Icon8888yes sifu tkp, I agree with your view, that is why I dare to buy. Whatever it is, looked like the price has reached rock bottom. Whoever that wants to sell has probably exited. I think it is quite safe.
furthermore, palm oil and Indonesia are recovering. These are their two major source of business. I think the group has reached inflexion point. Potential to make money if we are patient to hold
tkp2this is my next big counter to earn 6 digits profit, loaded quite a lot already, waiting for the good QR to sailang.
Icon8888oh, surprise to hear you so bullish about this stock
lets wait and see. wish you all the best
I am cautiously optimistic
btw, year end is near, planning for my trip overseas
Auckland ? visit KC Chong...
tkp2haha, ya ya, I am planning for Europe trip again this year, going to spend gua gua shopping, 2016 have been a very good, hihihi, Johotin-wa is like a big year end bonus for me
tkp2this time play son, also play mother, same story, play until enough then dump to sochai paperkatak
tkp2just need a good quarter to push the mother share, warrant run 400-500% no problem, this is another super warrant recommend by Icon, last time we played Johotin below 0.2, no body interested, I have a feeling this is 2nd johotin-wa
tkp2paperkatak, please continue to make stupid comments here, so that 2-3 months later we can make fun of you
Up_downDropped so low liao....buy a bit to bet for better QR.
Icon8888Buy and keep. Nobody knows when they will report good profit. But I like their line of business. Not every body can set up shop to distribute engineering products. You need certain technical skills and takes time to set up distribution network. Furthermore the products are used for industrial production. There are always some demand for it.
tkp2Despite the index up 1.4 points, but there are 594 counters in red compared to 224 counter in green, market sentiment is really bad, luckily I took profit for most of my counters (especially Johotin-wa) beside Unimech, now sitting with 70% cash waiting for the Unimech QR in 1-2 days, if QR is good, will average up and sailang in Unimech-wa.
tkp2As for today, Unimech volume hit 6 months high (buyer > seller), breakout MA 20 & 50, very good sign, best of all, this stock is quite safe as it is still at bottom.
Icon8888Yes, the stock is quite safe. Whether can go up a lot or not we don't know, but I think downside limited loh
Alex Lim Jun XiongMarket sentiment is not good, everyday a lot of counters drop. Icon8888, what is your opinion on prestar?
Jon Choivotkp, isnt the premium for it abit high, the warrant.
Jon ChoivoBtw icon, one thing i want to learn from you guys is, how much do you guys usually buy each round? 1-2% of portfolio? because each time i buy, i tend to buy too much or too little, that trans fee kena.
Icon8888Alex I stary away from steel. No good reason. Just avoid them since last round burned by Lion Corp
Jon Choivo"The year 2016 will likely remains challenging as there is remain uncertainty which is the greatest threat to the world economy at the present with the fall in worldwide crude oil price, escalation of costs due to inflation, volatility of global steel price and fluctuation of exchange rates."
With OPEC reducing oil output by 1.5mil barrels a day, oil prices should go up. I guess our downside is now covered =)
tkp2ya, don't worry, won't drop wan, just wait for another quarter, park aside first.
Olgai removed my previous statement.. shouldn't talk like that of me..
well, unimech a prudent management team.. ceo is a very hardworking man.. the current economic climate is the cocern, this is out of the hands of the management.. but everything is under control.. debts are well managed. just it's a race against time due to its iculs. i do like unimech a lot.
TSH is plantation company, great last 3 quarters, don't see how final year any diff. As its a subsidiary, 100% of the profit or loss is already consolidated into TSH accounts and the acquisition of company is below book value, so its only going to increase the value of TSH.