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sale in capital city is not inspiring, at best a trading stock now. see how then at TOP
Told you before this is not for trading. Those who can hold will win big at the end.
now SGX trend is... if profit... down...
if lost... up !
if lost... up !
Base on day chart candle stick.
It is a bullish gravestone candle stick.
This mean a trend reversal.
Pls observe for a few more day.
It is a bullish gravestone candle stick.
This mean a trend reversal.
Pls observe for a few more day.
golddigger95 ( Date: 16-Nov-2017 18:18) Posted:
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Hmm pardon the noob question here. but usually how does the stock perform after the end of a EW?
Px 92
EW 89-w1 92-w2 90-w3 94-w4 92-w5 101 abc near w4 92.
EW just ended.
EW 89-w1 92-w2 90-w3 94-w4 92-w5 101 abc near w4 92.
EW just ended.
theedgesingapore.com
SINGAPORE (Nov 15): Capital World, formerly known as Terratech Group, reported 1Q18 earnings rose 33.8% to RM19.7 million ($6.4 million) on the back of a 59.5% increase in revenue due to higher percentage of works completed.
Capital World seeks property development joint ventures with landowners to minimise initial capital outlay.
The increase in revenue was mainly due to higher revenue recognition from Capital 21, the retail podium component of the group&rsquo s mixed development project in Johor, Malaysia, and its serviced suites component, Capital Suites.
In tandem with the increase in revenue, gross profit increased by 39.3% year-on-year to RM31.7 million in 1Q18 with a gross profit margin of 71.7%.
The increase in general and administrative expenses of RM2.8 million to RM4.1 million in 1Q18 from RM1.3 million in 1Q17 was mainly attributable to higher payroll related costs from the additional headcounts, and the additional depreciation and amortisation expenses from the fair value upward adjustments on the plant and equipment and mining rights as a result of the reverse takeover accounting in FY17.
Capital World says the prospects of the property industry in Johor remain bright with upcoming economic developments. In addition, there is a shift in Johor&rsquo s economy from manufacturing to services in recent years, with tourism contributing significantly to the local economy.
Shares in Capital World closed 0.5 cent higher at 9.8 cents.
Capital World reports 34% rise in 1Q earnings to $6.4 mil
By: PC Lee
2 minutes
SINGAPORE (Nov 15): Capital World, formerly known as Terratech Group, reported 1Q18 earnings rose 33.8% to RM19.7 million ($6.4 million) on the back of a 59.5% increase in revenue due to higher percentage of works completed.
Capital World seeks property development joint ventures with landowners to minimise initial capital outlay.
The increase in revenue was mainly due to higher revenue recognition from Capital 21, the retail podium component of the group&rsquo s mixed development project in Johor, Malaysia, and its serviced suites component, Capital Suites.
In tandem with the increase in revenue, gross profit increased by 39.3% year-on-year to RM31.7 million in 1Q18 with a gross profit margin of 71.7%.
The increase in general and administrative expenses of RM2.8 million to RM4.1 million in 1Q18 from RM1.3 million in 1Q17 was mainly attributable to higher payroll related costs from the additional headcounts, and the additional depreciation and amortisation expenses from the fair value upward adjustments on the plant and equipment and mining rights as a result of the reverse takeover accounting in FY17.
Capital World says the prospects of the property industry in Johor remain bright with upcoming economic developments. In addition, there is a shift in Johor&rsquo s economy from manufacturing to services in recent years, with tourism contributing significantly to the local economy.
Shares in Capital World closed 0.5 cent higher at 9.8 cents.
Still holding the shares and brought some today... on my view.. there is a huge potential given that their operating model require less capital.. think gonna take some time b4 the rest realised the potential..
Once the Austin project get aapproval, I think Fairvalue should be raised to above 30 cents from the latest analyst value of 25.5 cents.
So far only SGX_golden, danger with me. You are not too late to join us and BB to Huat all the way to Fairvalue of 25.5 cents as per analyst assessment.
Seems like not so many forumers here vested in it. Then today play is mainly BB acts.
Who have jeeped in this morning? HoPE we can Huat together !!!!!!!!This one is much much much better than Hatten. It did not incur much capital injection as Hatten does.
You are right. Hang and burn the Shortists!!!!!!!
short sellers starting to cover ...
Fairvalue 25.5 cents. You can calculate the percentage of upside. It makes me greedy. I am mulling to sell my sino Grandness to add in more here
Fireworks later? sit back and enjoy the show ✌
short sellers will help the ramp up explosively later ...
when they need to cover at closing.
when they need to cover at closing.
Too much sellers. If I am BB, will only act after 4pm and ramp up explosively.
BBs after absorbing all the flushing ....
rocket will lift off !!!
rocket will lift off !!!
Superkilat ( Date: 14-Nov-2017 14:28) Posted:
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Hatten Land brothers Edwin Tan (29.78%) and Colin Tan (also 29.78%) inside