grab point here , first is saucer bottom , source giving by koi koh sifu , support by justin ngo , second is sifu koi koh again mention ,inverted hammer , both symbol give me full confident , WAVE is matter of time . WAVE is under developed and strong build the foundation . The piling and structure work is did by the most solid pioneer well known corporated giant group in earth . famous BACHY SOLETANCE .JERMAN . imaging the OUTCOME .sure SOLID wave it .
no doubt, distribution of Casio watches is a sunset industry ... BUT look at these ways -
a. Marco can sell the distribution business, although sunset but generating consistent profit and hence dividend. With a stable dividend payout, say RM15m every year, this biz is easily RM300m, and the most suitable buyer is Casio Japan itself whom will stay in the Malaysia perpetually. So, Marco the least is 30sen/ share.
b. Once Marco sold the watch biz, this company has RM300m cash and no debt. It can then leverage to buy other more interesting biz ... so the excitement is not just 30sen/share .. !! there are many O&G and Energy plays out there are waiting to get a listed host to raise fund ... so the excitement for this counter is still at the very early stage.
I personally believe distribution of casio watches does not need a listed vehicle to host... they didnt raise any fund and earnings no excitement (quite flat and consistent) and furthermore need to get through the hussle to comply with Bursa Malaysia's listing requirements. Might as well take the watch biz out / private and realize the full value of the cash and the status of the listed company.
If I can see this, where is Tan Sri's wisdom ? am sure he does ...
when price rising = wah, this is a good stock, good cash flow, good financial result, high dividend yield etc..... when price droping = blah blah blah sunset industry, blah blah blah~~~ junk stock, *pui*
Fundamental good,quarter result good. Hold/sell ??? Dilemma?? All i can say is average down your price if possible but not to sell the stock. Trade at your own risk.
artificial bad phenomena . syndicate purposely did it . squeezing and press the investor to the tight optima level . reason only one scared them stop chasing especially those contra player . not easy money for this counter . they been static at least few month . leave onlt the stamina investor .really cruel done .
VERSION 3 at least another three to four month time . patient . Syndicate rest for build the earth work . PILING to the deep of the earth ensure most solid in the world . see u NEXT YEAR .
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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....
Chua Boon Chin
4,284 posts
Posted by Chua Boon Chin > 2014-09-01 15:56 | Report Abuse
grab point here , first is saucer bottom , source giving by koi koh sifu , support by justin ngo , second is sifu koi koh again mention ,inverted hammer , both symbol give me full confident , WAVE is matter of time . WAVE is under developed and strong build the foundation . The piling and structure work is did by the most solid pioneer well known corporated giant group in earth . famous BACHY SOLETANCE .JERMAN . imaging the OUTCOME .sure SOLID wave it .