The price is conered by big boys. You can look nto the top 30 shareholders list and also the shares distribution how many shareholders controlled 99% of shares.
when you see even just their NAPS and ignore all other facts, its already enough, there are so many red lights blinking all over the place if got market price RM1 I will maybe buy
stockraider: thats what i said in the article (hope you read it until the end), i dont see any "bright future", but still the target price, even when i try to be optimistic about their outlook, in my calculation simply doesn't even get close to what others are expecting, or pretend to expect
maybe they will fly to mars with Elon Musk one day, open a few shops there and write a nice financial report from there under influence of toxic gas there
the st goreng: I really dont know much about his funds and dont care, even if W. Buffet invests in mrdiy, I will think he got dementia already and will never touch MRDIY on these crazy levels
but whoever think mr diy will fly to the moon, ok they can hold and hope for the miracle
overed, cornered, mistake, caution ... most definitely. unconscionable esg-failed licensed fin sharks have analysts and traders manipulate to report boosted non-cores amid prolonged abysmal Nims.
I did not realized their director has "Bachelor of Aeronautical Engineering". It changes everything, it means MRDIY can go to the moon/mars with Elon Musk!
hey when company got no scandal it is willing buyer willing seller price. If you thing so expensive dun buy. Many think Mr DIY is a household name like 711 so they value it higher but over time with more competitors coming in then Mr DIY stock price will readjust.
alenac: my intentions are more for people which are not aware its expensive, they buy only because professionals advice them so with crazy target prices, or they buy simply because they are shopping at MRDIY often and believe its a good business - with which I can agree somehow, but not with the current market price There is no single successful investor who ignore fundamentals - again I point to W Buffet & P Lynch etc. Lot of was written on this
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sslee
6,663 posts
Posted by Sslee > 2021-06-12 12:39 | Report Abuse
The price is conered by big boys. You can look nto the top 30 shareholders list and also the shares distribution how many shareholders controlled 99% of shares.