As long as it is not a debt laden, stagnant growth or no growth, -ve fcf kind of company, my personal view is that it is worth to bet once u believe. But remember to cut loss if price move opposite what you believe.
Still can sell cost at ipo price consider not bad if see the price today 0.325/0.33... I noob entry post ipo price, stuck at 0.40, didnt sell at 0.50+ tot this for long term... Manatau wait 2yrs until neck long still paper loss now and keep waiting je lah T_T
About cash flow: from AR 2021 Chairman statement "On 28 October 2021, Southern Cable successfully transferred its listing status to the Main Market of Bursa Securities, after fulfilling the Securities Commission Malaysia’s Equity Guidelines for the transfer listing. Southern Cable and its subsidiaries (the “Group”) recorded aggregated profit after tax of RM76.0 million for the past three financial years from 31 December 2018 to 31 December 2020 and maintained positive cash flow for the same period. " As it can get order from USA, is it not a solid recognition of its cable quality? I assume the company knows how to manage the order. If it can't handle the large order then can't it just not accept?
IMO the negative cashflow is not such a bad thing right now due to the amount of orders they have and the fact they're also using money to rapidly expand to meet demands. Pointing at the cash flow without looking at the bigger picture is short sighted.
Who is using the lame trick for the buyer queue? 100 unit queue so much layers.. But the price to open is unchange price.. Did they know how to view theoretical opening/closing price?
> You may not like what i have written and sadly that is your problem.
I actually think what you write is good. I just want to know why you track SCG. I never really see a positive idea or analysis from you when there are pros and cons of SCG.
>2. In order to recognize this, I have spent one year of excruciating pain with KC in his online course in which we study very extensively to unmask the strength n weakness of company balance sheet, cash flow statement and profit and loss account of companies listed on Bursa Malaysia.
>3 Every week for 52 weeks you are given 2 articles to read and at the end of a month you have to do an assignment and submit for his grading. There are 10 assignments to hand in and hundred of interesting and most worthy articles related to equity investment to read.
>4. Equity investment is not all the time about finding and investing in a good company and making profit. It is also about identifying a bad company that you did not invest and avoided a loss. And that means avoiding the lemon and discovering the star.
For the record on this part, I don't care about your life story.
Morning trader808, appreciate your effort and the contribution you've made. Btw, would you mind help doing the same analysis on karex and reveal the result?
Posted by xiaoeh > 35 minutes ago | Report Abuse Morning trader808, appreciate your effort and the contribution you've made. Btw, would you mind help doing the same analysis on karex and reveal the result?
Hi trader808, if you decided to help, can you analyze based on financial year 30 Jun 2022?
Posted by trader808 > 20 seconds ago | Report Abuse Noted you remarks. I shall remain amicable and choose to sign off here with a departing message by wishing us good luck and all the best in our investment journey in search of knowledge and profit. 14/4/23
If have read annual report for 2022...u will notice that Semangat Handal's warrant only have 8m Warrants left (probably had sold about 92m shares, take into consideration that it has reduced and remain holdings of SCGBHD at 201m in August 2022 announcement, and 1 bonus warrant for 2 SCGBHD shares in Dec 2022, so 201m SCGBHD was entitled for about 100m warrants)
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....
xiaoeh
2,731 posts
Posted by xiaoeh > 2023-01-09 21:58 | Report Abuse
It is what u believe what u see in the technical chart matter.