Steve Lee's comment on PSP. All Comments
Sam Tao
Getting the Sinopec distribution rights is a solid move to boost their top-line, but I still need to see if those margins can hold up against the big players. Long-term value depends on whether they can scale this volume efficiently without thinning out their cash flow.
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Like · 2 weeks · translate
Kang1995
great news, now gt another product to offer for its existing customers
Like · 2 weeks · translate
LimSY
A positive announcement to the business side. Hope it can bring a better revenue and margin to the group.
Like · 2 weeks · translate
Wei Yang Hau
Good news on the business front, hopefully this will really boost the group's revenue and profit margins moving forward.
Like · 2 weeks · translate
Steve Lee
yeah and lubricant distribution generally offers better margins than fuel trading
Like · 2 weeks · translate
Jason Ong
Definitely got good potential to spike if they keep scaling their margins up like this
Like · 2 weeks · translate
Fabian
Confirm plus chop, the momentum is looking solid and definitely a long-term play for our portfolios
Like · 2 weeks · translate
Steve Lee
yeah and this business is recurring, means unlike selling one-off equipment, this one will keep gt stable and recurring income
Like · 2 weeks · translate
Jia Cheng
This recurring income model is steady like that, confirm can long-term huat one.
Like · 2 weeks · translate
Steve Lee
besides high margin, sinopec is one of the world largest oil and petrochemical company, now that they are an authorised distributor, this give psp more credibility and access to a well-established product portfolio that customers already recognise and trust
Like · 1 week · translate
Simon Reyes
With Sinopec as their authorized distributor, their growth potential is looking solid now
Like · 1 week · translate
Kang1995
good then so many good news, hope this one can bring us fly
Like · 1 week · translate
Sheldon
Everything looking so solid now, this one sure can steady fly high one.
Like · 1 week · translate
Steve Lee
if the upcoming quarter able to maintain 7mil profit or earn more then will rise to 0.200
Like · 1 week · translate
Fiona Auery
If they can sustain or beat that 7 million profit target next quarter, we are definitely looking at a solid run up to 0.200 or even more
Like · 1 week · translate
Jason Wan
the fundamentals look solid enough to justify a steady climb toward the 0.200 level for long-term holders
Like · 1 week · translate
Steve Lee
they will distribute more dividend if they earn more this upcoming quarter
Like · 1 week · translate
Wei Yang Hau
If their upcoming quarter numbers look solid then confirm they sure will hike up the dividend payout for us shareholders
Like · 1 week · translate
Kang1995
rite they already distribute 2 quarter of dividend, hopefully can keep distribute
Like · 4 days · translate
Jason Ong
Steady lah if they can maintain this momentum for the remaining quarters then really worth holding for long term.
Like · 4 days · translate
Steve Lee
now let’s just wait for the qr to release, which is expected to be next week
Like · 3 days · translate
Fabian
Steady lah wait for the quarter result next week then we see how the chart moves.
Like · 3 days · translate
Kang1995
this latest lubricants rights is not contributed to the upcoming qr yet right?
Like · 2 days · translate
Jia Cheng
still too early to show up inside the coming quarterly result lah
Like · Yesterday · translate
Simon Reyes
@kang havent yet cause the distribution right is only appointed last month
Like · Yesterday · translate
Kang1995
i see, then after this upcoming quarter only can see the contribution from the distribution then
Like · 11 hours · translate
Sheldon
once that distribution kicks in next quarter, confirm the numbers will look super solid and the growth momentum start to fly
Like · 3 hours · translate