One thing for sure, this megb has a "creador" effect, while smrt does not, infact BV sold his holding in smrt, so will need to produce some solid result to rally............
Hahaa. I guess TomyamGong saying this cause he is jealous that we have too much "surplus/disposable" money to put in the dead counter. What we good at is to revive a dead counter into a gem. Same like Insas (when it is RM0.40), Takaful (when it was RM2.00) .... All this were dead counters previously.
No need to see la...if price goes down further, I'm sure u will come back to haunt us by saying "see see told u so"...trying to save u some tomyam breath...hahaha
Tomyamkong is right there is a definate sell down by big boys to manipulate the stock. Not recc to buy now. Let the Buayas finish eating and then u guy come feast on the carcass. Yes happy new year!!
well just go with the flow technically chart talk down trending so why fight it let it go until satisfied and result will be out next month anyway. If good slowly buy otherwise run lah if you think smrt business got no hope. For me still buying slowly saving the bulk for wholesale auction sale down the pits hahaha... die die lah
0.40 may be possible. If i were SMRT big boys... i would let the market goes down as much as it wants until market boring... then only start buy back. To test, maybe buy back bit bit... 1000, 1000, 1000, (I think this is what SMRT do)... ahahhahaha.
At 43.5 sen, even if FY2015 total revenue maintained the same as in FY2014 with 10% net profit, PE is just 12++...I think those who are interested can start to nibble.
This stock is nothing wrong except last quarter result shows negative EPS(-0.66), the price suddenly drop so drastic could be some insiders already know their Q1 2015 results doesn't look good.
I'm not even sure why mgmt bother to buy back since the amount is so small....unless they r trying to show the mkt that mgmt sees value at current prices.
Sorry skng74, if u checked back my previous posting u should know that I never Specifically says smrt will drop to 0.40. It was told by monezking or someone else. If u asked my opinion, I would says this counter is not worth more than 0.50. And based on the current trend, high possibility will go 0.38 and below and even if It rebound, won't be higher than 10% range. Of course this is just my view. You may continue stick to your plan. Anyway trade at your own risk.
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....
georgelimson888
87 posts
Posted by georgelimson888 > 2015-04-20 18:12 | Report Abuse
why is bluffing? and who remove my comment?