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] 


@Daily_Discussion@TigerStars@TigerPM

šŸ’° Stocks to watch today?(22 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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:Ā 
      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.
Leave a comment