Accumulate slowly , don't buy beyond IPO price of 25 sen till after Q 4 results is released in February, by then we can see how ignorant retailers react to its Q 4 results when one off listing expenses are charged...
Does anyone how the QR report its calculation for its EPS ? profit only 3 millions, based on its outstanding share before IPO is 318 millions, then EPS should be 0.96 sen only, how come it reported as 2.51 sen ???
Accumulate slowly , don't buy beyond IPO price of 25 sen till after Q 4 results is released in February, by then we can see how ignorant retailers react to its Q 4 results when one off listing expenses are charged...
We pick Spring Art instead of Wegmans , because Spring Art has consistently better net profit margin (about 16%), and it only required about 40% of human labour of traditional furniture manufacturers due to their using of CNC machineries for its RTA furniture manufacturing production. And pending its factory C that would be using more advanced equipments than the current equipments, therefore Spring Art is possessing rapid growth rate DNA ( 快速成长基因) within next couple of years..
Note: This write-up is purely for research educational purposes only
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....
fxpro2019
3 posts
Posted by fxpro2019 > 2020-01-07 10:51 | Report Abuse
yesterday new high for transaction.... 15mil shares transacted