I eventually decided to take a position in this stock just prior to the CNY break, 17th January, at 48 cents.
If I've got time over the weekend I'll give my reasons, although there are some pros and cons. This is a longer term buy with at least a 12 month horizon and not suitable for those who day trade or are looking for a quick profit.
Hey Natsukomushima, everyday Swift dropping. Are you selling brother or you represent Jap funds selling arh.. Everyday dropping by 0.05c....If this stock is so good!! Why dropping.
Treetopview, the profits not much compared to revenue.... Directors pocket with high remuneration anf directors fees. Hmmm. Mr Jap, Natsukomishima has been pushing positives, this stock. I am having 2nd thoughts about this stock !!
Treetopview, the revenue so high but profits so low. Don't think a dividend will be paid with so many shares on issue. High Directors remuneration and fees take away what can be due to minority shareholders. I am begin to wonder if this is going to be a very good LT investment!!
@TakeProfits, as I mentioned in my original Swift post I am viewing this with at least a 6 to 12 month horizon.
You mentioned profit margins being at the low end of the spectrum and I agree, to a point, however this is partly due to the sector it's involved in. With the relatively recent 46% increase in warehousing capacity this may in part assist with improving margins, although we obviously need to see the upcoming quarterly for confirmation.
As for your comment about them not paying a dividend, I'm not sure if you aware they have already paid an interim dividend of one cent and I'm hoping they will follow this through with an end of year dividend.
It may not be the stock for you if you are hoping for an immediate price rise, or if you don't buy into the notion that it could be a possible gradual recovery play. For me, I've taken the risk at 48 cents and depending on the results of the upcoming quarterly I may either add to my position or perhaps decide to sit on my hands.
Who are the promoters of this stock you are talking about, as I have seen very little or to be more exact, no IB reports on this company recently? Care to enlighten me?
There are promoters as you read past comments about this stock. Anyway maybe I misread their intentions. As you say let's look at this with a longer term view. Short term the stock price will be ups and downs. Thanks, TreeTopview.
If we compare Swift to its peers, Swift is considered very undervalued. It might take a bit of time for Swift to unlock its potential in the acquisitions made.
Out of the blue, huge seller at 48.5c...Funny got big sellers. Directors selling !! Since this touted as a very good stock but still people want to sell. Really surprising!?
Hey Natsukomushima, everyday Swift dropping. Are you selling brother or you represent Jap funds selling arh.. Everyday dropping by 0.05c....If this stock is so good!! Why dropping. ________ When a value stock price drop u day it s a rubbish stock !
When a rubbish overvalue stock like CFM ,SFPTECH up u say it s a good stock !
Wei Natsukomushima....This stock keep coming down by 1/2 cents nearly everyday. Today nearly 5m shares someone sell. Yesterday also about 4m shares sold. Hmmm. I will que at much lower prices!!! Just watching !! How come everyday dropping from 50.5c....Ayoh yoh.. Is 15c coming yar !!
Wah Natsukomushima, you really know for sure they will push 2024. ?? How you know arh. I small timer, I buy very little to keep myself alive. Teh Tarik and roti canai. Then I wait till lows maybe watch till end 2023 to buy lor around 15c.yar ...hehe...Kikiki
Hey Natsukomushima, I scare you know. If I sapu, and they sell now sell shorts, I will kena kau kau man. You buy first lar. I follow when Swift bird flying very low prices ok. Thanks let me know it's bomb up 2024....kakaka
Hey Natsukomushima, I scare you know. If I sapu, and they sell now sell shorts, I will kena kau kau man. You buy first lar. I follow when Swift bird flying very low prices ok. Thanks let me know it's bomb up 2024....kakaka ________ If i ask u to buy at rm 4, yes it might not a good starting point but now is only 4x sens not even US 10 cents then u can become a shareholder in a fast growing leading logistic business , the price is at low level n u should buy now , dont time the market n share price , just focus in business model n future , buy in at low level u will never regret , trust me , time will prove unless u are a gambler who wants earn fast money !
Swift haulage boss is big fan of Warren buffet , he wont bring u to holland , he just needs some time to bring back intrinsic value per share to shareholder ! U will regret not buying this 10 times gains stock !
The quarterly came out yesterday, delivering a bit of a mixed bag,
A few weeks ago I posted my thoughts on what I had hoped as a minimum from the report:
Revenue Rm160 million Net Profit: Rm12.5 million EPS: 1.4 cents Declare a Final Dividend of around 1 cent
What was actually delivered in the quarterly:
Revenue: Rm165 million (good) Net Profit: Rm11.24 Million (!Rm1.1 million below, due to increased interest costs) EPS: 1.27 cents ( same reason as above) Dividend: 1 cent (in line with my expectations)
Although revenue increased, the NP was lower, something that needs to be addressed fairly quickly by reducing interest costs blowout. Yet again, as in FY2022 they plan to increase Warehousing space in 2023, so that should be a sign of confidence and their ability to fill the extra planned space.
Sentiment neutral. Although it could possibly be trading at a slightly higher price than currently, I doubt we'll see much interest in the stock in the short term. I may use further price weakness to top up marginally until I see more positive signs in the price movement.
Sticking with my original plan of a 6 to 12 month horizon on this company before we see any substantial changes.
Tree Top view....at moment, it does not look like a great stock. LT view is ok for those willing to hold Long. I will have to wait and see for some more improvements..
Hi Natsukomushima, not a great result. It's like hang on. So, I won't be in this one until further improvements. Will watch and see first. Today's trading open 48c and then immediately sold down to 46c... I am a bilis...so i have to be careful. I preserve my money for better stocks. Thanks Natsukomushima
@Natsukomushima....I truly agree with u. One needs to have patience to invest in this particular ctr...u only need to look at Pelikan to understand its trend...I believe both are under the same boss.
Hi demusangking...hehe. yalor Malam naik Baru syok...Tapi saya punya lubang dia tutup sekejap. Macam ini, saya Naik because Swift olang kata mahu Naik lekas... haha. Says main sikit Swift lar sekarang. .hehe
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....
ychong88
132 posts
Posted by ychong88 > 2022-12-23 16:32 | Report Abuse
break down the support 0.48, is a chance ?