current performance cannot supports its current evaluation of 150 PE , sure will continue drop for some time, plus globally facing further tightening monetary policy which will affect car sales (imagine what will happen to car orders (doesnt matter ICE or EV) when the bank loans interest used to be 3+% now become 7%+ interest)
doesnt matter if there's operator manipulation, over long period if the company performance cannot support its super high valuation (which is the case rn), the price will go lower
----------- quote ------------ Stock: [D&O]: D & O GREEN TECHNOLOGIES BERHAD
1 month ago | Report Abuse
If based on forward eps 3 x 40 pe , the fair value only 1.20 , today closing 3.80 !! think about that............. --------- unquote ------ Today closing 3.37 !!!
Ringgit depreciating against USD, bad bad bad for D&O with majority debt in USD! Worse still, profits not growing as expected! Short D&O with confidence! Haha!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
NatsukoMishima
6,854 posts
Posted by NatsukoMishima > 2023-08-25 13:01 | Report Abuse
3.40 tak boleh tahan liao , insider come to support before finish dump batch by batch !