MOHD RAZIF BIN AZIZ's comment on ESCERAM. All Comments

MOHD RAZIF BIN AZIZ
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No one wants to buy or sell.. So quite
Alvin Au
zero volume transaction today
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William Yang
Weird. Maybe people forgotten this counter?
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MOHD RAZIF BIN AZIZ
Finally some buying before closed.. Hopefully tommorow will be better
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Eddy Khoo
what do u expect from this counter? what s the catalyst for it to move uptrend? bear in mind the manufacturing biz no longer profitable. as for the building materials biz, it s a new venture with additional shares issuance which by right would dilute the share price as now. the profit margin of the building materials is still low for now.
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Eddy Khoo
having said that, the only redemption for this esceramic is declaring annual dividends which would reward the shareholders a bit in the next few years
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William Yang
Eddy losing faith?
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Eddy Khoo
just put this aside and hope to receive dividends in 2025 and 2026. every dog has its days and possible this counter may back to 0.25-0.3. I don't expect it to have any rally or strong recovery in the near term as there is nothing to support higher valuation for now.
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cheng
eps 0.34 for Q1FY25 is a good start and a good baseline for subsequent quarters.
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Eddy Khoo
cheng, building materials biz profit margin is extremely low. hard to increase the eps.
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cheng
True, Eddy. In fact, my personal expectation is for it to maintain similar eps for subsequent qtrs. That will be sufficient to justify the valuation that you mentioned above 0.25 to 0.30 :)
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Pilindo Zakaria
Other building material company making profit >20%. but 110m sales is not much. compare with other company 1bil sale.
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William Yang
Yup. Just visit back this counter after 3 years
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