Please be cautious when you are buying Perisai.Do not just base your buying on Investment Bankers` analysis.You should also pay attention to the actions of the Perisai Directors all these while.No doubt we can consider it as a growth stock for it has been ploughing every cent that it earns back into the company`s growth.My question is why is it that only minority shareholders have to grind their teeth and make do with no dividends and have to bear the risk of the fluctuations of the stock market while the Directors have become filthy rich even though they too do not receive any dividend payouts.The simple answer is: (1) The Directors get ESOS priced very low below the actual share price; (2)Some Directors get compensated handsomely for injecting their privately held assets into Perisai through cash as well as stocks priced very much below the market value (RPTs).(3) On top of all these, Perisai has to pay out goodwill for acquiring privately held assets.All these observations of mine actually drains money out of the Perisai coffers at only the expense of the minority shareholders.Why should we be suckers by bearing all these burdens while the Directors have become filthy rich by trading in ESOS and RPTs. What happens to your capital in a massive downtrend? You guys will have to wait a life time if you are lucky to recover your loss while these Directors have already recovered their capital many times over through ESOS and RPTs.I sold all my holdings in the recent run-up and will only consider buying in if the stock price comes closer to its latest ESOS which is priced at 78.5 sen.It brings no joy to the minority shareholders for the company to make massive profits but the profits is eventually used to fund RPTs and heavily discounted ESOS.Give my observations a thought my friends.Good day to all.Cheers.
you're a smart chap chokra. good stuff. i don't think the majority here understood a word you just said though - you need to incude the words "shark", "big player", "eat small player", "hunter", "goon", "goose" or "hen" or someother creature like velociraptor to connect with these "playerz"
I was actually referring to the Additional listing Announcement dated 12/06/13 where it was stated that 45,000 units were taken up at 0.785 sen. I guess I wasn`t referring to the latest announcement dated as 25/06/13.Thank you for the update.
based on Kenanga's research chart analysis , Perisai is moving towards 1.70. PERISAI is on track for a rebound, having confirmed the bullish “Hammer” reversal candlestick. Furthermore, Stochastic is showing some improvement and has crossed above the signal line. http://klse.i3investor.com/blogs/kenangaresearch/32185.jsp So perisai is still a buy at 1.57
Based on my trading experience with Perisai. When u see price dropping for few days, just closed 2 eyes n buy in . When near recent high just sell n take profit..
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....
ncm6116
37 posts
Posted by ncm6116 > 2013-06-21 10:46 | Report Abuse
Just shoot(buy) at 1.58...wait for green army come in...