balvin71Lucky I cancelled my bid at 4.64.....Now wondering how low can go before collect back....was tempted to buy at 4.50, but now must study first/watch first.
The One •Tomorrow another round.. EPF also selling.. somemore Friday (a.k.a. Sell Day).. be patience.. monitor and buy on weakness.. gudluck a!!
balvin71Wondering if will go lower than the recent 52 week low or drop below 4.00???
JunichiroAxiata has USD borrowings. Might incur forex translation loss like IOI.
balvin71Like that better don't touch first until got direction.....who knows, might go to 3.00
JunichiroThe telco sector has already been hampered by gomen policies. Extracting huge amt of $$$ in the form of spectrum fees means telcos have no more bumper dividends to give. Coupled with intense competition, telcos would probably see minor growth rates. Over the top applications have seen the demise of SMS & calls as income for telcos. So, there is really nothing to be excited abt telcos, be it Maxis, Digi or Axiata.
If the funds push telcos higher n higher, in the end they will be left holding the baby as no investors will pay a high price considering the situation now.
The One •Me agree. Nowadays me never use sms and seldom use normal mobile calls anymore. Usually use apps like Whatsapp, Viber, Skype etc bcoz they are free and can make calls, send messages, transfer photos, videos, docs etc.. and just need 3G/4G.. but seldom too bcoz free WiFi is available almost everywhere..
thinkndoI am waiting to see....is a downmax. ...still...Unfortunately I dun have bullets to average out if go down further....so have to play xtra cautious lo ...
Zea XGP/E 20+ is too pricy... drop to 3.50 first then only see
JunichiroThe last low is abt 4.10. But it does not mean that u just draw a trendline n expect the market to obey it. Markets does not behave like that. Trendlines can be broken easily.
xexloneWEBE vs CELCOM......MAXIS standby mkn popcorn!!!!!
JunichiroWith so intense competition, it is not easy to fix Celcom.
The One •Next Monday and some on Tuesday will be force selling days. Monitor and buy on weakness. Have a happy weekend everyone.
balvin71CEO say DPR below 50% going forward. So if in FY2017, no profit, means no dividend in 2017. Dividend funds will continue to sell. Those thinking of buying, better be careful. Funds might buy to 'show' stock has bottom out, than when buyers line up, they will dump. Happened a few times today and yesterday. Just be careful.
Junichiro"Funds might buy to 'show' stock has bottom out, than when buyers line up, they will dump."
Agree. it happened many times since last year. I was lucky because I cash out fast. They assume ppl will buy when MACD hook up. Then when ppl are busy buying, they would sell their wares.
chamloRevenue latest QR is record high but why loss also very high? http://klse.i3investor.com/servlets/stk/fin/6888.jsp