cannot deliver means canot deliver. dun ceive urself. talk result before mco la, then mco affecting operation la. all sorts of reason. drop back to 80sen, then I consider ok
gemfinder lol typical ignorant person in a denial. If that's the case please explain why Top Glove keeps going down even the QR result is excellent? Anyway, U wanna wait for 80sen be it. I don't think it will drop below RM1. If it is, i'm gonna sapu all and wait for the next limit up.
There is some panic selling today. Believe me, I wish I was wrong yesterday. Agree that rm1 is too low. Maybe 1.10-1.20 is a good entry with a slightly higher margin of safety.
after the q1 result, it's the best time for sharks to goreng. now the price will go down ad low as 1.20. then they have 3 months to goreng. this company is fundamentally strong not a penny stock and falling knife won't happened. Just buy low and keep. It won't shoot up to RM2.00 but with their new business prospect and riding on covid19, I think RM1.70-RM1.80 no problem.
That's the importance of listening to both pros and cons of a company. Cannot just cherry pick the good news and tell other ppl with different views to keep quiet
Almost went in this week until I did my own calculations. Based on Q1 profit of rm4 million, assuming they close on rm20 million profit for 2020, their eps is 3 sen based on 643 million total shares. That amounts to pe ratio 20 = 60 sen only. Just applying the kky way to assess the stock.
If applying PE ratio 20, then it's 60 sen. If PE ratio 30, it's 90 sen. That's how IBs will assess the value of the stock usually unless they know something else we don't.
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....
ktrader
1,898 posts
Posted by ktrader > 2020-06-26 09:56 | Report Abuse
Falling dagger?