Trailing 12M EPS look great.
All FA indicators look solid.
What can go wrong? What Mr Market look so pessimistic? I believe Mr Market (BB) is seeing something that we don't.
I will wait till the dust settle down before react.
Reply to @rayng : Don't think there is anything else other than the poor results of Philips Lighting. I believe it's just panic selling following what happened to Venture & Sunningdale. The thing is both these companies performed badly for 1Q18 results, -42% and -75% QoQ respectively. As mentioned above, I do not think Valuetronics 4QFY18 (Jan-Mar18) net profit will drop more than 10% QoQ. It may even increase if the growth of the ICE sales is very strong from the printers and automotive industries.
@InvestingNote why does the above update does not appear in the latest post list?
Reply to @InvestingNote : Thanks
Trailing 12M EPS look great.
All FA indicators look solid.
What can go wrong? What Mr Market look so pessimistic? I believe Mr Market (BB) is seeing something that we don't.
I will wait till the dust settle down before react.
Reply to @rayng : Don't think there is anything else other than the poor results of Philips Lighting. I believe it's just panic selling following what happened to Venture & Sunningdale. The thing is both these companies performed badly for 1Q18 results, -42% and -75% QoQ respectively. As mentioned above, I do not think Valuetronics 4QFY18 (Jan-Mar18) net profit will drop more than 10% QoQ. It may even increase if the growth of the ICE sales is very strong from the printers and automotive industries.
wao long term investor spotted... :)