Still a lot of people pretty bullish mah, last few days all in pessimism mode. Within few days totally change mode again ...

Thursday, June 27, 2013
Apollo- top-line & bottom-line slid
Result Update

For QE30/4/2013, Apollo's net profit dropped 23% q-o-q or 18% y-o-y to RM7 million while revenue was lower by 4% q-o-q or 3% y-o-y to RM55 million. Top-line & bottom-line dropped due to lower demand from both local and export markets as compared to the festive months in QE31/1/2013. The lower revenue and higher operating cost had resulted in a decrease in the current quarter’s profit.


Table 1: Apollo's last 8 quarterly results


Chart 2: Apollo's last 23 quarterly results

Valuation

Apollo (closed at RM4.05 yesterday) is now trading at a PE of 10 times (based on last 4 quarters' EPS of 40 sen). For a consumer stock, Apollo's valuation is deemed undemanding.

Technical Outlook

Apollo is in a gradual uptrend which accelerated over the past 6 months. This sudden acceleration may taper off and the stock may move in a sideway manner for a while. It shoudl however find good support at the psychological RM4.00 level.


Chart 2: Apollo's weekly chart as at June 27, 2013_10.00am (Source: Quickcharts)

Conclusion

Despite poorer financial performance, Apollo is still an attractive stock with positive technical outlook. As such,, Apollo remained a good stock for a long-term investment.

Apalah... block blog but don't block lolyat? Which 1 more time wasting...

Blogs got hamsap things, cheong blogs

Lowyat no such things...I think

I decide to sappork you.. i queue at RM 4.00

I remember a sifu once told me, if a stock is attractive, just take the seller's price

26.5 cent dividend right? equal to how much dividend yield?

wah so many people queue at 4.00 meh...

Haha.. this stock ok ok.. not that attractive yet...

But i like the net cash and divvy... other than that the growth is a bit...ugh.

You also queue at 4 meh? Jialat lio.. everyone target 4 4 4 4 4 4 4 4

u expecting high double digits growth for a cheapalak junk food stock meh

Me too,no la

Mamee did it ..before taken private..

CI holdings also did it.. before sold to the japs..

huhuuuu!!!

Got listen better don't pick lose.

Faster go pull out Apollo 11 chart.



Q at 4 ah?

Errr.... scratching hair...

Better quene at 30% limit down , maybe can strike some lottery .....

Lesson of the day? Go buy a private firm! Venture capital! Stocks are not for u

Haha... boon gor object ah?

Tell me what you see at chart...

I object.

You should tell me first what you see ma....


Today I give chance...

4 is like... errr.... you see the big empty space below 4?
Lot of empty space hor... I sked.

Not sure got labbit hole below or what....

So I rather not Q at 4 and instead I rather sell at 4.
Having said that... I no know how and I not smart to play this stock now la.... I rather wait la.

my POV and you have all the rights to object till I pengsan.

i objecttt ur playing style like uncle !!!!

nolah, i am not qualify pratitioner (SIFU) so cannot call object