EForce's gross profit margin is consistently at 60+% level and it is a net cash company. I suppose that's why it deserves high PE. Its stock price was ~RM1.60 in beginning of year 2018, it has dropped 50+% YTD without any change in its fundamental. I suppose its stock price would climb up gradually to close the gap.
Many stockbroking firms/investment bank subscribed to the services from this company. If this company make less profit then it is because we do not deal/trade so much with the stockbroking firms. Should be a good company that making comfortable profit and growing further.
Just like someone had said that if you knew many people is dealing/walking in and out of this bank, then you should invest in that bank.
no wait iwantberich u must buy and keep before 12 Sept not 14 Sept.. buying eforce mother share on 14 sept will not grant u anything but the shares that u bought
What makes it goes to RM1? - it stays on 50 moving average -ma 3&10 started to touch each other to initiate bullish movement - to climb back to the previous price before the GE
Come on together eforce team! We are on the same ship~ :)
In years to come. artifical intelligence will replace most activities of humankind. Imagine the increases of profits due to lesser manpower and etc. Don't you all get it? Eforce once implement the AI, all the Remisiers and Dealer can say sayonara to this industry. Only IT can stay behind to manage. Close eyes money pouring in life no tomorrow.
if we want the price to reach rm 1 then the retailers have to stop selling at the lower price. Don't let the share price drop back into the ichimoku cloud otherwise it will be very difficult to climb back. Hold your shares and force the shark to buy at the higher price. This stock need to close at least at 0.725 for it to skyrocketing.
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....
jasonchong113
34 posts
Posted by jasonchong113 > 2018-08-28 10:09 | Report Abuse
congratulation friend