kisord

kisord | Joined since 2021-12-17

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Stock

17 hours ago | Report Abuse

With a huge loss of nearly RM87 million in the last quarter results, even the usual constant share support of the CEO has gone. Either he is out of funds or out of guts or possibly both. He has tried hard to give support but to no avail. The share just keep dropping like gravity. Hard to believe that it can go so low to only half a sen. wow, it is one of my worst investment ever.☹

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3 days ago | Report Abuse

this is like checking into Hotel California.😢

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5 days ago | Report Abuse

I never imagine it can go to only 0.5 sen if I want to get out. 😢 so what to do next ? Average down my cost by buying some more or just throw in the towel.😵

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6 days ago | Report Abuse

Now can sell only for 0.5 sen only. what a huge loss.😢those who bought 10 years ago at 10 sen is suffering a huge loss. investing in gold mining is just a fool's game. Cut losses now or wait for another 10 years.

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2 weeks ago | Report Abuse

does it make sense to cut loss at this low level ? Shouldn't one double up and average down the cost. It is unlikely to see a Sarawakian company to fail with so much monopolistic powers. It just need some decent management to get things right again.

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2023-07-19 15:40 | Report Abuse

cmsb might soon have no monopoly on cement a few years from now but cmsb still is still very much undervalued at RM1. No need to panic, just have patience.

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2022-07-15 14:51 | Report Abuse

All around me, People said every thing is going up in prices. I said not true. The ringgit is going down in prices and so are the stock market prices. So relax la.

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2022-07-13 10:11 | Report Abuse

just hang in there, bro.

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2022-03-15 13:02 | Report Abuse

collateral damage from SD ?

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2022-03-15 15:13 | Report Abuse

Unfortunately I had entered the trap too earlier and now cannot escape from its vortex. Just a caution to fellow investors who don't have the lifespan of Aquaman.

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2022-06-10 22:56 | Report Abuse

This is a gigantic cockroach trap. If you enter it, you will need Superman to drag you out. The bait is just too tempting. If you have the lifespan of Aquaman, maybe it is worth the wait.

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2022-06-15 15:30 | Report Abuse

I guess all the warrants will most likely go to zero eventually as more rounds of new shares via private placement or ESOS cannot be ruled out. So it is prudent to just get back whatever money you can by selling all your warrants now and if you still have faith in the company's future , you should just buy the ordinary shares with the proceeds.

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2022-03-24 10:51 | Report Abuse

The stock has been dropping for a while and I guess most of the investors are losing money now. Need more patience perhaps.

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2022-03-24 10:48 | Report Abuse

interesting, May I know how you know about RSS and PDTs short selling in this counter ? What is the cumulative shorts now ? Thank you for your guidance.

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2 days ago | Report Abuse

This has to be one of the most promising companies in the KLSE for the next few years. Most of the crude oil deposits in Malaysia are located in Sarawak and now that Sarawak has mostly taken back its mineral rights from Petronas, it could mean huge business potential for local Sarawakian oil servicing companies instead of West Malaysian Malay owned companies. The local Sarawakian people finally has their own opportunities to benefit from their local resources. No wonder the MD came back on board last year. I just don't understand why its share price has been dropping to this low level. Few believers yet, perhaps.

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2022-03-07 16:40 | Report Abuse

At this valuation, is there any pride left ?.

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3 days ago | Report Abuse

could it go back to RM1 again this year ?

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2022-02-07 10:15 | Report Abuse

thanks for the explanation.

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2022-02-15 16:28 | Report Abuse

Why on one propose a resolution at every agm to have the company wind up and distribute the proceeds so that the full value of the NAV is fully realized?. Any legal obstacles to propose such a shareholder resolution at agm ?

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2022-02-04 09:54 | Report Abuse

with such a big discount to NAV, why no shareholders or groups of shareholders ask to wind up the company and distribute the proceeds of NAV back to them ?.It just required a shareholders meeting to do so. Why are they still holding on for so many years and still sitting around doing nothing hoping for what ?. Ignorance ?. Or just plain indifference ?. If they are really interested to get the full NAV instead of the much lower market price now, they can't wait for others to do the work for them ?

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2022-01-24 18:22 | Report Abuse

still overvalued like all the other tech stock. have some way to go before it is fairly valued.

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2022-01-24 18:18 | Report Abuse

just hope they will not do another pp again.

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2022-01-18 11:41 | Report Abuse

more sellers than buyers perhaps ?.

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2022-01-04 16:54 | Report Abuse

what if they do another PP after the expiry of the current PP ?.

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2022-01-02 18:01 | Report Abuse

Might as well since IGBB is worth more dead than alive. It will cut short the agony of the long suffering minorities.

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2021-12-31 10:51 | Report Abuse

Hopefully IGB Bhd will wake up in 2022.