Bought KGROUP mother, WA & WB. Invest for a long term (1 to 2 years). I believe it will bullish next year. For now let it rest & accumulated. Buy in red...
I admit this is a PUMP and DUMP company. But we are now at the accumulation stage. So don't worry. Just like an investment you need to put money and wait for it to be ripe before selling. So what is the point of selling now if it is not ripe? Keep it because next year it will fly to the sky. Only 4 sen how much more can it drop tell me?? Why panic and sell now when you can now go and enjoy other activities with your family, go vacation, without the need to monitor this stock 24/7. Come back next year. Don't waste time here with 0.05 sen changes and shout sell. If Kgroup is so lousy, why is it going into E-commerce? Why is it still acquiring companies? Be patience. Investing is like planting a tree. Now it is not ripe yet so don't pluck your raw fruit and cry mama.
Go and read the history of Alibaba. How they suffer..? How they nearly go bankrupt? Every company will got its ups and downs story. Kgroup now looks like Alibaba last time when it is at the lowest...because it is starting business....it is starting up. So it needs money. Give it one or two years, when E-commerce in DFTZ becomes matured. Then you will see the value in Kgroup. Now less talk. If you have no confident just sell. For us, we see the value and will be invested for long term. After all if they bankrupt we only lose 4 sen.
Hahaha... You gotta be kidding me, if I assumed it's gonna be dropping, why would I still spend my money on this..?!! It's better to put it in FD obviously, low return but sure return even for 3 months.
It's always been realized, been saying that long time ago... If not why you asked and I quoted:"polycarp: So I see. U so smart. What are u going to do about that?" You got knock on the head?!! Hahaha...
I think no point selling now. Less selling means syndicate cannot get any cheaper price. They will then forced to push it up. If everyone continues buying and selling at a loss now which is what is happening, syndicate will still happily collect. Wait till the volume is zero...then they will start pushing it up. Bear in mind the ESOS is priced at 5 sen. So they are happily buying now at a lower price from weak holders who still intend to play contra at this dead price of 3.5 sen - 4 sen. Go for a holiday and come back only when the volume is high and the price rebound.
Only people having extra patience can stay in this counter.Invest a bit here is ok , 100 lots only a few thousand ringgit.I agree with the idea from Buy1sell2 .
MULTIPLE PROPOSALS KEY ALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION (II) PROPOSED BY-LAWS AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
long term EPS would be nice coz less share number. but previous also show it mostly will drop dramatically. haiz... hope Monday can up one bid tominimize my losses
66 millions market cap is consider low if compare to its peer. If the company wants to pursue their current project with Anzo and DFTZ. They would need to fund at least 250 million market cap. I dare to speculate that they are eyeing on Rto or acquisition by foreign company.
Certain company have regulation and guideline where they can't acquire share lower than certain price. Normally, penny stocks under certain price are restricted by most institutions.
Classic case is hubline....many subscribed rights issues at rm0.01...thinking limited downside...then 20 becomes 1 n share prices plunged fm 0.20 to 0.06.....all went holland
I got see it drop....but didn't warn them also....some even want to average down....that is dangerous thing putting more money in this counter just to prove himself right
This is a new trend for ace market. Share consolidation..... some give good return such as mtouch.... some bad like Asiabio. But good more than bad..... you conduct research and identify the future opportunity before make the decision. A lot of emotional comment.
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....
newrookie
612 posts
Posted by newrookie > 2017-07-12 10:57 | Report Abuse
Bought KGROUP mother, WA & WB. Invest for a long term (1 to 2 years). I believe it will bullish next year. For now let it rest & accumulated. Buy in red...