@stockbreaker no TP la bro, sell as u wish based on your personal target like wat fishingleg said. My personal target would be 0.125 to 0.13sen, just wan make some coffee money only. If i were to know that there's few waves coming n hv sold earlier and reentered, i can gained two times d, but still who am i to forsee the future. Janji dont chase high.
most short term investors here dont really look into what M3Tech is doing. In their effort to turnaround, they diversified out of mobile value added services and rolled out the i3 series as well as partnering with Indonesia's giant telco company to supply T-bikes. T-bikes is basically a tracker device to track stolen motorbikes. The mgmt has shipped 10,000 units of T-bike to their Indonesian partner during 4Q17 which I think is yet to be reflected in its earnings (not sure how their payment terms are set) The overall value for the agreement is RM53.23 mil for 285,000 units of T-bikes which will be fulfilled over the duration of 2 years. So 10,000 units will yield an approx 1.86 million. The mgmt is also looking to expand the tracker device to Thailand somewhere in this new FY. Not forgetting the i3 display is also currently been used in all Tesco and Perodua branches while i3 Teamworks is slowly gaining recognition among the SMEs. However, Pakistan is still their major contribution of almost 70% of revenue. Also take note of the recent JVs with NetX and MNC to develop the payment gateway for DFTZ (it's something worth taking note although things have not been materialized yet). So taking all of these efforts into consideration, do you think this counter is worth a shot? U do the homework. The key point here is still patience and holding power. Dont end up like that whining loser aka contra player Mr Zoom.
M3 14.5c. W 6.5c. Expiry 2018 Aug. conversion 10c. Virtually very low gearing. Very unusual for a "projected growth & transformation" stock. What's the story?
I wouldn't comment buy mother or W. It's more important to play along the trend. Whether mother or W, if you go in at the wrong timing, the retrace is painful especially if you play contra.
Nothing is for sure, those say cannot 0.12, now ? What you say is not important because it doesn’t affect the stock. Those behind running the show, yes. Be wise, say something constructive and if is no good, make your point so everyone can share.
此一时, 彼一时. Don’t believe too hard in pass record high as that time, may be the shark friend got nothing to do, or a deal, all in and put on good show. They also can’t predict or target, they too follow the crowd but only in steering position. See wind sail ships so to say. For personal, if u think u make enough, just sell and take your money. Leave for a while. No one can set olympic record everyday. But, they can or might set the record again and again in number of years. So, if u see it too short like a day or week or month basis, your judgement will not be accurate. For long runner, no need to say, they understand. For contra kaki, which l did previously, after 1 year count and count, lose money. I believe many have this experience and the story should be same as mine.
So, try it yourself, find a previous counter which u buy and lost big and u know it is low now, buy little bit, keep it till it up. U should see result
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....
Sniper86
516 posts
Posted by Sniper86 > 2017-10-06 12:18 | Report Abuse
Zoom mana zoom? Still got tears left to cry?