already warns you guys...this is the expectation bad report from fund houses linkage source...tmr another blood bad...wtk is cash rich, but board of director/bosses is stingy, they wont share the cash with you guys...haha...
Only those without a clear strategy will care about a dip in the price of any counter. If you want to invest in a counter like this, you need to have a longer timeframe and a plan to cut-loss or to average down the stock based on your research.
A long term investor will look at this positively and may add up more positions. A short term investor/speculator may need to cut their losses due to them either having other plan or not much capital to play with.
hahaha, of course you cannot see 1.04 match as the lowest price match was at 1.02...... lollllll, .....the fast knee jerk effect was at forst 5 min trading time,,,,,then over ,,,recover back...so, next time, be early bird ...ya
Similar to WTK, alos happen in Jtiasa these morning, both also under selling pressure due to poor result....knee jerk selloff overshoot and recover to pare down loss....render opportunity to reap fast contra profit
Even if you said poor result, result still better YoY. And the selling volume is not high which means those that want to sell already sell before QR. Now downside is limited.
Of course, its a bargain buy at depress price....across all timber related stock...Jtiasa, WTK, Ta ann...all on sale offer discount......but, for major catalysts, it need to show recovering in earning in next 3 month.....plywood price, log price, CPO price, production volume...etc
company now has 15cts cash per share, coming forward, I see ~15M cash flow in per qtr or ~60M cash flow in per year, this will double 15cts cash per share to 30 cents cash per share next yr
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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....
wisdomtot
645 posts
Posted by wisdomtot > 2016-05-26 20:43 | Report Abuse
I think OTB subscribers are no longer holding WTK... They would have sold below 200 MA...