What makes u think next week mulpha will immediate come to 0340-0350? Those big player still not finish collecting.. This first breaking 0300 just to test market reaction.. I predict the price still maintain around 0290-0300 for the coming 2-3weeks.. Have to see micro n macro factor.. If everything on track then price will move slowly like AZRB.. Everyday 1cent pun Cukup makan..
The time is right to start rising. They aren't paying dividend due to the fact that they need whatever cash they have at the moment to fund their projects. Hence they raise rights issue to get the required capital without having to service interest payment.
Mulpha always take cash from shareholders. Never give cash to shareholders. Then cash invested in some oversea project/investments that is making losses. When they want money from rights issues, these investments magically make profits. After taking money, then back to normal loss making.
QWERTY,0.30 is psychological support price. Observing It test few times after hit 0.31. Think have better chance since normally a stock will be uptrend before retesting its psychological support price. Anyway,bought.
Yes-i'm still holding this share till now. The only pitfall is Mr Lee is too stingy with no dividend. Mulpha only suits long term shareholders with long term growth potential in Australia property
Mulpha also iskandar theme stock. Why IWcity can rise so easily but not Mulpha? there must be something missing in between which makes this stock lazy boring laggard. Mr Lee, sleeping at work? can you do something like Tan Sri Lim Kang Hoo?
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....
qwerty
977 posts
Posted by qwerty > 2016-04-01 22:48 | Report Abuse
Have you sold off your SKPRes ? It has lost steam, no point holding it.