Wake up all.... Alibaba play is game over!!!! Jack Ma fever is fading away into thin air....... next week will have big correction for those alibaba theme counters.
Patience, next wave Efficen will go up. This stock has ZERO-DEBTS. CASH RICH = RM 51.8 m , Retained earnings= RM 84.8 m. The company have bought 5 parcels of land in Bandar Baru Enstek, Seremban to build facilities for storage of digital documents. Basically, this company helps to have a paperless statement. All storage of documents are done digitally.
Being cash rich, Efficen cares for the minority shareholders by giving out dividends worth RM 12.055 m in April 2016. Zero- borrowings, sitting on abundant cash, the company is now looking for assets to buy and invest.
well I profit take at 0.41..even though not at the day high..enough already. will wait for another round dip...but it might continue on uptrend from here..
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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....
jaxco
10 posts
Posted by jaxco > 2017-03-29 15:37 | Report Abuse
As Singapore Post currently on lookout to exit for those not bringing any fruits....it may consider to exit efficient totally...