This appears to be a strategy employed by fund managers. After Notion Vtec successfully turned around and delivered strong quarterly results, many fund managers were caught off guard. To avoid missing out, I believe they used short-selling tactics to hedge against a potential price drop. Once the price dipped (as it did last Friday), they could cover their short positions and begin accumulating shares at lower prices. It's important to note that Notion Vtec currently has limited fund manager ownership.
@ chiepin1 I buy your story. Situation aggravated by shorties and syndicates trying hard to push it down Here's some facts Esos and warrants could dilute earnings but after looking at the size the impact would not be significant. Fundamentals remain intact the sell down is due to possible forex loss and not due to business turnover. For FY 2024, the 3 Qtrs to-date already earned 9 sen per share. The 4th Qtr is likely to achieve 4 sen per share making it 13 sen per share for FY 2024. Going forward 2025 EPS should be around 20 to 24 sen. But HLIB and Namura pegged a PE of 30 is a little too high. A lower PE of 20 will give Notion a fair price of above 1.80
Overall there will be profit for business operation but the profit is affected by forex. Share price is affected by cash upfront from securities, short selling and most important sentiment. Future is bright due to demand from data center and changes due to 5G and ev trend. Time for self accumulate or helping other to accumulate.
one broker House has put margin Cap on Notion---Big fish holding Notion & Genetec has to Dump either one or Both. If other Stock broker House make Call on limiting margin Acct, Friday is another Dumping Day. ( 3 days to Top Up Cash---Friday D day )
Having said so, my hands r itchy now hoping can make some chicken rice quick trades on rebound play
Anyway also worry that I may become the second Hng33......mau curi makan cheap cheap nasi ayam ended up sponsoring abalone or lobster meals to the Boss
always SPM / street syndicate Wins in goreng scenario. Our PHD investors is too into Charts / PE and other economics jargons usually Ended up in the bottom of Trap and can never be released in this Life-time
Notion & Genetec overplay by Form 5 syndicate. Selangor expects another 17 Data Center by 2025---But who are the real, real beneficiary----Always remember Notion Cannot supply AI Chip for Data Center. So Data Center are just Properties Development ...Long term suppliers to DC are TNB and Air Selangor (water )
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....
Ravi Kumar
3,635 posts
Posted by Ravi Kumar > 1 month ago | Report Abuse
Taking a breather until more clarity is best