Just wonder why the price dropped after maintaining at 0.08 for quite some time? poor quarter performance? isn't this expected as the book closed in June and stock market at that time was at its low (PH just took over and big foreign fund sold off). If the stocks were to reevaluate today, the performance should be very much better, right?
Very deeply undervalued FINTEC for now. A company depend on investing to make money. Any way, this counter anywhere below 6 cents is very very cheap. Nett cash company with some positive earnings. Their investments in Mlab , Netx , AT is considered low. Most stocks gearing is low and only condition to look upon are execution of the businesses. They seriously need flows of real businesses in.
Don't need to too far. This is good for mid to long term. Not for short term definitely.
Daily8 you are right - they seriously need flows of real business . and 6 cents is not very very cheap, i remember when it was 7.5 cents some said very cheap also lowest so far. and today is 5.5 cents is 26% down . Wa !!
I know many lazy go AGM. How abt write to IR to sell DGB coming 4 days holidays why must lazy also? I think Tenaga still can keep but not DGB with loss QR.
GOOD_NEWS, I think they are the one buying to pump up the price thus they need to hold shares at that price, Their trick failed and stuck with this hi price.
Any good news about this stock? Thought it will go up but fall due to the new issues of preferences share damn Net assets to every share is RM0.15 per share.
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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....
kun1971kun
1,211 posts
Posted by kun1971kun > 2018-09-04 10:44 | Report Abuse
Today AGM will bring any good news?