Thursday, February 24, 2011
Thursday, February 17, 2011
They are 3 valuable lessons I learn.
1. Do not overly fixate on what we paid for a stock. Yes. Hartalega has gone up quite substantially since last year. But the future earning of the company is very promising and real. I strongly believe once the future earning be materialized, one could expect a re-rating. In fact Hartalega is experiencing it. Compare the what the analyst about Haralega 3 quaters, 2 quartes ago and now, you would get what I mean.
2. Do not rush to grab a small profit if you are convinced that you are on the right track. At the same time always remember it is not too late to recognize you mistake to sell for a small profit to buy it back.Once the mistake be recognized, just don't forget the Lesson 1. ( Do not overly fixate on what we paid for a stock before ). this remind me a guy in a chinese forum ( www.cari.com.my ) made a good call on Hartalega 2 years ago but sold it after awhile in order to look for another "super star" . Even though the profit he made was quite handsome, but he could make more only if he could hold it a bit longer. I wish him luck with no regret. Regreating is only for fools. It is just too hard to find a " super star ". We are lucky to find one. So it is better to hold it as long as its earning power still remain structural sound and promising.
3. This is about stock recommendation. KNN This is a neck pain. Friends do ask me to recommend some stock and I believe they won't be upset with me if the recommendation backfires. but the feeling is just not good lah... I ain't god so it should not be my responsibility. But I do feel great if the stock skyrocket. It is just a matter of sharing. Want to buy or sell, we are adult enough to make the call.
Monday, February 7, 2011
CURRENT YEAR QUARTER
CURRENT YEAR TO DATE
|2||Profit/(loss) before tax|
|3||Profit/(loss) for the period|
|4||Profit/(loss) attributable to ordinary equity holders of the parent|
|5||Basic earnings/(loss) per share (Subunit)|
|6||Proposed/Declared dividend per share (Subunit)|
Quarter to quarter, the Group’s sales revenue increased by 26.6% and profit before tax increased by 31.0%.
Comparing Current Q to Proceeding Quarter
In the current quarter, the Group's revenue was 2.1% higher and the profit before tax was 1.9% higher when compared to the preceding quarter. The increase in profit before tax is due to increase in demand for nitrile gloves.
For detail go here ...
Balance is ok. Cash flow is good. All the financial ratio is healthy.... hmmmm...
Looks like it is expending at the cost of the rubber glove. At 5.60++ I don't think it is expensive.
Adios Happy Trading.