relax bros.... solid company... solid quarter reports... this is just panic selling... grab it at low, and sell it at high... that's the game we're looking at....
Many people won't invest well because if price lower and lower.panic seller including me will do wrong decision so me still under this tough process.oil will break 27 and goes to 25.
The agreement will allow the E&E companies in the supply in Malaysia to enjoy lower tariffs and have better access to the US government procurement. "Stronger trade secret protection and liberalised cross-border data flows would positively boost investor confidence to expand high-technology manufacturing operations and research and development (R&D) investment in Malaysia."
if u sold your holdings yesterday, u will cry soon as MYR is actually yoyo like the oil price, 2016 and 2017 will be yoyo years so keep your shares la, no worry, dun simply transfer your wealth to others, might as well I give you my account number, you transfer your money to me then I treat u a good meal...lol
Comfirm by insider news, Genetec loss about 5 million in Q3 and report will release soon . Sell now if not u will get burn . support at 20 cent then 17.5 cent.
According to inside source, my uncle is a fund manager, he said the quarter result is very good. I have another uncle who is a rubbish collector, he said the quarter result is very bad. Which uncle to believe ?
According to inside source, I myself is one of the external auditor whose firm passed the Genetec quarterly accounts Ending Dec2015, he said the quarter result is loss making and lower revenue generated Who you choose to believe, me or TanDavid88?
The answer is TRUST NOBODY here! anybody in this forum also can claim they have insider source. ZZzZZZz
Another trap from rumours, seems likely to be the same with Hevea case. Lots kaki kena these round. Cut if you not comfortable. Buy if you feel comfortable.
Any substantial even incurred during the period is required to be disclosed in Bursa, that's the requirement from securities commission (SC). Failing to comply, penalty will be imposed.
I notice there is a substantial amount of share being disposed of share by substantial shareholder of Gentic (KVC). If there is a event lead to loss and something being hidden by the management them not to disclosed while disposing their share in market It's consider as Fraud.
But on my view, I believe that genetic will not be making few million of losses unless the revenue fall dramatically or the cost of production increase drastically or the worst insufficient of provision bad debts or the Genetic derivative loss very substantial or goodwill impairment exist. based on pass result. the margin of profits was considerable consistent at 9%-13%. Foreign exchange doesn't really benefits to Genetic as last Q2 there is a provision 5.8 million of unrealized derivative loss hit to performance and the gain is only 2.8 million. Net loss (3m) on foreign exchange.
Anyway, Just to share my view, Please do your home work see whether to sell or buy.
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....
Darren Liaw
72 posts
Posted by Darren Liaw > 2016-01-23 01:39 | Report Abuse
30cents before CNY!