I jus got chance to go through d financial position of systech... D balance sheet is very healthy where d co has net current asset almos 9 mil and cash balance of 7 million... damn gud... very liquid...Non current liabilities only 1 million plus... Some more d latest qr report recorded income and profit up by double... Should not worry at all s d business is expanding where d cash flow showed d expenditure for r&d... Means something is cooking...
@Humble: learnt from Youtube. Welcome any comment to learn. :)
Man1: It is remote at this juncture to assume that IFCA and Systech are 'twins' as I see two different business bases between them though both have their success stories to tell currently. I would prefer to draw a distinction between both and keep my eyes on the macroeconomic factors and ongoings of the Company, be it here or anywhere.
Because dsonic's days are over . It's price is still very high if you convert back to price before bonus and before split . Now is time to buy other stocks .
Today is a very good buying opportunity...everyone selling...but volume is little...and cannot drop much...everyone waiting to buy cheap. Today O&G coming back due to stabilize in oil price...market is good...tomorrow sure fly...
Systech very slow and easy today.. contra players forced to sell cheap...only long term investors are not afraid...a good profit making company will grow stronger. No need to worry.
3 unsuccessful times for a stock to beat the wall of 0.395 and coupled with quarterly reports were already out, the future of systech price is temporarily uncertain?
It is not a loss making company...it is not a company without fundamentals...no reason to sell and make a loss just because a few jokers started selling...just see the volume is too thin. Those who buy now is the smart ones.
Price go up -> some people (eg: richkid) will comment say how good their prediction, ask to hold don't sell Price go down -> some people (eg: richkid) will comment say contra player sells, fundamental very strong, buy more as it is cheap
Objective is quite clear to ask people to keep buying for SOME REASONS, and those ikan bilis followers blindly follow
Already advise must extra be-careful of those comments, as this stock already reach a level of uncertainty (it can go up but see your fate, and it can go down dramatically temporary)
Already advise spare some bullets to look for other stock like "KNM" with higher short term potentials ... but still got so many blind followers trapped here due to those comments here
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humble
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Posted by humble > 2015-02-08 00:31 | Report Abuse
haha great job ozzie! you got it half correct! =)