Have been reading abt all the great fundamentals on L&G. But the price kept dropping like nobody's business. Any chance that the >400m cash in their books is suspect like the China Stationery case? How else to explain such a sharp plunge despite good fundamentals?
9 out 10 stk drop, no stk can escape such extreme bearish sentiment, can't compare to China stk, the hk boss have good reputation, once he runs l&g, he start paying 2 Sen dividend, properties sold can't be faked
This is lousy counter. Their boss didn't take care of share price. This is not stable counter. Why? Bcos profit ok but less dividen pay out. Stock price keep on dropping a lot because most of the player is small player. Investment firm seldom like this type of counter. Small player less focus on fundamental.
Good drop, please continue, I miss the price during RM0.30, I sell my Unisem and YTLLandLA today, to continue monitoring this share, will all in at RM0.30.
Big boss had said many time any major corporate exercise will be on 6 mths after they fully.converted LA. For october until march, they will be no movie to see. Big fish not around, only small fish eat each other, when close to new year the condition will be worsen cause need.to sold for new year use. I had warn many time never buy even with flying color financial result latest.. big fish don move, dun acted hero to push price up, u will tired later cos no one support u..hope small player can survive until mid of next year ..keep in mind, big fish move, we move. If he sleep, u move make sure u are one of big fish bigger than them.
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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....
YOLOOOO
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Posted by YOLOOOO > 2014-12-11 19:21 | Report Abuse
oh, my L&G credited into my acc again, going to sell and buy LA convert again HOHO