Present from Trump: Vol 2.
In our previous article, we mentioned that exporting counter will benefit from strong USD, As per 28/8/2018, USD is still trading at RM4.10 level which well above the comfortable level of RM4.0. As what we mentioned in the previous article, we mentioned that our top 3 counters will be: 1. Wegmans 2. Homeritz 3. Evergreen Wegmans had announce their quarter result with flying colours where BCF wrote about them after the result and they had hit their historical high today. Last week, Evergreen had also announced their quarter result which looks like quite good if compare to their previous quarter and also the corresponding quarter. However, when we look closer at all the quarters, then we feels like the result is just average only. The profit of the company is only coming back to their average level and it is still far away from its previous high and this doesn't show much growth...
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