Learning To Invest
ITRONIC: 3 Reasons You Should SELL it NOW!
investor2021
Publish date: Wed, 24 Feb 2021, 09:50 AM
1. Latest Quarter Earnings Jump Is Not Going To Repeat Next Quarter. This Company made RM
3.6m profit in a quarter, but RM5.0m coming from "Other Income". In short, without that Other Income, earnings most likely to turn into net loss.
Go verify it here:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3130949
2. Substantial shareholder selling. Check out the details here.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3131002
3. Share Price Has Surged A LOT. Share Price has surged from 9 sen to 58 sen now. That's 6 times increase! OR 544% increase in 1 year time !
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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....
Insider Forecast
Your reason is nonsense. This is 5g company with making profit. It doesn't matter how many times the price increased, it is depend on the potential of the company. And gov announced toward 5g now. Don't try to misleading people and grab lower price.
2021-02-24 13:06