Well, i think something is brewing which i can't comprehend what is that. However, the spike is due to the UG profit was extremely good. Besides, this price the previous bottom was similiar price during MAy period which in the middle of people started to buy,
Covid soon going to be an endemic and Glove usage going to be there always. Just buy with 2 heads up :
1) good index stock 2) Good Dividend return every quarter for at least 2 years
Why do you worry if buy now? SO just buy and keep.
Guys that's totally true, sharing is good and people should take those sharing as pinch of salt. There is no point if you argue upon it. Either you take it or let it be there. Don't be so emotional. Everyone wants to earn money especially the retail investor. Trust me no fund manager would come here and start to write anything.
We as a retail investor should support each other. Well, Bioalpha indeed looks partially do more talking rather than action. Lets see in couple of days of the spike. I totally lost hope in this stock as the BOSS is manipulating the whole market.
Probably those who are still holding have 2 takes here. Indeed, the company wanted to dilute the share here and need money for expansion or some other purposes.
1) Having 0.2 price for the right issue is good as the price will not be drop further by 70% chances at least as the price dropped alot already.
2) The company shows that the mother share will not be dropping below 0.2 and if the shareholder didn't subscribe then somehow the company has too.
however, there will be drop as mentioned by sting79 yet if you believe that the company supplementary, retail pharmacy and the china contract would bring more money to the company; by all means just hold it for another couple of months before making any decision.
However, i'm still disappointment with 2 things with this company which are the vaccine distribution and why there is no reflect of higher profit from the China contract.
luckypunting has a good point there. It is important to focus on the ODM and retail pharmacy. This is their core business and once this has recovered then share price automatically would embark to a new price. Just hold it a while if you ain't using the money.
It's not about MOU can fly or not, how far has this company, HWGB EV pte.ltd has gone to setup a place for the assembly and manufacturing. If anyone can come up with this solid news then this could be a good kickstart. Those heavily invested here can do abit of homework for this. ")
The business that DNEX managing is good guys! However, we should analyze the revenue and fundamental of this company.
Here are 2 questions you guys should ask yourself or perhaps those investor invested here please help others to enlighten:
a) Khazanah sold off Silterra foundry to DNEX due to huge losses and management expertise and unable to bring revenue to the company. Besides, Silterra is consider like a "NAMA"to Malaysia that we have a foundry likewise proton and perodua in automation world. Kinda a name to Malaysia However, Do you think DNEX able to create positive revenue in the next coming quarter? Do you the die size made in Siletrra and how does it help the chip making industry?
b) Oil business, indeed they have oil service business, does this business able to sustain the overall revenue soon since they acquire a losses business which surely give profit soon but how is the direction.
If you have all the answer above then you can just park or the sell the share forever.
Very good stock for observation and going through a cycle of not getting burn as a retail investor.
Earlier mentioned that if it break 2.05 then will break way below. In addition to that, gap down shows it will break the support somehow. Those still holding can still hold let's wait and see if we are able to have support around 1.430.
Moving forward, if it breaks further 1.430 then by all means it's a call that this stock has no value anymore. Still going through the process here.
The niche isn't there for this company because relying on 3rd party to build revenue.
Don't average down guys, wait the support stabilized first around 1.430.
Guys, just an advice and i just found it that tasco has undergo stock split. The price of Tiong Nam and Tasco more the less are same.
Looking at the both side of business, you would know where to jump or still be investing. Indeed, I am holding too long here and miss 2 times the boat whenever it spiked up. I jumped here due to the vaccine news and the buying power is good.
I have already exited as incurred huge loss in other stock wanted to average down. Do your homework and i feel this counter seem like goreng. In fact, KLSE isn't like those days where you can invest in good business but these people merely just gorenging it.
Sometime, i don't get it why some retail investors here wanted to bring down on another company, just for the sake of their invested company?
1. Do they know that small investor like us will not make any difference and we are going along the stream with institutional. 2. We should be together in order to gain the profit of every counter otherwise all of us would wash out. 3. You are just wasting your energy and not gonna make a good difference. 4. I would be happy if you could contribute ideas or help in the sharing of news. Otherwise just keep quite la.
Haiz, i3 isn't the same as those days where people aint' going to another counter to talk bad. Since ever the lock down and amount of traders increase, the system pretty haywire.
Trust me regardless Zahid setuju atau tidak, that's different story. You would only see this stock goes uptrend once the boarder is open. At least, between Malaysia and Singapore. Once this is happening then you would see a big rise to this stock. Until that just stay wherever you are and hold it as if you keeping for FD. if the holding power isn't there here, the price would keep dropping. I rest my case here. :)
Indeed, it is a good company but there are equal portion of people believe in TA, for those believing in TA, the chart shows a huge bearish trend. In addition to that, a gap down formed plus huge bar of red candlestick. However, let's wait till the support is formed.
Bioalpha: To procure, disctribute Sinovac’s Covid-19 vaccine in Malaysia. Bioalpha Holdings has entered into a procurement and distribution agreement with Shanghai Bukun Trading Co Ltd (SBTC) for the procurement and distribution of vaccines in Malaysia, including but not limited to the Covid-19 vaccine developed by Sinovac Biotech Co Ltd, subject to relevant authorities’ approvals. (SunBiz)
Just wonder, i see many of you talking about Huawei started to venture with EV. How could this venture benefit to JFtech ? Does any of you got the links of their latest customer for 2021? Would be happy if any of you could share it to us.
I'm only looking for couple of week or till the earning report is out. If it is on average then i would hold for couple of week else i'm saying good bye entirely and never gonna believe ccpuan anymore in any occasion,
I would love to do a poll survey here, how much is the average price of retail investor here.
Basically, this company seems to be cash rich with no debt and there should be growth in the share price yet i hardly see an inch of the share from bottom.
On the other hand, if they had the private placement at 0.38 and i'm sure there price would be peg at 0.38 and i doubt it would go below.
I been investing in this company quite long and definitely huge loss. I was believe in them for cloud service plus JV with tencent. In fact, i saw other cloud company with their JV and the growth is tremendously going well.
I don't think so would drop below 0.3 but it might linger around there. Private placement itself 0.3, how could it drop to 0.3. I feel safe buy is around 0.4. We might get this price in a week or few more days. However, DNEX still a good buy.
Tnlogis been spiking once awhile since 2 month back, look at the chart, gonna hold to this company for thing 2 coming months or once TP reached.
As fundamental, nothing huge demand is awarded to them yet until the vaccine arrived in Malaysia, we should stay invested/observe, rightly if they ain't getting anything better to cash out and pump it somewhere.
I would suggest for those been holding long, just hold it. Indeed, it is Chinese New Year period, everyone might cash out their money or partially not active in trading. I am giving another 2 more months for this company to prove themselve and hopefully can see good result in they financial report. Anyone here, been holding for months? Just wondering!
I think it's a good time to buy if anyone looking for long term investment.
1. After the petition, i'm sure Gov would imposition the anti_dumping duties to the imports steel 2. Dividend is coming along the way just ain't sure when is that, perhaps after the AGM 3. I think steel theme is always in the pipeline for this coming months 4. Lastly, this company is a cash rich company hence; during the crunching period this company surely will survive.
Just trade along with rumours; that's all i can say and exit when you know and i know what will happens. However, i am looking forward for this venture to be complete. Loss quite alot of money here by false statements by puan. haizzz. At least foundry business can make profit here.