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Likely wl trend lower fm the price action.
On the other hand, it present an opportunity to
grab cheap sale fm a good company
On the other hand, it present an opportunity to
grab cheap sale fm a good company
msksmsks ( Date: 16-Nov-2023 10:10) Posted:
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Company guided strong 3rdQ earning before , many bought in anticipation of it but end up disappointed with the result , now are cutting loss.
No near term catalysts and indicators cutting down.
Support $1.19 and if break, next 1.15, 1.12
Waiting for durians to drop and pickup
Support $1.19 and if break, next 1.15, 1.12
Waiting for durians to drop and pickup
Delfi Q3 Ebitda falls 6.3% amid higher selling, distribution costs
CHOCOLATE confectionery company Delfi : P34 +2.36% saw its earnings before interest, taxes, depreciation and amortisation (Ebitda) decline 6.3% to US$12.9 million in the third quarter ended Sep 30, 2023, from US$13.7 million a year earlier.
This was despite the group posting a 12.9 per cent increase in third quarter revenue to US$126.4 million, from US$112 million the year before.
In its business update on Tuesday (Nov 14), the company attributed the growth in revenue to higher sales in both Indonesia and its regional markets, which comprise Malaysia, the Philippines and Singapore.
However, the group&rsquo s Ebitda was impacted by higher selling and distribution costs. It said that this is in line with the group&rsquo s business growth and strategic decisions to increase investments in brand building initiatives.
It further noted that the last few months have seen a significant increase in global uncertainties amid geopolitical tensions and increasing macroeconomic headwinds.
&ldquo Despite this, barring any unforeseen events, the group continues to expect it will finish this year on a positive note although increased investments in our brand building initiatives may moderate our overall profit growth,&rdquo Delfi said.
result neither good nor bad
likely wl be pressed down to weed out weak holders
likely wl be pressed down to weed out weak holders
eddyeddy ( Date: 15-Nov-2023 10:27) Posted:
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Must be a heavily shorted counter today .
Over reacted to poor 2rd Q EBITDA ?
msksmsks ( Date: 15-Nov-2023 10:25) Posted:
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sell on news, buy on weakness
3rd Q update prob this week, movement indicates positivity.
Finally see 1.30...
ai lai liao
slow & steady
Sold all @ 1.23 .
Looks good.....
Investors will get over the news of gaza war soon
Trying to stay afloat yet still got relentless selling .
This mrng, an attempt to whack it lower to $1.14
Those who bght last Fri now looning...
This mrng, an attempt to whack it lower to $1.14
Those who bght last Fri now looning...
Buy some 1.16 .
Since can't pushed up due to artificial suppression, perhaps recommend trading sell so can buy cheaper.
UOBKH gave trading sell
Target $1.03
But insti research remained $1.83
Target $1.03
But insti research remained $1.83
How much lower wl this be depressed b4 a meaningful reversal.
Q3 result shld be ard Nov 14
Q3 result shld be ard Nov 14