...........congrad to SOLUTN buyers............... despite the RM20million order book it is somehow will rebound lu......... No need to buy just monitor and observe it. Too risky for to bet as per advised by ALexofb2b and Harvard57. Do not think of fast money from this counter. And must cut loss when goes down to RM0.120.
Dear Alex and Harvard, please share with us should you have updates or analysis about that. I am very keen to learn from you. Thank you very much in advance for the kind sharing.
Aiyo. Told you all already lo. This company got solid fundamentals. 20m order book. Let's say profit margin is 30%, that's a 7m profit to the group. Enough to bring the PE to a single digit
Now everybody know how good solutn in fundamental....the share price will move higher by matter of time.....be patient and always do homework for this counter behaviour....hepy trading everyone
Seem like solution engineering a must buy company. Almost lowest level. Good entry point at this moment. Thanks for yours fellow members advice. Thanks
Itronic sold down the counter in spite of knowing record orders received in Q1/14. Sth is fishy. Nevertheless, bottom margin is not that huge. Can go for it.
Looking at the financial statements, this company shud not be and cannot be at the present market price of RM0.135. Got to be a lot higher than that. It has a good balance sheet. Can be considered a debt free company. Extremely minimal bank debt/loan of only RM 0.8 million whereas the bank fixed deposits etc is RM11 million.
Aiyoo too late to buy Monday d Bro. Monday u prepare buy at least 0.150 Told you all to buy last week no one wanna listen. No more selling pressure industronic clear all their shares already . Pass to another syndicate to play already.
Vis, mnc and itronic all dead counters already. But this solution has a good future. If not also a good story for another goreng. You think syndicate kena force sell don't want revenge ah? Now they purposely sell industronics shares to another party at cheap price to benefit that party lo
ANy idea why SOLUTN up little little everyday? Dont tell us you are part of the syndicate? U advise(never force) people not to buy and you probably wanna buy at low price to sell back to us at high price? We are waiting for you call, Mr Harvard57. Please advise us.
never trusts to other when things come to the goreng n investment..it's in ur own judgement.put n run at the point u r aim.someone is reading and take advandtage here.keep it low kwsp.
The price today shoot up / high volume of buying queue probably due to: i. Too much selling pressures last week. ii. Those contra players T+3 ended today, big sharks are collecting tickets now. iii. The good news about high orderbook announced last Friday.
HI vincentteoh, I do not see any big queue to sell in all prices. Just normal only.
MERAHMILANO......we susah susah to help but people wanna make kelam kabut here like coming comment one then quit and read silently.
DAVID Lee, very hard to explain here. IN short do not apply common trading behaviour in extraordinary counter. As you see SOLUTN it supposed to press down all contra ticket today but mostly the case different. If KLCI good later. THis SOLUTN can shoooot up tiba tiba before 11am.
From my opinion. Hit and run everyday the best until you wanna have extra money for betting.
blood wil continue to flow whn brokering houses who hv bin badly burned start to reduce d margin % for tis counter for their margin accounts, if not rejecting it outright as an acceptable security.
blood wil continue to flow even more when d broker houses start to impose "cash upfront only" condition on tis counter.
buying will dry up..
n as SC and Bursa hv started investigation on tis counter.. which new syndicate dare to touch Solution???!!? ask urself
The edgeMalaysia today about aolutn is more or less the same as last Friday. But, it did mention the drop has not recovered fully yet, after closing unchanged 0.135.
If you have no confidence in the counter then wait till the end of trading day. If it holds it's uptrend amid the bloodbath seen in other counters, then the potential for rebound is high indeed.
I personally do not think there is much more downside at this stage. while the other 3 counters have continued to be sold down, hitting limit down more than once (vis), solution have held quite firmly at the 0.13 level. My suspicion is that if not for the general bad market sentiment it would've done alot better given the news released on friday. And one must also not forget that the big selldown for solution is at least partially explainable by the selldown of Itronic's stake in solution.
Again, trade at your own risk. Do your own research and if you're comfortable buy if you're not then don't.
to own 5% share i guess u need to have 7.5mil. Does anyone know how to calculate it exactly? coz i calculate based on itronic owned 32% (54mil) last time.
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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....
bangonluck
1,360 posts
Posted by bangonluck > 2014-05-02 17:09 | Report Abuse
@FAST_5 Do you know what contract is that? I am more concern about the profit margin of the contract. No point getting huge contract but losing money.