QUOTE(panasonic88 @ Feb 11 2014, 03:46 PM)
A blog entry on 7154
An undervalued bra stock (now diverting to property)

I am not good in numbers, so I take abit here & there from blogger's.
http://chengyk.blogspot.com/2014/02/caely-7154.htmlNumbers (profits) way too smallish.
When profits is < 2 million...
Quarterly profit can really jump or down like hell.
For example in this case... (numbers taken from the blog )

See how 2014 Q1 and 2014 Q2 earnings jumped like hell when compared to 2013 numbers?
I have also seen many instances where smallish companies earnings can suddenly drop like hell.
Many a times, they drop suddenly without any warning...
Now even if you take the earnings seriousl, company had said earnings improved a lot due to the property division.
However, as you can see, total profits only totals 2++ million for each of the first 2 quarters of the year.
2 million plus profits is really, really, really small for a property company....
not sure how many would take the earnings seriously....
Other news:
http://www.thestar.com.my/Business/Busines...operty-JV.aspx/***
Some of the companies venturing into properties needs lots of study.
Fitters have been venturing quite big into properties...
but if one is an investor and studies the projects in detail..
this is one of Fitters project...
http://homes.trovit.my/index.php/cod.frame...on_type.1/pop.1Looks nice but try drive to the project itself... and look at the surroundings... you would be shocked......
This post has been edited by Boon3: Feb 11 2014, 05:40 PM