look like support and volume building up at 129/130/131 level...concentration phase...will be preparatory for a technical rebound soon! Index is recovering now.....
The market went down because of the protest against Big Mac I guess. Spooked the foreign investors because protesters crossed a red line in their zeal by attacking business!
like it or not , seal is a very good fundamental stock and after the programmed selling down by punters , its PE is coming closed to 2 ....I think this is the safest stock in Bursa now....tutup mata saja lah , tak payah fikir banyak-banyak kerana masa depannya tak payah bimbang...Disclaimer..attached !
These morons plan to protest in front of the Coca Cola plant in bandar enstek without realizing that their actions affect Malaysians who are employed. Good buying opportunity.
If it is indeed true that the insiders of SEAL are disposing the stocks knowing the coming report is bad, then it would create a great distrust among investors which would adversely affect their stocks price in the future. It shows the lack of business ethics and integrity of the company.
Prof...Chuah young entrepreneur wont let such crap happen.. and he knows the stock market business very well.. and he also know how to give the qtrly financial results in the right stages..
probability, your chance to buy L&G now ...well supported at 64, cheap sale should not last long, that's a sign. prof...nowadays people are out to make big cash in the shortest time, then they can do anything else. how many developers absconded and ran away with the money?
For all. I have just went through SEAL's YTD Q3 report. After taking out the one-off profit of RM33,487,000, the net profit after tax is RM92,151,000. Taking a share price of say 1.33, the PE is now 294465570/92151000 = 3.2! Please check the figures and confirm. Thanks.
Prob, yes I've heard good things of Chuah but there could still be leak among coworkers. Alex, I have to admit most Malaysian companies are like that, even some big cap companies which focus only on their self-interest have been known to manipulate their financial results.
Resident genius. Go through my calculations and you will see its another way of calculation: Market capitalisation divided by total net profit for the period. Or are you such a genius that any variations in a method confuse you? Or maybe you are psycho unable to accept that you have made a mistake? Or likely you are just a cheap ....! For all: Remember the PE is base on 3 quarters. The fourth quarter is still to come. Therefore if the share did not shoot up by then the PE is likely to be even lower. Investors are waiting for clues as to the Q4 results!
I think the market is really spooked by the protests and especially the sniping of the HSBC credit card. The financial authorities should come out with a statement and calm the markets!
I think the index is responding to the air strike approval on Iraq granted by obama, I do not think those clowns putrajaya really carry much weight. If they do, we better look for better investment elsewhere.......
Tornado,upsidedown119 and Probability, I would like to WELCOME all of you not only to WINGTM forum but also to KSL forum to help warm up the atmosphere there..........its cold and quiet there........hehe.
For those who hang on, Probabli, upside and others, u r good comrade in this ride. confident we will make big $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
limayseng
2,076 posts
Posted by limayseng > 2014-08-08 10:59 | Report Abuse
look like support and volume building up at 129/130/131 level...concentration phase...will be preparatory for a technical rebound soon! Index is recovering now.....