Thinking to follow @TheContrarian to accumulate mother slowly...current ‘cheap’ 1sen dividend seems a good deal for stock below 80sen...for a long term
when earning is negative 5 cents or 10 cents due to broadmarket drop, then, panics of insas just started. That is how it got from 1.28 to very low back in 2014 or 15
insas problem is that it doesn't have good business that generate cash to sustain the earning. Hence when broad market go down, it only can post negative earning.
See carefully, market stay below 1,840 is not good and see insas put back not strength. sell down more than buy up and trade war just start and will take sometime to absorb the news.
Not possible to pay dividend if earning is negative since broad market at end of March is definitely lower than end of Dec. I think Insas might see significant fair value adjustment. The negative sentiment that haunted many of old insas investor will come back.
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OPMS
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Posted by OPMS > 2018-03-28 22:50 | Report Abuse
Inari down, Insas down, Inari up, Insas freeze.. lol