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 COMPUGATES HOLDINGS BERHAD will UP

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stevenglobal
post Jul 19 2009, 05:17 PM

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Whether using an accounting concept to show how healthy a company is.... or any other concept or proof to show how good is a economy, I guess finanical crisis shouldn't happen at the first place, if everything can be predicted using strategies, fundamentals, of course by then everything bad can be avoided for sure, don't we agree?

Because we have years of education, a crisis, as we are human being, for those studied MASTER, PROFESSOR, and guess what, unable to prevent these happening... About the nature dissaster, we are not even reach there to prevent.

Same case with compugates, we can try our best to know this company, from top to toe, but it doesn't mean, it is going to be the best or worst forever. IMO, it is the Directors' intention that work out what is the best plan and best time for the company to improve.

You may ask yourself, 2009 is the best time to get a project? Any fundamentals or concept supports that this project will ever be paid on time? blink.gif I mean ON TIME, not 6 months later or 2 years later.

This post has been edited by stevenglobal: Jul 19 2009, 08:59 PM
stevenglobal
post Jul 19 2009, 08:55 PM

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QUOTE(CKC (Sense-Maker) @ Jul 19 2009, 06:36 PM)
Economy goes thru boom and bust. That is unavoidable under unfettered capitalism and is part of the economic process of resource allocation. Irrational exuberance took over when Americans conitnued spending more than they earned as capital gain in housing made up the short fall in their coffer. The brighest people made most of it thru securitisation. Then enough people woke up that things became unsustainable and all ended in tears and the short sellers gained most in the process. That is economic cycle at work. Nothing exceptional.

On compugates, it needs to earn RM100m net profit (2b*(7-2sen) to justify its market value of 7sen. Of course, market is a forward looking platform, if it can move in that right direction, RM50m is what it takes to safely project its future profitability. Even when things recover, it may take a minimum of 5 years for compugt to make Rm50m cumulatively from now.

Lets wait for 5 years and see if compugt can make Rm50m cumulatively form now, if it can last that long.
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Since you are putting it that way, just wonder if you could notice which BANK last the shortest, and which BANK is going to last the longest? We have been seeing merging among the BANK lately, don't we?

stevenglobal
post Jul 19 2009, 09:03 PM

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ok. Sorry for putting strong words. Back to compugates, my opinion, HOLD.
Extra cash play FOREX. < RM1000 also can.

This post has been edited by stevenglobal: Jul 19 2009, 09:05 PM

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