many counters as compare to selling it's 'quality' milk powder (those who know where they import.their ingredients).
don misunderstand me, i just hope to give a fair view while many of u seeing this counter like superman. Well previously i bought at 0.585 and sold at 0.63, and now i buy again for short term.
spchon2, i have share my view for this in my previous comment, their 50% nett margin is NO 1 in Malaysia, some say in the world. anyway, i mean i don think they can remain 50% met margin in coming year, lets observe.
NWGB is pleased to announce that the Board of Directors of the Company has declared a Final Single Tier Dividend of 1.8 sen per ordinary share for the financial year ended 30 June 2018.
The dates of entitlement and payment will be announced later.
The payment of the above Final Single Tier Dividend is subject to shareholders' approval at the forthcoming Second Annual General Meeting.
This announcement is dated 9 October 2018.
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