Good time for private placement if that is what the management planning as JKR money coming in July will only show in qtr report 6 months later, ppl may not have patience to wait that long.
The decrease in the revenue generation for current quarter was due to completion of the projects and the commencement of the new projects still in its preliminary stages, mean that a lot of projects revenue are yet to be calculated in current qtr. Patience will reward long term holders.
Heng Kee, i merely based on last year record whereby after major dispose, then did a private placement at low price, and major recently disposed again, so maybe pp again. Just a hunch.
All speculator abandon ship and cut loss d... This stock will start its winter sleep until July'17.
So as a long term investor, what can we do now?
Option 1: Sell it Option 2: Ignore it Option 3: Sell first, then buy back lower Option 4: Put aside first, ignore the gain/(loss) on this counter, focus on other counters in your portfolio, and monitoring the company development closely.
Not worthwhile to hold for long term in a bull market as you can use your funds to play those short term counters and come back later. That's what I have already done after holding it for so long. That's my views and guess everyone shd have their own strategy/ies.... well high risk high return or low risk low return..... what are you looking for. Noted that many counters with good NTA even may not move up....so have to join in the rally but must know when to move in and when to get out only.
Absolutely right. I loss 18k+@0.185 , must have discipline and know when to cut loss and move to other good counters which perhaps can minimise your losses. Mbsb is a good one.
From past year record, 16 sen is a good buy. Maybe the last opportunity to buy at 16 sen (if it get that low again) before JKR money come in on July and really turn the table.
AK2899, if your exposure to this counter is very minimum, then you still can buy more. But for me, it already exceed 30% of my portfolio, no matter how much confidence i had on it, I cannot top up anymore. I still have long journey to go, cannot bet my future on 1 stock.
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Jarex
28 posts
Posted by Jarex > 2017-05-19 19:08 | Report Abuse
also need to know who are the management team