Do the math,
illiquid counter when you have to sell in volume, price would be sacrificed

So buying KY counters has its dangers

He has 6 mil shares to sell...but so far no change in majorshareholder notice

Have a good trading month

Hahaha but let me even up the coin

If it break 7.00 its likely to go 8 to 8.50
Technically

If not its 6.50 then 6.00

Please don't let my negativity deter you.

Examine it yourself and decide...

It's a cyclical business with ever changing competition. What's happens if the Chinese devalue again or a recession occur in U.S.? Or even a global slowdown?
what if the oil rebounded and our exchange rate goes up with it? Or change in Malaysia leadership...
nothing last forever, what goes up must come down and vice versa.

Unwise to buy things at their peak prices...

Hahaha
Anyway, that's my humble opinion and not necessarily correct.

Is the exchange rate to be the same year after year?

This might happen.

Management might ignored minority shareholders until it can slows collect for MGO to take it private. Right now there is no shareholders sweeties until minority shareholders grows tired of them and dumped them.

Yes, circa 80++ Eps for 2016 is possible with their USD account and earnings but if they keep it to themselves, its bening for the minority shareholders thus its not worth the risk for the 7 ringgit price.

Besides 2016 could the height of earnings and downhill from there

Maybe between 5 to 6 ringgit

Should not buy this shares until the shares price is bombed out and reflective of the management inadequacies

Overbought. Get ready for profit taking....

Lets put it this way, the management is interested in themselves and not shareholders pov thus it should be off investor radar.

Find a better shareholder friendly company....

Well, a lot of dissatisfied investors.

The trend nowadays for the past 2 weeks is to sell down and prop up the price by 1 or 2 shares.

Explain that...

Even if you buy, it would hard to sell....

semi Chinese firm
Taiwanese.....need to be careful>

sold down but prop up by 200 shares

should just sell down to 6.50........then 6.00

without any RM depreciation, they are not impressive at all....

cheap for a reason, price not moving at all

management is not dynamic

cant even decide to give dividends with full year results.

typical chineseman...want to drag you

also look at their payables

next week........!!!!

buy! 1 Half eps 3 cents
Prudent 2 more cents for 2nd half,
that's 5 cents PE 10 = 50 cents

backed by MMC

x wing formation.....? hahaha

Bullish now

More to come....:-)

If annualised 64 cents PE10, that's 6.40

Everyday heavy selling

Indications of not good results....
Eps 16 cents only last Q

The worry is only if the accounts are fool proofed

It might be the cheapest but it is also the worst furniture counter also.....dynamic it is not

Actually that's true also. The management drags their feet in announcing AGM and dividends. Any reason?
Or they are actually slow motion.
investment at circa 7.00 per pop can be divested else where....
that is very true

Somebody wants out.
Yes. Everyday distribution

Perils of an illiquid stock
Sign of
Forthcoming results might not be good

Dumping volume high today....why?

Think he meant scared differing views

Looking fishy...a company with record earnings with no dividends?

Think today is the breakout day.....

Just put your queue there...hahaha

Plenty for you to buy soon....

I see dissatisfaction growing and more people giving up....hmmmmm

Very careful operator....

Nice

obviously there is a whole circle of corruption at the top. Question is how to get rid of them?

Think it will move by next week

Can the sharks absorb 6 %?

High volume but prop up by 1,000 shares. Seems like passing of shares to 3rd party to goring..?

Possibly the push will be next week

I think it's accumulation

bullish

More given up

worth at least 40 to 60 cents....cheap

backed by 28 cents cash...good risk lah

Please sell to me@5.50....

Wonder what's holding back management in unlocking this value?

sorry latest retained earnings 271 mil. foreign currency reserve now 40 mil, cash 170 mil