At current price, market cap only RM213mil, perfect for major shareholders to take privatize the company, especially now the cash from insurance claims itself already almost 40 sen or more!!!
Haha thirdeye, I hope you have the thirdeye vision. Maybe you are right, the share price is being pressed down by dealer from UBS & AMS by selling just 100 units or few hundred units at the buyer price whenever somebody takes the seller bid, this is to prevent the price goes too high which will make their offer price higher too.... just my guess.
Haha ... have you guys given hope on this counter? If yes, then that's the time it will fly higher & higher and that's time you curse yourself why sold the share earlier.... BE Patient mates!
Haha ... so do I, knowing that this is a turn around stock, after recovering from their fire incident, a little quarterly is acceptable and not a big concern. Once the new plant and machinery put in place, coupled with orders from new customers, we can expect good profits ahead. Hope for more information come this 6th March AGM. Cheers.
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....
moneykj
6,141 posts
Posted by moneykj > 2019-01-10 11:10 | Report Abuse
Not bad