I believe so. The overall market sentiment is just weak. However, if there is a share buyback and profit continue to come in, the investors confidence will return.
Can go up further. The company is doing well and is rewarding shareholders with dividends and sharebuy back to push the price up. So it is very good buy for long term.
@Jamestan15 hahaha....yeah ...good...my preference.... IFCA ..but play with cautious...buy on dips only....don't chase at highs... also Priva...K1, CAP, frontkn...just monitor a few....play small...don't bet too much....got profit just take and wait for the next round. Don't be greedy. Thats all.
For the other shares the secret is don't chase at the peak...buy on dips only. Don't be greedy. For Systech it is keep for longer term. Systech agrees to buy back the share. So it will be a matter of time the price will slowly rise. Just be patience.
The up and downs is like a cycle...now it is near lows...good to buy and keep and wait for the up cycle. Be patience means don't simply sell at a loss as the price will rebound much higher than today's price in the next few months. Should be less than 1 year lah as company already approved the share buy back. Cannot be more than 1 year...then investors will lose confident.
up more than 10% today. Should be on the rise.. the new IFCAM? something must be pushing it since yesterday. Today will cross 21day MA. Like this it may touch 30sen soon.
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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....
desire
767 posts
Posted by desire > 2015-08-25 08:43 | Report Abuse
Can collect more cheap share today from desperate seller.