Aiyoo only holding for one month so fast cut loss and go into pn17 counter ? Last round I'm holding mtouche for 3 months only make profit . Must be patience wait until shooting star happen lah... Cheer!
That means the new shareholder want a clean company that is the reason they doing all the impairment losses on finance assets and intangible assets one go, hope the new comer bring a brighter future for Mtouche
hamsterHuat the loses 22 millions is the money already lost , with the cash in hand and money from Esos and 10% pp shares Mtouche is still got balance 17 millions cash in hand and a bit debts only. so dont worry . New life for Mtouche just begin after they venture to testkit business.
Look at Gets global a pn17 counter qtr result loss 15 millions and also defaulted bank payment but hows the performance of the share price ..unbelievable 2 times limit up. same as KTB negative NTA 14 cents and qtr loss 13.7 millions but hows the performance of the share price up 250% , can you believe all this are true ... lol year 2020 anything can happen.
Nowadays as many youngsters have flooded the stock market with the increasing volume transactions have surpassed 20 over billions and never b4 in history , therefore currently taking into consideration fundermental alone as in the past won't really matters .
People's and investors are more inclined towards profits in investing even despite with risks factors involved. Hence , l personally have changed my strategy in investing in the stock market direction. Just have to adapt to the trend instead of putting too much concerns about its fundermental and sometimes it won't work out .
Lost making company still with shares price limiting up despite with amount of risks involved as long as they can profitted from what they have invested .
Just keep collecting la, so many positive cards lined up, it will rain more than 20 cents eventually. This stock will be one hot stock in the near term, my 2 cents
Shorttermtrader are correct...the qr is already priced in..the losses on qr is purely just an impairment loss..with 17mil in hand..30% pp is the real bargain for any investor..im keen to see the next move from the management..
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....
tangen1985
559 posts
Posted by tangen1985 > 2020-08-27 23:03 | Report Abuse
Hold until donkey years oso OK..Keep collecting