Im new to this stock....just started buying today at 26....i see someone slowly buying...might be in for some play...some time soon....so i bought 50k greenyb at 26 today..
As long as the owners dont push...the counter will not move up...based on its trading...looks.like somebody is accumulating the stock upwards...and its profits are too good for 26sens....
Another good day...holding at 26sens...bought another 30k...at 26...will continue to collect at this level...its quarterly profits should be out soon....hopefully they are better than the last quarter..
The best part of this company...is that the major shareholders of grernyield are the tham family...well managed for years...going into plantation of rubber in a big way in kelantan...paying dividend...high turnover...excess cash in the bank....moved up from mesdaq to main board....experienced board of directors.... all these tell me that this company is too cheap at 26...when more people realize this...the price will surely appreciate....upwards.. Will buy some more today.
Another counter Opensys also was too cheap at 20sens...it has since doubled in just in 3 months...so once the big boys realize the potential of a good company....share price will move up...
This company...just doesnt seem to have the right pusher....we need a giant fund...like felda..or tabung haji to take up a subatantial stake....looks like the present owners...are very conservative...Great company...but conservative owners.....so limited price movements
Today ..will be a better day....when investors see the potential of holding this company...then they will continue to buy upwards....26 sens is too cheap....
Bought another 20k today....will continue to buy at this price...my personal view is that this counter is too cheap...one day one of our local plantation companies is going to gobble up this counter...i have a strong feeling about this...
I hope its a good one...even if price goes higher...its worth investing for medium to long term...so far collected 100k..at 26...if you are making money with anything that grows from the ground...thats good business...greenyields entry into rubber plantation..as reported would turn out to be the best move for the company....
When turnover and profits increase...dividends would also increase....best part of the whole picture is that this company is tightly held by the tham family.....this kind of companies are very steady in their growth...i wish them well....
From mesdaq...this counter has moved to mainboard....must be having big plans.....i wonder why price is still low.....is there something i dont see......
When the stock is cheap no volume..nobody wants it.. When it is expensive...everybody wants it.. So ironic.....i know this stock is cheap...But i dont know why...
satha44 your eye very sharp we miss opportunity to made some money ,today only came to know from your comment put on opensy ,if you share last week on opensy column perhaps we can follow up made some weekend pocket money .sayang loh next time please share with us abit earlier hahaha
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MQ Trader 3131 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
satha44
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Posted by satha44 > 2014-06-16 19:04 | Report Abuse
Im new to this stock....just started buying today at 26....i see someone slowly buying...might be in for some play...some time soon....so i bought 50k greenyb at 26 today..