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BIO OSMO BHD BIOOSMO (7243)

0.060 0.000 (-7.69 %)

High: 0.060     Low: 0.060     Vol: 570,100 Average Vol: 19,840

last updated: 19-Oct-2017 11:21 AM

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[BIOOSMO] buy or not?

Is this stock still a good buy now?
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[BIOOSMO] BIO OSMO

This shares is expected to turn upward or bullish next year. The company has good background and strong financial stability with Tabung Haji is one of the major investor in that company. It has very high potential to replicate other profitability stock.
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This company is making bottled RO water,30-06-09 PRE-TAX report was negative(-26.7RMm).FY09,Co lumbered into red due to slow down in sales resulted from economic decline,rising costs and stiffer competition.
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I knew that loss amount. It also happens to the cash flow. The operating activities that include the revenue contributed to negative. Means that, the company's sales revenue cannot cover the cost incurred. However, it cannot be judge on sales only. They have increased in the external and internal sources to invest in the assets. The assets will be function to generate more sales in the next period. Therefore, it has potential to be more better than this year with supported by economic uptrend.
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