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2019-01-16 20:17 | Report Abuse
Huge profit in a short investment time horizon for Vulture Fund that accumulated at the recent low of 0.65 ! Crisis = Opportunity.
2019-01-16 20:06 | Report Abuse
It was perfect opportunity to accumulate at the recent level of < RM6. The Casino business will always be profitable as the House Always Win ! It is just the level and amount of Profit that they will achieve. Crisis = Opportunity. Even FGV that dipped below 0.70 recently would have reward brave Vulture Fund that bought in and would be making > 50% in a short investment time horizon !
2019-01-16 19:58 | Report Abuse
Fantastic opportunity to accumulate and hold when the share price dipped below RM0.55 recently. It will still be cheap buy at current price of RM0.60 even in this current challenging economic environment as it is involved in Insurance business. Of course, painful for those that invested > RM1 level. Crisis = Opportunity.
2019-01-16 19:52 | Report Abuse
Zero Gearing/Borrowings and good fundamental Company. High Cash (Is King) position of RM200m plus with good dividends. Ever increasing Cash position from Quarter On Quarter. Highly profitable export company and dipped in Revenue/Profit understandable in current challenging economic environment and towards tail end of product life-cycle for the main Customer. Main Customer will definitely continue to place reliance on tried and tested Suppliers for new innovative products. Good and fantastic entry level when the share price dipped below RM1 recently due to irrational selling pressure.
Stock: [FGV]: FGV HOLDINGS BERHAD
2019-01-16 20:19 | Report Abuse
Trading Opportunity only as it is not a fundamentally strong Company unless all the recent restructuring/KPIs proceeded smoothly.