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If only look at profits wud prob panic sell on Monday, but if u look at operating cash flow, it's been going up 9MFY24 ocf is ady 30m vs fy2023 ocf 20m, fcf also 9mfy24 7.4m vs fy23 5.2m. Of course most of u won't care, cos you all just in it to make quick bucks, fomo buy when price goes up and panic sell when price drops, creador wouldn't have invested if this company wasn't good
surprise dividend is good (more than FY23, but i dun think can reach fy13 12sen), but qr is so so, revenue is down, which is a bad sign, cos i receive word that perodua has maxed our their capacity for cars, and wont b expanding due to slowing sales, in general TIV for 2025 will b lower than 2024, not to mention the elephant in the room, competition from chinese cars, also high likelyhood recession is coming, based on 10-2 yield curve, i wrote about it in detail on moomoo (moomoo ID: ultraboom), basically, i dunno enuf about or have enuf confidence this company can ride through it, esp given trump might start slapping tariff, which may or may not affect MCE, theres too many uncertainty ahead, i also have better ideas that have more upside while being cheaper, disclosure i dispose all my positions in MCE, even b4 the QR, which in hindsight, might have been better to delay a bit since i knw dividend is coming, but i also knw u cant time it perfectly, but i expect market to b neutral toward this tmr, might rally a bit cos of dividend, but prospects might b challenging
I wrote more analysis and thoughts on moomoo, i3 and klse forums tend to b toxic and cesspool like, full of stock punters that dun have much good discussions, or just full of ppl trying to pump and dump stocks