EDUSPEC regulars, RM12 Million shares traded today. Massive profit taking by contra buyers today but price closed off the low of 5 sen to settle at 5.5 sen.
TA wise, uptrend is intact. Higher high of 7.5sen and closing price today of 5.5 sen is higher than yesterday's close of 5 sen. Keep the faith and stay on course guys.
Yes focus Healthy today no worry Someone say operator need to make money first before us. I agreed . Today operator made a lot of money for them to push tomorrow.
As long as the fundamentals of the company are in good shape and you are not short term players then you shouldn’t worry much........only those contra players will worry now
This counter Edu to sleep well must buy with your own money and hold. No need to panic over small comment and profit taking. After AGM and EGM tomorruw b8g possibility big local and oversea institutional will start accumulating . All they wait is when the directors is reelected
A moving-average crossover occurs when two moving averages each based on different degrees of smoothing cross. Such a crossover can be used to signal a change in trend. For our analysis, we look at 10 day SMA and 50 day SMA. The trend is bullish when the 10 day SMA is above the 50 day SMA,
welcome offspring........we are here to make money, make friends and not to make enemy, Life is short, treasure friendships while making money together.
If one were to describe Lim Een Hong (E H Lim) in three words, it would have to be passionate, focused and wise.
CEO of Eduspec Holdings Berhad switched hat from a practicing lawyer to an entrepreneur in 2008 when he took over Dynabook. “I am a focused man. I always know what I wanted, and I go for it.” Here is someone who knows the power of the heady combination of passion and focus. And judging from his impressive leadership with Eduspec, that personality trait has obviously paid off.
But why education? “Education has always interest me. I guess it could be because I am a parent, and my children’s education has always been a focus. I also find it very gratifying to play a role in educating the next generation especially the younger ones. Anyone who has been in the education line for the long haul can tell you that it’s a very satisfying industry to be in.”
His passion for education is tangible. Usually soft-spoken and composed, E H suddenly speaks with rapid speed and eyes lit up when he talks about his vision for the K-12 industry. “My vision is to institutionalize the K-12 education. I see a gap because the industry is fragmented, and no one has taken a look at it as a whole. I see an opportunity where I can fill in the gap and bring value to the industry”.
........
"FOCUS ON THE ONE THING THAT YOU ARE PASSIONATE ABOUT AND GO THAT EXTRA MILE. THAT EXTRA MILE IS WHAT WILL SET YOU APART."
We are unique because we concentrate on forming long-term relationships with the schools.”
Last .... To unwind E H finds it important to maintain a balance in life. “I make it a priority to spend quality time with family because they are important. It’s hard to excel in life if you don’t have solid support from family.” E H also believes in taking time out to pursue his interests. “I read widely. I read about philosophy, religion and anything that interest me. I am by nature a curious person. I also love traveling and photography.”
Above is our CEO... I say OUR CEO as we also part of Edu Spec.
Very important is the person who will lead Edu Spec in many years to come.
Approval is one thing but the ex date will still be months away. Syndicates will still have plenty of time to play you investors in the game of roller coaster. Today they have already distributed huge amount of shares between 0.06 to 0.07. Hence there is no rush for them to push up and let those who chased yesterday and today escaped. Today's volume of 190 million is the largest in the last few months. Large volume with price down normally associate with market top for this round. You will see large force selling in the coming days.
They will play chicken with you fellows. Meaning they will be playing ninja trading or hide and seek tactics. That means at times they will key in 50,000 lots on the buy side and then suddenly pull out the order. Retailers will panic and will star dumping to the market. After they created panic in the market they will again key in another 10,000 lots and then slowly increased it to 40,000 or 50,000 lots so as to boost confidence. Later they will again pull out all the buy contracts leaving only probably a few thousand lots in the buy side. Again retailers will panic and start dumping their shares.
This bone shaking exercise will go on until most weak holders sell out and start F**KING the syndicates. That's when volume drop to the lowest. That will e the best time to push up the share price because there will be very less resistance from retailers selling. When the share price start surging, they will again unload their holding that are bought at a much lower price earlier.
This exercise will go on like a loop until they unload most of their shares. Then they will thank all the retail investors and will wish 'SAYONARA' with love to all investors of Eduspec..
Thank you . eye opening indeed. After Syndicates say Sayonara ...
Then we welcome institutional investors. Currently I am doing research on institutional investors criteria for investment in listed company. Will shares soon ... of course it will relate to Edus Spec.
See horizon longer.. Hold and ride the wave till end of year .... what really.. it just 4 months aways.
We already wait for 3 to 4 months ... what is another months.
Don't be silly. Formerly I was from the funds industry overseas. Funds either local or foreign WILL NOT buy a single lot of Eduspec shares. They have investment SOP based on prudential investment policy. Fund managers don't simply buy on their whims and fancy. There are guidelines to follow and if the fund is large enough they need approval from the Board. Their main criterias are:
1) Market Cap of the target company (at least RM 500 million) 2) Liquidity of the target company 3) P/L for the last few years of the target company (profit last 5 years) 4) Dividend payment policy of the target company (consistently pay dividend) 5) Future prospects and plans of the target company 6) Risk/Return based on Value at Risk of the company and so on
Thus, funds buying into Eduspec is a non event. As of today the whole market cap for Eduspec is only RM 59 million. What if a fund the size of RM 5-10 billion (consider small) were to buy into Eduspec? They can easily buy 29.99% of the company shares without triggering a takeover offer by the SC. But the problem is how is the fund going to liquidate the 29.99% without killing the share price?
How is it going to declare bonus/dividends to their fund holders if they are not getting any returns from Eduspec since it has not been declaring dividend for umpteen years?
Ho are they going to charge their management fees of 1-3% per annum if the fund is making losses?
Anyway ... it has been good productive and friendly sparing .... thanks all who commented today. Each has different view , goal and target. I must congratulate those who have profited.
All advise and comment has their rightful place. Most important is not who you follow ... Most important is follow your achieve target profit. You achieve it you get it and move on to other counter....Like what CKSAM said.. understand how the operator work... then you can drive Ferrari... not be driven by syndicates.
For those who continue to stay.... hold ... I will shares more progress of Edu Spec as it come along. I go for free warrants , wait for the contract to be announce and of course re-election of directors.
Meanwhile ... price ... is important .... but secondary.... profit taking usual lah and one more next quarter result ...
Chart wise pointing at 10 sens and more. So decide tomorrow
You all should actually look for export oriented industries. With the Ringgit trading at 4.188 today, i reckon it will break the 52 week high of 4.20 soon.Remember just a few months ago Ringgit was trading at about 3.95. And with the depreciation of the Ringgit to 4.188 today it represents a 6% gain in the USD.
Thus any exporting industry like furniture, rubber gloves, semi conductor and etc will stand to gain 6% extra profit from the exchange rate. 6% is consider a lot if your turnover is over RM 100 million a year. So, it is a no brainer to invest in exporting industries and wait it out. If Ringgit drops further then the gains for exporting industries will further increase.
Sooner or later there will be a hype on export oriented theme. Investors will be rushing to gobble up their shares.
are you sure you're from a fund industry? or u merely selling mutual funds part time? have you not seen the latest foreign flow figures both both local bonds and equities?
trade war sentiment? and you promoting export based counters?! Heightened expectations of further U.S interest rate cuts and u say USD/MYR
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....
Xiiao Lok
40 posts
Posted by Xiiao Lok > 2019-08-08 16:55 | Report Abuse
faizal ,u so annoying lah