fund managers hammering the stock regularly to collect low which already mentioned many times, ikan bilis/herd is panicking to release their ticket cheap as always...manade sudden? when the herd is aware/shock by the upward momentum...too late already like today...
syndicate is always there to manipulate, do your homework, buy when the price is well below its intrinsic value, and then hold, dont goyang here and there when they pump/dump, it will eventually go back to its actual value..
Some people have suggest yesterday limit up was a trap, could be true. And I wonder why they want to go to padi field cut rice while they can just buy from 99 speedmart? This trap is seriously super extra mile.
Posted by Peteryy > Jun 17, 2020 7:52 AM | Report Abuse
Some people have suggest yesterday limit up was a trap, could be true. And I wonder why they want to go to padi field cut rice while they can just buy from 99 speedmart? This trap is seriously super extra mile. ------------------------------------------- it's either 2: A trap. Or syndicates playing see-saw
My sincere suggestion to all trading/investing stocks.
Do your own research and don't follow anyone blindly. I also can make all kinds of claims but they amount to nothing UNTIL suckers fall for it.
Don't blame anyone else but yourself for the losses. It was you who keyed in the orders. It WAS YOUR DECISION. Own it up.
I did a survey on my telegram channel yesterday on overall profit loss in 2020 about 38 pax (10% of voters) have lost over 50% of their capital. Over 30% sitting at a loss below 50% of capital.
If you are in this boat. First thing to do is stop trading for a while. Take a break. If you are interested to know more feel free to PM your details and I will either today or tomorrow add you to my telegram.
@Peteyy, mayb some fantastic news in the pipeline (besides listing in Mainboard Q3) which we are unaware of? perhaps excellent QFY2020? or new orders frm Japan?...
"However, as at the time of composing this foreword for 2019, we have all very unfortunately experienced a global health pandemic crisis since February 2020 and as such we expect some carry over impact on the financial performance for the year ending 2020. "
5. FORWARD-LOOKING Outlook Looking ahead into the rest of FY2020, the full impact of COVID-19 has yet to be determined in entirety. As addressed in Group CEO’s message, prudent and cautious measurement will be taken moving forward. Despite uncertain outlook for year 2020, the Group believes that with our continuing pursuit of excellence and steadfast execution of our strategies, we are well positioned to navigate through these challenging times and remain resilient.
The Group achieved revenue of RM256.79 million in the financial year ended 31 December 2019 (“FY2019”), a slight decline of 2.99% against RM264.71 million recorded in the financial year ended 31 December 2018 (“FY2018”). The Group recorded a net profit of RM30.47 million in FY2019, a decrease of 13.93% compared to RM35.40 million in FY2018.
The main factors contributing to the decline in net profits are as follows : (i) Decline of other income from RM5.62 million to RM2.95 million mainly attributable from unrealised foreign exchange gain of RM2.22 million in FY2018; (ii) Depreciation and amortisation cost have increased from RMRM7.17 million to RM9.26 million with an additional capital expenditure of RM28.77 million in FY2019;
Dividend payouts to shareholders totalled at RM11.15 million for FY2019 which translates into approximately 36.60% payout ratio of the net profit for FY2019.
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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....
Peteryy
358 posts
Posted by Peteryy > 2020-06-16 15:54 | Report Abuse
I have said back on 9th June