Hi guys,
Today we will learn a lesson how not to chase an overvalued hot air balloon stock
Our subject is Solution (0093)
Let's see 52 weeks low and high of Solution
| 52 Weeks Range: | 0.045 - 2.00 |
Lowest was 0.045 sen on March 19th 2020 & highest was Rm2.00 on December 7th 2020 when it touched Rm2.00 for a whopping 4,344% gain!
Amazing feat
But is the price rise justified by fundemental or ernings?
We shall show none at all. Only an exercise in futility to holland
Why?
Answer:
See the core of Solution
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Sep 2020
|
30 Sep 2019
|
30 Sep 2020
|
30 Sep 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
5,288
|
4,873
|
12,209
|
13,670
|
| 2 | Profit/(loss) before tax |
577
|
235
|
322
|
-98
|
| 3 | Profit/(loss) for the period |
577
|
309
|
322
|
-24
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
416
|
262
|
83
|
-156
|
| 5 | Basic earnings/(loss) per share (Subunit) |
0.14
|
0.09
|
0.03
|
-0.05
|
| 6 | Proposed/Declared dividend per share (Subunit) |
0.00
|
0.00
|
0.00
|
0.00
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
0.1244
|
0.1228
|
||
Above is the latest quarter earnings of Solution
It has revenue of Rm5.28 millions
A tiny profit of only Rm416,000 or 0.14 sen
Its net asset value is only 12.4 sen
Such a tiny company with so limited assets could earn more than Topglove or Supermax?
So there is strictly no fundamental
What about the earnings from Cansino?
Oh yes
Let us sen how far the price has run ahead of all "EXPECTED PROFITS"
Let's go back and work out the sums
To go up from 4.5 sen to Rm2.00 means a price rise of Rm1.95.5 sen profit
How much would that be?
The formula is this
195.5 sen divides by 0.14 sen multiply by Rm416,000
= Rm580,914,285
YES TO JUSTIFY PRICE GAIN OF RM1.95.5 SEN SOLUTION MUST EARN RM580.9 MILLIONS FROM CANSINO VACCINE SALES (IF ANY)
IF IT IS THEN
SOLUTION IS THE SUPER STOCK OF THE DAY
CLAP! CLAP!! CLAP!!
IF NOT?
THEN SOLUTION COULD MEAN
THE SOLUTION FOUND INSIDE THE PITCHER PLANT
ABOVE ARE PITCHER PLANTS, BUT DON'T EVER GO INSIDE
WHY?
SEE ANSWER BELOW
AIYOOYOO
NEVER LISTEN
ONCE INSIDE THE SOLUTION WILL SLOWLY DIGEST THE INSECTS
SO LISTEN! LISTEN LISTEN!!
DON'T LEAVE ANY MONEY INSIDE SOLUTION
OR ELSE ALL KENA DISGESTED BY THE SOLUTION
BEST REGARDS
Calvin Tan Research
Singapore
All information provided here should be treated for informational purposes only. It is solely reflecting author's personal views and the author should not be held liable for any actions taken in reliance on information contained herein
NOTE: WHAT IS TRUE ABOUT SOLUTION IS ALSO TRUE ABOUT BINTAI & YONG TAI
(THESE ARE ALL PITCHER PLANTS TO BE AVOIDED!)
ADDITION
In MALAYSIA MANY THINGS GOT GOVT CONTROLLED PRICES LIKE SUGAR, RICE, EGGS, CHICKEN, FLOUR & OTHERS AS WELL AS MEDICINE USED BY GENERAL PUBLIC
SEE PHARMANIAGA HAS BEEN SOLE AGENT FOR GOVT HOSPITALS
Pharmaniaga Bhd is an investment holding company. The company through its subsidiaries is engaged in manufacturing, marketing, and distribution of pharmaceutical and medical products. The company's principal activities include manufacturing of generic pharmaceuticals, logistics and distribution, sales and marketing, supply of medical products and services and hospital equipping and and trading and wholesaling of consumer products.
YET THE PROFIT IS SO LITTLE
SEE
SUMMARY OF KEY FINANCIAL INFORMATION
|
|
INDIVIDUAL PERIOD
|
CUMULATIVE PERIOD
|
||||
|
CURRENT YEAR QUARTER
|
PRECEDING YEAR
CORRESPONDING QUARTER |
CURRENT YEAR TO DATE
|
PRECEDING YEAR
CORRESPONDING PERIOD |
||
|
30 Sep 2020
|
30 Sep 2019
|
30 Sep 2020
|
30 Sep 2019
|
||
|
$$'000
|
$$'000
|
$$'000
|
$$'000
|
||
| 1 | Revenue |
624,804
|
716,849
|
2,090,488
|
2,104,847
|
| 2 | Profit/(loss) before tax |
4,093
|
3,885
|
49,299
|
46,609
|
| 3 | Profit/(loss) for the period |
1,294
|
376
|
33,316
|
29,286
|
| 4 | Profit/(loss) attributable to ordinary equity holders of the parent |
1,442
|
481
|
33,820
|
29,379
|
| 5 | Basic earnings/(loss) per share (Subunit) |
0.55
|
0.18
|
12.94
|
11.26
|
| 6 | Proposed/Declared dividend per share (Subunit) |
1.50
|
0.00
|
10.00
|
8.50
|
|
AS AT END OF CURRENT QUARTER
|
AS AT PRECEDING FINANCIAL YEAR END
|
||||
| 7 | Net assets per share attributable to ordinary equity holders of the parent ($$) |
1.3200
|
1.2900
|
||
Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:
| Country | Base Unit | Subunit |
| Malaysia | Ringgit | Sen |
| United States | Dollar | Cent |
| United Kingdom | Pound | Pence |
SEE WITH OVER RM620 MILLIONS IN REVENUE THE PROFIT IS ONLY A MERE
RM1.44 MILLIONS
SO THIS SOLUTION IS TOTALLY OVERVALUED TO THINK IT CAN MAKE RM1.95 TO MATCH ITS PRICE SURGE
THE MAJORITY OF PLAYERS IN SOLUTION WILL END UP LIKE THOSE CHASING IFCA FROM 7 SEN TO RM1.90 DURING THE GST HYPE
LATER IFCA CRASHED BELOW 50 SEN
SEE THOSE WHO CHASED IFCA IN EUPHORIA?
AND CLICKED LIKES IN IFCA?
SEE
Ting Choryam, Bryan Lee, Jaafar Hamid, 十 强, Rachel Yi Xin, MilkyTrich Chia, Benzi Gwee, Hussain Daud, Eli Chow, KaYen Ooi, Billy See, Jack Ong, aidilwm2, alex35, anthonylow, AyamTua, bakar2389, BenLee, Blackpanther, blchew1973, CANI9906, catcat, chiakgs168, Count3, crazy127, ericio, Fosterrrr, Garyyap, geekwai, georgeck, godbless88, hepitrade, huntchua, jasgrafix, jeand, jennifer88, keng88, kentg03, lctay81, lemontea, Littlefield, melvinha4134, motomoto, Orionpacific, ozzie75, pan91282, pjtang13, questzmak, shidayea, shtan88, smallfry8, sstan8010, StuartLeong, SYEE, Ting32, TwinkleStar19, Uz2015, kiman 70, wubwub
OF THE ABOVE ONLY A SMALL HANDFULL STILL POST IN i3 FORUM
THE REST GONE RIP WHEN GAME OVER
SO MANY HOLDING SOLUTION WILL ALSO GAME OVER ONE DAY
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-15-story-h1538221666-Why_Solution_is_now_very_overvalued_should_be_sold_immediately_to_prote.jsp
