iceflower
2022-07-29

$Argan(AGX)$


Bet on this?[Doubt] [Observation] 


Primarily operate in the power service industries segment through its wholly owned subsidiary.

It operates in 3 segment - power service, industrial services, and telecom services.


Fundamental analysis[Silence] 

- revenue and net income adj increasing trend but reduced in last quarter report

-roe (adj) reduced to 11.6% compared to 12.29% last quarter

-diluted EPS reduced to 2.23 from 2.4

-total debt to equity ratio only 0.0019

-fcf from positive to (-)29.48 with reducing CAPEX


Technical analysis

-overall is a downtrend[Put] 

-price dropped below ema 200 since Nov 2021

-currently above ema5 for more than 1 week Streak


Things to consider

-do you think it's Fundamental background still good with the reduced earning report last quarter?

-can it break through ema200?[Pitiful] 

-short term wise is increasing trend[Call] 

Will you bet on it and earn some fast money then run away?[DOGE] 


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Comments

  • JC888
    2022-07-29
    JC888
    Which segment contribute most to Total revenue? Energy prices shootg thru roof, no benefits from price hike? Wld u buy 19 shares of this or 2/3 shares of TSM (example only), u need to knw yr strategy
  • hh488
    2022-07-29
    hh488
    Maybe can buy a call option?
    • JC888
      Is it a gd idea to get into options without a clear backgrd on stocks? Ice flower like newbie. Of course I mayb wrong...
  • HilaryWilde
    2022-07-31
    HilaryWilde
    Looks like AGX deserves my attention. Thanks for sharing.
  • EvanHolt
    2022-07-31
    EvanHolt
    The development of the electric power industry is still very stable.
  • PandoraHaggai
    2022-07-29
    PandoraHaggai
    The macroeconomic environment has not been hospitable to stocks
  • ElvisMarner
    2022-07-31
    ElvisMarner
    I wouldn't buy a stock in a downtrend.
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