EPF and CMY is long major shareholders... There are others short term "big guys" or "big players" ... whom i mentioned as big guys.. Obviouly ,, These big guys had unloaded a round at 90+....
I see this stock very very good value... The price very hard to move MUCH higher with another push by BIG GUYS,,, Will go in again till clearer signals,,,
value invest, i suspect that the price cannot be depreciated much at this level as what i mentioned is well known now. Those who bought higher can easily hold on longer term for bigger profit. Worth the hold.
Also consider that because only a small amount of share is not held by major shareholders that if any portfolio wanna add this stock after this, the price will drift higher as you cannot get enough at this level due to long term holders wont sell at this level even amongst retailers.
u got the FACTS and FUNDAMENTAL ... I research this stock very thoroughly before the right issue... We banged the stocks immediately after the right issue... The reason we unloaded at this moment BCOS big guys unloaded at 0.90.. Surprised.... Just followed ther move,,, So,,, now just wait and see,,,, I love this stock so much,,,, good value...
IN the market... Most of the time the retaliers are at the losing end... When this price at 0.70... not many paper cover the stock, not many ppl call a buy.. When it was above 0.90... paper keep covering... remisiers keep asking to buy... Smart ppl here keep saying GOOD... I noticed tat the big guys were distributing at this level..... so just followed....
Do ur research and make ur own judgement.... There are basic and justifications before buying and selling.. In here, the are so many smart ppl simply comments....
Value invest, i suspect there is also some parties still slowly accumulating at this level after RI and the initial frenzy done. The price should drop alot more closer to 0.80 by now given the value and volume that it was traded at during the frenzy if not for some support. This is why i choose to accumulate slowly and average down now.
Very curious to find out about your confirmation later on hehe...as for now i enter small amount first and will wait for lower and lower if it goes there..
Guys, may be you can look into VIVOCOM...29 Sen only...soon above 50sen after bonus issue and move to 1st board. Trust me, I have already load Up and waiting....
I have just bought some Vivocom shares There is a lady working full time writing anti-Vivo comments in i3 forum But I still go in to buy some lots for the sake of bonus issues laa. They said the EGM on 22/8 wud grant the approval to go ahead for the bonus issue.
stonenut2, undervalued based on historical chart? u aware dilution due to rights issue occurred before just recently? if earnings do not DOUBLE back to sustain the share dilutio, fundamentally, it no longer looks attractive.
guys, just move to other counters first la before coming back. DRBH is booming, even skpetro also hitting high. Why so sturbborn stay at this counter .lol. fgv also crazy
Skyz, NTA 1.15-1.20, earnings even at RM1bil which they did before and not double and apply PE of just 9x. How much is that? Do the calculations and you will see that RM 0.86 is highly undervalued even based on old earnings post impairment
thenewbee, not everyone is a momentum investor. Value investing can reap bigger gains in the long term with less volitility and capital risk. This is what mbsb is now. Value play all the way at this price.
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....
value_invest
1,138 posts
Posted by value_invest > 2016-08-17 16:13 | Report Abuse
sharkTank...
EPF and CMY is long major shareholders... There are others short term "big guys" or "big players" ... whom i mentioned as big guys.. Obviouly ,, These big guys had unloaded a round at 90+....