So what stock you wanna talk?

Eh?

Are we looking at the same data?

Homer started the year at 86 sen.

Stock ran all the way up on the back of new shareholders changes + the fact it was heavily recommended on some so-called investment forums+blogs+facebook etc (lol .. the power of promotings!) + not forgetting the announcement of the EXACTl ex-date of the 3.1 sen dividend (another bafffler .... lol....)

Stock was bubbly all the way till the day it made the announcement on 29th Jan (sorry not Feb .. brains not functioning well atm)

stock did a dramatic u-turn on 29th Jan midday.
I still recall...
lol...
how the buy bids disappeared...... siddenly.
stock retraced back to 96/97 region....

for me?
it appeared the market got it all wrong...
it ANTICIPATED profit growth (on the back of a very strong USD which should boost profit margins)....

profits disappointed...
but most important the company said the higher USD did damage to its material cost...
as high USD made their leather import (which used for their upholstery) more expensive....
that was a ..........
unexpected....

so company stock FELL due to poor profits...
and those who chased up (in ANTICIPATION of good profits) got their hands burnt.....

now come the interesting part....
after that correction....
stock did not fall anymore....
it stabilized at the 96/97 region...

why?

cos... imo.... Homer lost its profit growth...
but....
despite that...
Homer was cash flush...
and based on dividend yields...
at around 96/97....
the yields was still very much interesting.....

then for me....
in trading......
if the stock doesn't want to go down anymore...
it should probably go back up again....
lol.... and rallied again... it did.

now?
different imo...
stock WAS in a tight trading range...

(I have no expertise in such trading...
cannot find any godam edge with such trading...
it's always a 50-50 game...
stock could always break down as much as it could break up)

AND....
the past few days...
stock broke DOWN ....
on the back of a higher than average trading volume...

for me....
atm.....
this signals weakness....
the market does not ANTICIPATE any good news....

which brings the question for me...
does the insider know?
does the insider already know poorer results AGAIN from Homer?

no matter what....
I cannot get comfy with such trades....
I have no edge...

which means....
sitting on the corner ...
and playing with that lonely spider...
is the best option for me....
for there is no need for me to get every stock right at all times...

waaaaa...... ENGTEX ah?
not bad wor....

ps/

if it breaks out of the range.....
ie break UP ....
I obviously might consider chasing the stock up....

which brings me the issue...
since it now breaks down ...
instead of breaking up....
why should I chase the stock down?

No problems...
I am not an active trader...
Hence my preferences and risks tolerance would vary greatly.....

Polish ?

New profession mehhhhhhh?

missed your post....

err.... ya... same as Homer... weakness seen in recent couple quarterlies....

Where is the rotan???



Lol

Happy now?

where is the queue?

My?


You think got Happy Family soon?

I know you still holding ma....

Dude, you want a blunt answer?

.... and what is your risk assessment of this company at this moment?

..... is that all meh?

fuyoooooo....


..... newbie for life ah?







so where is the company's main property growth?

that question needs to be asked cos this phenomenal growth for SHL did not just started....
it already happened few years back...

so we need to assess if such high growth rate is sustainable or not.

so Sungai Long and Sungai Choh HAD been the company goldmine yes?
when did this boom in these two areas first started?

yeah... sticking to what works for you.... is important.


The key to the question is to look at the track record.

the table is out there... in the net.

if you look you will see SHL terror geng growth first started in fy 2013....

where profits jumped from 18 mil to 34 mil.

this is when you would want to look into this company.

looking at it fy 2013 Q4 report in May 2013.... what do you see in the company's notes?

Sungai Long and Sungai Choh....

same two area..... which is also the main profit contributor for current fy profits....
meaning to say we have 3 EXTREMELY good profits driven by these 2 projects....

where profit went from 34 mil to an incredible 104 million now.

so how more can the growth last from these 2 areas?

then.... compare the stock price....

end May 2013 ... stock price how muchie?
end May 2015.... stock price how muchie?












( of course there are other issues/factors to consider also )

well... that's basically your risk.


of course, unless if you know that SHL have other golden rivers such as Sungai Long and Sungai Choh ....
and that SHL can replicate same success ......

drinking a bottle or two bottles of whisky sure can get you tipsy....