About KLSE
The Bursa Malaysia or Malaysia Exchange, MYX previously known as Kuala Lumpur Stock Exchange (KLSE).
Kuala Lumpur Stock Exchange became a demutualised exchange and was re-named Bursa Malaysia in 2004. It consists of a Main Board, a Second Board and MESDAQ with total market capitalization of MYR700 billion (US$189 billion).
The main index for Bursa Malaysia is Kuala Lumpur Composite Index (KLCI).
it does as said, but this small cap could be easily cornered by the syndicate, they like to do whatever they think is suit their needs … fair value justice to this is hard to judge sometimes … healthy level of investment heaven is of concerns …
The latest result showed the turnaround story has its leg. The Qtr 2 result June 2010 is 0.35 cents which is better than Qtr 1 result nearly 10 times EPS for Q1 is 0.04.
The cash flow also increased by about 2 million ringgit.
The latest filing showed that business increased and related party transaction between Thailand Magnecomp increased but the amount has been adjusted since then.
I believe the financial position for this company is getting stronger and therefore waiting for a right time to move up.
Hope this happen within this year. At the current price, it should be OK to accumlate if the business trend continues.
if people would just analyse the business model and financials of the company and then purchase the stock with a deep safety margin….we’d all probably avoid investing in stocks such as these..
Profile : Investor
Discussions :
What is your view on one of the group major share holder’s MAGNECOMP PRECISION TECH. PUBLIC CO. LTD. ?
Will it adds value to the jewel?
Is there a possibility that the company can reach the said target price by not having the acquisition plan?
What is the rate of change on digital era had to do with the company? as said by the company itself?
what’s your view point
it does as said, but this small cap could be easily cornered by the syndicate, they like to do whatever they think is suit their needs … fair value justice to this is hard to judge sometimes … healthy level of investment heaven is of concerns …
bought some, is the overall market trading at the fair value, of these kind
of company?
The latest result showed the turnaround story has its leg. The Qtr 2 result June 2010 is 0.35 cents which is better than Qtr 1 result nearly 10 times EPS for Q1 is 0.04.
The cash flow also increased by about 2 million ringgit.
The latest filing showed that business increased and related party transaction between Thailand Magnecomp increased but the amount has been adjusted since then.
I believe the financial position for this company is getting stronger and therefore waiting for a right time to move up.
Hope this happen within this year. At the current price, it should be OK to accumlate if the business trend continues.
if people would just analyse the business model and financials of the company and then purchase the stock with a deep safety margin….we’d all probably avoid investing in stocks such as these..