Even though signs of market crash mat or may not be imminent, somethings may be announced to avert market crashes. Now we have big brother China and Germany
kelvinfixx - tp of 1.00 is a bit far fetched at the moment unless a mega contract is secured based on the company's current EPS of 0.04 sen and NAP of 0.12 sen. Yr projected estimate of 0.50 TP is a bit more reasonable.
whether it will goes up to 0.50 depends on this week movement. if the price can shoot up to at least 0.30 this coming week before the annoucement of TRS contract, then it should not have problem to go up to tp 0.50.
What is TRS ? This company makes less than RM 1 million per year.......in this forum alone, if we sell now, cummulatively, how much will the total winnings be ??
Kyjoon, Monday, up again ? TRS is still far away....this company profits are erratic and its actually a small company. ALL upsides are based on its tendering and they might not get it...We play on speculation......
Hello boys. Sometimes its better to just sit back and enjoy the ride as I have been since 14 sen few weeks back. Its never a harm to take profit along the way but as far as this proven horse is concerned there is no reason so far to get off the horse.
With current shareholders and CEO buying at these levels coupled with new Bumiputera shareholder via private placement coming in, I am just waiting for confirmation announcement as to who are these Bumiputera's ie Albukhary or ETRS. It won't drop much unless global market crashes or if the private placement is not to either one of these group.
If confirm its to Albukhary or ETRS it should kick up again and continue to make new highs/break above 25 sen. So lets just wait for confirmation as to who the Bumiputera private placements are and meanwhile enjoy Mpay. Its been a wonderful horse. I will sell if the private placement is not to either of these two Bumiputera groups.
wa...just now was up to 0.245 but then i guess some profit taking activities slided down to 0.23....hope afternoon session can go back up again to 0.245 or further to closed at 0.25 today.
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....
ran777
308 posts
Posted by ran777 > 2014-02-15 11:53 | Report Abuse
Hello, good morning, Madiba, pls share and comment on the performance of mpay yesterday as it was very impressive. Thks