For sure result of megb wont be good. Acquisition just done one month back. We will only see the result in next few quarters... Sale and lease of the megb's property will generate cash enough for future operating expenses and planning... So dont be influenced by the current result.. anyway smrt still has management fee from megb with min of rm 125k per month.. Thus have faith and wait a few quarter...
Some technical observations...it has rebounded from an oversold position. MACD also turning green for nine trading days. Let's see if it can move closer towards its SMA30 in the next few days or week leading up to Q1FY2015 results.
Looking at the volume, I don't think we will see uptrend any time soon, unless the Q1FY2015 result is superb. Even that may not sustain uptrend because I believe many r waiting to unload at better prices.
big time throwing by a couple big players... why? bcz in my shortlist, I'm seeing some huge selloff in a couple of shares... or is it the fking 1MDB shit again....
Alpha Trader 1415 posts Posted by Alpha Trader > Jan 15, 2015 08:20 PM | Report Abuse
Is normal for bv to cease as he has conflict of interest with creador holding megb and smrt holding megb as well, so anythg creador on megb do will indirectly impact on his direct investment in smrt, thats why a sell down is necessary
Remember ifca? He sold down ifca at 50cents and has since double, smrt could be another one if u are able to hold for another 4-5 months, with pro elt, tp 1.20-1.30 still intact
Alpha Trader 1415 posts Posted by Alpha Trader > Jan 15, 2015 08:22 PM | Report Abuse
Remember brahmal always didnt sell at peak, he could have sold down smrt when it moves to 94c, but because of this acquisition, he have no choice but to remain low profile, brahmal sold down scicom at rm1, sold down uzma , sold down myeg at 2.60 before bonus
yongyou 1828 posts Posted by yongyou > Jan 15, 2015 08:26 PM | Report Abuse
Bro Alpha Trader, good to hear from u again. If that is the case, I better hold this. I was about to set sell @.855
"Alpha Trader Is normal for bv to cease as he has conflict of interest with creador holding megb and smrt holding megb as well, so anythg creador on megb do will indirectly impact on his direct investment in smrt, thats why a sell down is necessary
Remember ifca? He sold down ifca at 50cents and has since double, smrt could be another one if u are able to hold for another 4-5 months, with pro elt, tp 1.20-1.30 still intact
Alpha Trader 1415 posts Posted by Alpha Trader > Dec 8, 2014 06:00 PM | Report Abuse
Take a look at latest financial report, their revenue jumped by quite a lot from education, but margin decreased because they actually did alot of marketing and paid alot of one off agency fees, so going forward, their profit margin will keep increasing, and next quarter result would be making at least 2cents per shares
Alpha Trader 1415 posts Posted by Alpha Trader > Dec 8, 2014 06:04 PM | Report Abuse
And 2015 will make at least 8 cents for whole year, if got Pro-ELT, then it is close to 11cents, that is ridiculous P/E of 6.5x! have not included any acquisition benefits from MEGB!
optimuss 1322 posts Posted by optimuss > Dec 8, 2014 06:08 PM | Report Abuse
thanks alpha trader. u make me laugh until laosai la. so bad.
Abudance 1988 posts Posted by Abudance > Dec 8, 2014 06:11 PM | Report Abuse
Alpha. . It's a drop of 10 sen d ... As BRAHMAL take profit also, you should also think abt taking profit too ... If you got buffer and later buy lower.
optimuss 1322 posts Posted by optimuss > Dec 8, 2014 06:12 PM | Report Abuse
still in denial. hahaha
godbless88 1311 posts Posted by godbless88 > Dec 8, 2014 06:15 PM | Report Abuse
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....
esl_22
1,719 posts
Posted by esl_22 > 2015-05-03 11:36 | Report Abuse
I guess Q1 report out in May.