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No need to worry if u r a long term investor. No matter how much big shark sell, as long as the company is earning money, they will buy back eventually. Prepare ur bullet and buy slowly.
Chow... Yes, aldy monitored this comp for few months.. And found that this year the company profit make another new record.. Even thier yearly revenue drop a bit due to losing some sales early this year. China business is making lost and management has taken some actions.... Bissel business also start contributing... So, plan to start to invest slowly either today or next week...
China segmen
China segment recorded a lower revenue for the current quarter and cumulative quarters
as a result of lower sales orders completed. Operations in China were loss-making for the
current quarter and cumulative quarters in the absence of large sales orders which resulted
in lack of economies of scale as the facilities remained under-utilized.
During the financial
year, results from China segment were further impacted by net loss on disposal of plant
and equipment, impairment loss on plant and equipment and termination benefits to staff
and employees amounting to approximately RM35.0 million
Lee, yes...need to hold for long term... refer to QR.. If not bcos of 35mil termination fees.. VS profit will be higher and the price will shot up this morning...
