... and oh... CIMB raised Harta's TP!
Wakakaka
BWC
BWC
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Aug 5 2020, 09:41 AM
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All Stars
15,942 posts Joined: Jun 2008 |
... and oh... CIMB raised Harta's TP!
Wakakaka |
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Aug 5 2020, 10:30 AM
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Junior Member
284 posts Joined: Nov 2016 |
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Aug 5 2020, 10:46 AM
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All Stars
15,942 posts Joined: Jun 2008 |
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Aug 5 2020, 11:01 AM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(Boon3 @ Aug 5 2020, 09:41 AM) ChAOozQUOTE 1QFY21 PATAMI of RM220m (+134% YoY; +90% QoQ) came in at 14%/17% of our/consensus full-year forecasts. We consider the results to be within expectations as the impact from higher ASPs will be felt in subsequent quarters. The group is confident of the strong demand sustained, with order-books already filled up till April 2021, emphasizing that the lag impact from ASP hike will be felt starting from 2QFY21. Raised FY21E/FY22E net profit by 10%/11% after imputing higher ASP from USD34/1,000 pieces to USD38/1,000 pieces for each year. TP is raised from RM22.30 to RM24.66. Reiterate OP. Came in only 14% of their full year forecast ..... LOLOLOLOLOL!!!! Only 14% ....... like very the malu leh.... yet somehow.... they raised the FY21e higher .... from 1528 to 1687.9 million... LOL!!! 1st quarter already undershot by so much and yet can tembak the forecast higher.... let's see if fy21e is now 1687.9 million, then effectively it is saying Harta will report in 1687.9-219 = 1468.9 million for the remaining 3 quarters... or an average of around 490 million per quarter.... but again their TP is based on CY.... (is their fy21e numbers not high enough meh?) remember previously their CY eps is only 51.8 sen... their CY eps is now even higher at 57 sen. AVFAN I am ok with optimistic earnings projections... yeah... as a stock scientist, I do understand that you cannot be behind the curve.... BUT .... this is really bordering to ridiculous lor ... yes? the harta report is attached... » Click to show Spoiler - click again to hide... « This post has been edited by Boon3: Aug 5 2020, 11:01 AM |
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Aug 5 2020, 11:32 AM
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284 posts Joined: Nov 2016 |
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Aug 5 2020, 11:34 AM
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15,942 posts Joined: Jun 2008 |
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Aug 5 2020, 11:36 AM
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284 posts Joined: Nov 2016 |
QUOTE(Boon3 @ Aug 5 2020, 11:01 AM) ChAOoz Go go go:Came in only 14% of their full year forecast ..... LOLOLOLOLOL!!!! Only 14% ....... like very the malu leh.... yet somehow.... they raised the FY21e higher .... from 1528 to 1687.9 million... LOL!!! 1st quarter already undershot by so much and yet can tembak the forecast higher.... let's see if fy21e is now 1687.9 million, then effectively it is saying Harta will report in 1687.9-219 = 1468.9 million for the remaining 3 quarters... or an average of around 490 million per quarter.... but again their TP is based on CY.... (is their fy21e numbers not high enough meh?) remember previously their CY eps is only 51.8 sen... their CY eps is now even higher at 57 sen. AVFAN I am ok with optimistic earnings projections... yeah... as a stock scientist, I do understand that you cannot be behind the curve.... BUT .... this is really bordering to ridiculous lor ... yes? the harta report is attached... » Click to show Spoiler - click again to hide... « 2Q = 400m 3Q = 500m 4Q= 600m |
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Aug 5 2020, 11:41 AM
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All Stars
15,942 posts Joined: Jun 2008 |
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Aug 5 2020, 11:43 AM
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284 posts Joined: Nov 2016 |
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Aug 5 2020, 02:24 PM
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8,650 posts Joined: Sep 2005 From: lolyat |
QUOTE(Boon3 @ Aug 5 2020, 08:58 AM) still not see ..... Thank you for the tipsy Lemme divert attention ..... ah..... look see.... ![]() ![]() and the very important stupid vs clever ... ![]() comeon ..... don't lemme down ... What i think that the stock burst up with huge volume and black candle, that is a bad sign for me. I think any rebound will not able to exceed the previous price, unless it consolidate for quite some time and burst up with volume. Look at esceram also same thing happen. |
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Aug 5 2020, 02:28 PM
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1,450 posts Joined: Jul 2012 |
is KYY's calculation on topglove TP RM100 achievable? what is he smoking?
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Aug 5 2020, 02:32 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(yhtan @ Aug 5 2020, 02:24 PM) Thank you for the tipsy What i think that the stock burst up with huge volume and black candle, that is a bad sign for me. I think any rebound will not able to exceed the previous price, unless it consolidate for quite some time and burst up with volume. Look at esceram also same thing happen. Not a tipsy ..... but ... this is supposed to my fun paper trade ..... it's Si Bodoh vs the clever one lo .... my only one wish... it outperforms TopGun ... at least till end of the Month la..... » Click to show Spoiler - click again to hide... « |
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Aug 5 2020, 02:35 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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Aug 5 2020, 02:40 PM
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284 posts Joined: Nov 2016 |
QUOTE(anakMY @ Aug 5 2020, 02:28 PM) His calculation is as follows:QUOTE In the 3rd quarter ending May, its revenue Rm 1,688 million – PBT 422 million = Rm 1,266 million production cost. Assuming 10% selling price increase its revenue for June was Rm 1,688 X 1.10 = Rm 1.857 million – production cost Rm 1,266 = PBT Rm 591 million. Assuming 10% selling price increase its revenue for July was Rm 1,857 X 1.1 = Rm 2043 million – production cost Rm 1,266 = PBT Rm 777 million. Assuming 10% selling price increase its revenue for Aug will be Rm 2043 X 1.1 = Rm 2247 million – production cost Rm 1,266 = PBT m 981 million. Total PBT for 4th quarter Rm 2,349 million. Assuming 25% tax PAT Rm 1,762 million Assuming every month selling price increases by 10% and production cost remain constant This post has been edited by Coup De Grace: Aug 5 2020, 02:41 PM |
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Aug 5 2020, 02:41 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(yhtan @ Aug 5 2020, 02:24 PM) Thank you for the tipsy and yeah... I am also very the happy SuperMan is moving higher compared to TopGun... What i think that the stock burst up with huge volume and black candle, that is a bad sign for me. I think any rebound will not able to exceed the previous price, unless it consolidate for quite some time and burst up with volume. Look at esceram also same thing happen. such happiness |
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Aug 5 2020, 02:42 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(Coup De Grace @ Aug 5 2020, 02:40 PM) His calculation is as follows: aduhaiiiii .....Assuming every month selling price increases by 10% and production cost remain constant I need to find some stuff or chart to post...... spam... spam... spam ...... need to cuci .... hmmmmm.... see no evil, hear no evil, read no evil...... |
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Aug 5 2020, 02:42 PM
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Senior Member
8,650 posts Joined: Sep 2005 From: lolyat |
QUOTE(Boon3 @ Aug 5 2020, 02:32 PM) Not a tipsy ..... but ... this is supposed to my fun paper trade ..... it's Si Bodoh vs the clever one lo .... my only one wish... it outperforms TopGun ... at least till end of the Month la..... » Click to show Spoiler - click again to hide... « Topgun have to wait clearance from US lah, if not their share price will not move. |
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Aug 5 2020, 02:50 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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Aug 5 2020, 02:56 PM
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8,650 posts Joined: Sep 2005 From: lolyat |
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Aug 5 2020, 04:15 PM
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1,450 posts Joined: Jul 2012 |
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