Now a lot of investor when lose money they will keep the share , So the trader cant force u to sell , than they will consolidate the Share to reduce your on hand stock quantity , now many stock Will do like this .
For example cindy case now she have 100 lot after consolidate become 33.3 lot , if the price Not up sure cindy wont sell , than the pruce keep droping till lowest pruce , now another Share consolidate proposal come out 5 into 1 , rhan cindy on hand quantity will from Begining 100 lot drop to 6 lot only , whats your opinion ?
When oil down to lowest and bursa was bear market,asiabio was holding @3cents, what u think at this moment? Now risk is election and oil price going back to 40usd,other than that still ok holding.only one advice if got profit max 20% get out ,dont enter anymore.
Your cost is low 0.07 plus 0.05 so your cost below 0.07. 100 lot not much .i think u should gamble and hold. Sure price will drop but after consolidation if price up u gain.i believe price will up for short term.this counter is not like strong fundamental counters.but when number of share reduced and price increased manipulation will be reduced as well. But remember election is coming so investors will take wait and see attitude. If price up dont wait it will go higher take profit and exit .
Mara is institution & glc u think they will allow it to go zero.? Wake up my friend. Oil was 30usd,bursa below 1500,still it newer become zero. Give some logic reason why it will be hubline.i already made money 2years back when it reach 24cents.
B4 i have no interest in this counter,still i saw 5.5cents 3months accumulation.i bought 5.5 sold 7.5. Now iwant to buy just waiting lowest it can go.because consolidation.when u have 1billion share @5cents big institution wont see at all,they have limit.why the director taking all the troubles applying with bursa for consolidation just to make it like hubline.? If u just say oh consolidation it will be like hubline where is the logic. Its not only present but future company earning that will push the price.
Nobody want to see this counter thats why they are trying consolidation.but sorry good investors already abandon this counter long time ago because .always have mou but nothing happens.alot of people lost money b4,those holding trying to get out.
Asiabio now like investment institution,buying other company shares,hoping can make money to show qtr report some profit.their core business cannot make money,also no new contract. Vsolar,netx, focus At all same no profit for years.
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....
pillai65
70 posts
Posted by pillai65 > 2017-04-21 10:36 | Report Abuse
Must be 0.07 not 0.7.