2morrow may be a good and fine day to enter SD if the prices drop further. High risk always comes with high gain. It is worth to take the gamble as I personally think SD will win with this case. Relax, keep calm and wait for the results in a couple weeks time. No point to argue for the sake of arguing bc none of us are insiders. Pls don guessing around and fight like crazy dogs.
Someone is trying to promote Insas here as he is holding some shares there. Their remarks and comments here are trying to kill Serbadk as he have no shares here. .Black-hearted people and like to see others suffered and dead ! sadist If Serbadk is in faults and share prices tumbled, who will suffer? Of course the shares holders here. Or they're trying to collect cheaper shares here. .....lol. What I understand here is that they're are just guessing around and not involved here. Are they SB or KPMG top management staff? .....lol.
If KPMG is doubting the amounts in the receivables, then they will surely loss up in this fight. They are not aware that receivables is usually very high in marine oil and Gas sectors as I was personally involved in this type of affairs. Some of the bills settlement and discussion will take months or years to finalised and agreed upon. Sometimes even a small marine repair yard in Singapore can incurred f millions sing dollars a year in receivables..
If you are not involved or working on this audit issues and not from SD or KPMG, why are you all so free to comment and wrote so much rubbish here. All of these just a guessing games right? What are your motives to put up so much guessing games here? Why not just wait and see the final outcome?
Did all the wild guessing for what? It's just plain time wasting...lol. Stop putting up rubbished suggestion and comments here. The following messages from Fintech for you all to think and analysts and give a good opinions and points of view. 1) Why recently fintech boss need to come out and defend their innocence in all the recent shares scams?? 2) What is their motives to do so ?? 3) What are their next moves and target ??
All are talking rubbish ! Is there any rules in Bursa that a lost money penny stock can not limit up and a money making company can not limit down. Go and find out yourself how many counters are having this type of unusual trading patterns in Bursa. WHY Bursa don't take actions on all these counters but only to few of them ?? Why ??? Anybody has the answer??
To fight with short sellers. We push the shares up all the while and when they try to push down we hold. Let them play aainst themself and end of the game they all dead. Short selling is a dirty game and very unfair to minor investors.
Major shareholder disposed their shares (not 100 % sold. They still holding some ), because Alcom shares is too little., so they sold to the operator more shares at the same time made some profit out of it. When the operator got more shares they can fool around with retailers like you and me........hahahaha. Just my guessing. No offend.
lol....this counter can use chart for indications ?? You will surprise when it suddenly pop up 20 sens and then all the sudden go down 30 sens....lol. The bear and bull are tight together in this counter now. No clear indication. One fine day the boss might decide to privatise the company...who knows.
From what I understand, GLC and DNEX still hold and wait for the Biden's China policy to announce silterra acquisition as Dnex JV is a Chinese company. If Biden stick to Trump's policies, then JV with China chips maker will stand a risk of sanctions imposed by US. Then the selling of silterra to DNEX serve no purpose.
When Silterra is under GLC and why they can't perform?
Just look at Silterra's bosses. They are all politicians and bankers. One is don know about business and another one is legalised loan sharks. They are no a good business men at all. How to made money ? Business need marketing.
Now DNEX is a private company and the boss Dato Sye is a able boss. He will steer the company to a profit making company.
GLC have to sell off the company because politicians can't handle business well. If you have doubt, pls look at all the GLC companies , even they're monopolise business, they still lost money ? Why ? You know I know, no need to explain too much.
JAG made money in 5 successive qtrs. Why they still had to do pp and can't givie any dividends ?? Is that funny right. What they know about solar power ? They're just a karanguni cun software company. Can they compete with Solaris or cypark for solar power?
PublicInvest Research Author: PublicInvest | Latest post: Fri, 5 Mar 2021, 9:38 AM Target Price: RM0.630, RM0.660 Last closing price: RM0.575 Potential return: 9.5%, 14.7% Support: RM0.560 Stop Loss: RM0.535 Possible for sideways breakout. IWCITY is staging a potential breakout from its sideways channel. Corresponding RSI and MACD indicators remain healthy while trending sideways, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.605 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance levels of RM0.630 and RM0.660.
Hooi369 , bahai, distribute bonus or dividend is not something good for small shareholder like us...most of the profit/dividend earn by company will goes back to main shareholder....not me or you...may be we just get 0.0001% from the dividend distribute by company...
************ Hooi , I not totally agree with your opinion. For a goreng counter may be you are right. For mid-term and long-term, divididend is not just only a token to the investors but also reflect the company is fanancially healthy and sound. You can report you company make billions of profit but the profit is utilised to offset it from your heavy debt and cash flows, hence most of this type of company can't even give 0.0001 %.
I don choose particular counters with good dividend but dividends can give me confident in case I get stuck or hold up there. For example I invested in Dnex after they show some improvement in the qtrs (before November) and get a very good gain from them. Did you see any of the Jag big bosses come and put some show in the press. They sent only gunners....lol.
I try Jag, they make money but they made private placement by renting a pc of land to invest in Solar power plant to collect more funds. I have doubt about their PP intention ? Collect funds to ease their cash-flows or to pay debt? How good is Jag in solar power technology ? Can they compete with Cypark or solarvest ?
I don know what is their bossess' ideas and thinkings ? If I am the boss I will invest more on karanguni business by buying or JV with more karanguni companies.
Anyway, I already sold all my shares and waiting for 0.25 +/- to come back. From what I understand so far Jag is just a techinical trading counter and not a ideal long-term counter. Just my opinion, no offend. ,
Hooi369 aiseh got a lot budak pandai here....continuous three quarter earn money still consider bad r? haha...dunno what happen if let him lead the company... 24/02/2021 8:59 AM
Someone said continue making money is a good company, wahhahahaha. Zero bonus and price retracted wahahahaha. This is the the first time they did it ....The next move for the Jagung management is to use the profit to invest in something that they are not familiar with and ask for one more time PP to collect more funds...I think they cash flow is bad or debt is too much...if I'm not wrong.
Only a so so qtr. result with copper ore is in the uptrend , nothing to shout about. I'm expecting more than that. I always have some doubt about the management of this counter. Tomorrow 4 sen up or down??
My opinion JAG is neither a good investing nor a good trading counter. They lack of cash flows and all the while need PP to fund themselves. Hence investors will get nothing in returns like dividends or bonus issues. They need to pay theirs debts. For traders , this is an old man counter infected with covid-( half dead ) counter. They may move abit up then go back to the starting point again or below. This happened many times...lol. Good or bad qrt result meant nothing to this Karanguni. History shows you that ! Let's hope tomorrow JAG is not going to turn back to 0.275 again....lol.
Anybody traded in the counter London Biscuits before ? Auditor resigned and every year business reported made money. Ages looked a bit similar in this case . Be aware. Trade and invest with care. Money is hard earned not easy to get anywhere. Please take note silica sand is cheap staff and not necessary to spend a lot of money in logistic to import sand from Malaysia. Ask them to show the proof and clarify that they have the licence or permit to export sand out of Malaysia before you joint in as a share holder.........lol.
Folks don listen to others' sell / buy calls , just note down the info. they wrote in the forum. Money is yours, win or lose you alone are going to face it....lol. I look at Dnex in a different new version from last time. Now they have a capable leader Dato Syed Zanai and a good.management team of whom eagerly try to steer the company into a right and prosperous future development. My opinion , Rm 2.00 and above is not a dream at the near future (within this year)....!
In Bursa storm before the bright light always the case. I do think this time is no exceptional . If the drop is persistent I add more....lol. Nothing to lose...and wait for the surprise. In coming qtr result will be a profits making qrt as nothing is missing so far, unless the bosses want to pocket the profit only for themselves....lol.
Why so scared ....lol ? You all in ? Only about 20% down from 1.80......lol. I chipped in at 1.62 and hope this is a good buying. Tuesday will rebound, don't worry and sleep well..lol. Btw still can hold for a few months if you can...JFTECH will give you a surprise...lol.
Never never under estimate ikan bilis , when they are in a shoal they can stir up waves ! Who ever can see the future they get rich faster. But if your fail you gone. Follow up and dump gradually you are forever winner. In this world only winners will survived.....lol. This world is full of up and down. Most of them you can't notice them. Beware.....trade with your own risk.....lol...cheer...
1.30??? You think JFTech is a lost money or properties company?? ...lol. Semiconductor and chips + high tech testing product maker and on the way to upgrade to 5G products. A fundamentally very good counter with very low debt and high cash flows. My opinion JFTech trading at 1.70+/- still looking cheap.
I have the same opinion that this counter is undervalued below 2.00. Just joint in today. Dont mind to hold a bit longer here as the company is making money all the while and dividend is a token. Dividend meant this counter cash flow is healthy, Am I right ? Cash is always king, can hold and can attack any time you like....lol.
Hahahaha ...Waiting for this counter to turn into diamond , I think I will start to eat their sand sooner or later....hahahaha. Just dream........ A fundamental strong counter but only worth 0.130 ....lol. Somebody must be kidding. In at 0.125 and runnnnnnn fast fast at 0.135, wasting my bloody time here. ... anyway cheer to you all guys here. Happy CNY and best of luck.