In stock market, it is essential to control emotions. Believe in the fundamental of good stock like FPHB. Buy on dip. You will become a good value investor.
For the second quarter ended 30 June 2024, if the expenses incurred for the Listing of RM1.651 million were excluded, the Group would have recorded an adjusted PBT of RM4.45 million and an adjusted PBT margin of 14.55%. Correspondingly, the Group also recorded an adjusted PAT of RM2.91 million and an adjusted PAT margin of 9.51%.
Prospect Over the next three years, as disclosed in Section 6.20 of the Prospectus dated 24 April 2024, the Group will focus on expanding centralised distribution centre by building up a new operational building, expanding of value-added processing area, purchase of new machinery and equipment as well as increase the numbers of transportation fleet to cater increase in market demand. Besides, the Group will also set-up additional regional distribution centres in Pahang and Negeri Sembilan, as well as a sales and marketing office in Singapore to secure new customers. Premised the above, the Group’s prospects remain positive taking into consideration the Group’s competitive advantages, business strategies and favourable market opportunities in the fresh vegetable industry.
Looks like this counter is entering winter. Very less volume and not able to stand at least 0.6 while other small cap and ACE stocks are performing well in these few days.
Buffett no longer cares about whether a stock’s value is increasing or decreasing. He is making his decisions based on the companies behind them. This is the reason why it doesn’t bother him if a stock’s value is fluctuating as long as the company behind it is still growing.
When investing, he also doesn’t really worry about what a stock might be worth ten or fifteen years from now. All he cares about is what the business will do at that time.
While stock values fluctuate, the actual values of the companies behind them don’t change.
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....
VincentTang
1,227 posts
Posted by VincentTang > 2024-08-02 14:44 | Report Abuse
Collect kao kao this strong fundamental stock at around 0.56 to 0.57. Don't miss this cheap sale.