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mcement just issued its QR. it shows good demand for cement.
that means construction is busy right now. Esceram is one of the cement player. they are not cement manufacturer, but they are user and do cement mixing. next QR will show another increase in Revenue.
for me Esceram is no longer Glove related stock. glove is just 10%. It is industrial product business. people sell esceram today is just because news from HARTALEGA.
William. When you mention Cut Loss, you actually influenced by Technical analysis. If you are expert in technical analysis, then go forex trading.
Im buying a share what i believe worth Rm0.3 at least.
In 2012, I bought Inari at Rm0.35. Went down to Rm0.28. Remiser and people say cut loss. I dont play this Cut Loss Game anymore. I stick to my plan at that time, I believe Inari worth 600m market capital.
Cheng. 20m profit. that means 5m every quarter. 1m from Glove, 4m from cement.
with total revenue almost 500m per annum, and we just talking 20m profit. less than 5% profit.
last two QR showing profit less than 1%. property is booming. next 3 years, cement business still busy. i dont think their profit less than 3% in the future.
total revenue is also growing. what happen if total revenue reach 700m per year. next 3 years, total revenue 700m, plus profit >20m