talk about this counter i am very " tu lang ",i trapped more than 1 year,my first buy is 54 cents,today up 6 cents i still losing money .the more i bought to break even,the more i lose,hopefully this time totally different from b4,daily appear on top 30 active counter.let me run at 50 cents
Hi peterwinwin, that's why cut lost is very important. I agree coz many listed developer company also not doing so well in y 15/16. May your wish comes true. I hold this @ 0.355, still holding coz i'm not kaki goreng. Its ampang project will do well. When FED raise interest, this counter will drop for sure. I fast everyday to save money to sapu later..
Is this counter entered overbought position........Then sure profit taking happening before the next wave. But what would be the price level for profit taking ????
balance sheet is very strong, take a look at their cash and the market value of their land bank should be worth at least RM0.80 per share.
Medium term horizon, they have enough projects to ensure they get EPS of RM0.1 for the next 5 years. Assume p/e of 8 for most property companies, that means their shares should be valued at RM0.80 as well.
Hahaha from previous comment you can see when i say good about this stock then the price keep drop. When I say is bad then the price rise. So i need keep talk bad then share price will continue go up unlimited..
leecuteguy this counter to do nothing with index,normally up one day drop 1 week,so many smart investor get 1 cent profit run away liao,i too greedy so trapped.but this time quite different,up 6 cents in one day,after that get support at 39 cents,is a very good performance so far,i still remember last year i covered at 44.5 cents then up to 46.5 cents,later drop to 39 cents then declare dividend 2 cents and share price up to 45.5 then drop until i very -2 "tu lang " to 33.5 cents.no more courage to cover again,this counter make me really" bo hook " to follow.
drakoryn --- i think my average price is your selling price +/- 46.5 cents,so i plan to sell at 50 cents is reasonable hor. Yhchan1976 ---- my sifu never teach me cut loss,once we decided to invest in a counter like we marriage a girl,no matter how bad the situation after marriage we still stay together,fight until balance a under wear still stand firmly,can "tu lang " but cannot regret.so my sifu name me win win,not to lose a single cent in share market.hold the share until we make money then let go.like DAP said,we havent lose,only not win yet. hahaha!
Eric sure lah,we stand on the same boat,we bought this counter earlier than other,we are trapped,no way to get out,must support until this counter "gulung tikar" ,we can fxxk the management but cant give up ours $$$.
I also entered at 0.50, but bought alot at 0.34 so average around 0.37. Will hold long term until it reaches 0.7-0.8 then will consider selling. Still think next year only will see the price shoot up. Last week was just a small correction
Cash in hand: 525M, borrowing 83M, Nett cash 442M. Share 1.09Billion i.e. RM0.405 cash per share while share price only 0.40 EPS: 0.0875, share price 0.40 PE 4.6 DY 5%
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Posted by xcu843 > 2016-05-31 19:08 | Report Abuse
Wait n see