christy20 
10 posts |  Posted by christy20 > Nov 24, 2020 10:14 AM | Report Abuse
bro,,,how come quarter result is good but today price is dropping ya? |
Starship2
10 posts | Posted by Starship2 > Nov 24, 2020 11:41 AM | Report Abuse One reason could be it is not covered by analysts due to its relatively small size. Bpplas has a market cap of roughly 298m compared to teguan's 1.1b and scientx's 6.4b But value wise i feel it is a good stock to hold.. |
Lyo82
356 posts | Posted by Lyo82 > Nov 24, 2020 2:43 PM | Report Abuse Profit is staying firm QoQ, balance sheet is solid and clean as always, no doubt on management quality.
However I think revenue growth is a concern for Bpplas. When their product price is lowered yet the sales volume does not increase, it probably means the plastic market competition is really tough or they don't have the pricing power.
Besides I think they hold too much cash, now aldy more than 1/3 of total equity. If no proper planning for expansion, they should declare better dividends. |
