i believe any company will always have its ups and downs irrespective of the business they're in. One q of bad result doesn't mean that the co will never recover n business will only go downwards fr theron...n let's not forget they did achieve an impressive turnover of RM287mil n aPAT of RM119mil for FY 2014 n that's what investors are interested in
day traders and contra players r interested in selling than buying....so any price difference is an opportunity , they didn't care whether the co is making or not , but more important got volume and volatility...in and out will be their main motives. their play is whether making or cut loss and change counter...
overall making 28c instead of 31c , still profound and cheap at RM 1.1* unlike eco only making 2c but still at RM 4.6* . Many are throwing property counters , something v bad!
The fair value of the company for the next 12 mth is 1.16, it is already reflecting the future price at the moment. If you think the company can take a quantum leap than go on board...... , after all , buying a stock is buying into its future..... You decide.
Do not listen to those who are licking their wound and keep promoting this counter to you.... make your own decision.
Oversold just mean those who buy at high point cut loss , bought at low point taking profit. It is a "term" to attract those who not yet buy to buy........., my layman term interpretation.
The volume in blue chips and middle liners are dwindling. The pennies also seems to be dying today The Dow might correct from an all time high. The Russians are attacking the south of Ukraine It is September
becareful out there. long term holders no worries. see you in 2015
@ST, I have loon for so long not to touch this stock when it was at 1.30~1.40..... awaiting the q result. Now , it is 110+ , I am not sure whether I am going to draw the 1st blood as I do not see anything good coming yet .... like announcing change of policy , e.g. profit sharing by allocating certain amount of profit for div ... bla bla bla.......
I would like to apologize to fellow comrade who make lost in seal this round. Maybe i talk too much, my bad! I am too naive to trust the wolf! Apek no money to buy even nasi lemak. Lesson learned: when you think its a sure thing in Bursa, its surely a trap!
they are a very young developer. 1st project reap good harvest, cash now circa 100 mil. I don't think you can expect any good corporate policy. They can't afford it. I believe the current cash holding would use to buy land as per batu maung. Question is would there continue to reap more as a developer or suffering from the slowdown in property. The 10 million sales this Q is a question mark
In 3rd the board of director say next q expect good performance. Now annouced 4th Q revenue RM10mil!!!!!!!!!! Lia ma! Now apek no money for even Nasi Lemak!
Like felda in encorp, I wow to not touch encorp again! Like Ha - lim in Sumatec, why do ppl trust the biggest wolf in bursa? I hv half of my holding in Seal, when i let go all, i will never touch seal again.
And Mr ravi kumar, Can you stop boasting your OTB when we all suffering here!
OTB is the only person who are 100% gain in i3! imagine soi Crap like you who contribute RM1k yearly to him, 100 crap like you OTB will make RM1mil a year, someone have to pay mah.
also you forget to mention OTB ask ppl to buy futher when encorp-w at 80sen too. Then come that felda G.O. at 50 over cents..........
and seal RM10Mil quarter......a joke.......coincidence? wolf i think?
Tan 1868..is not ur fault..though u n some frenz promote the stock ..wit fact n figure not mere sayings..things didnt happen as suppose to be.. i benefits from u all..decision is personal..tqvm..seal is not finish..now how to take opportunity..when next to enter ..at right time right price..no rushing..this not occurs to seal only BUT many other higher flyers too drop deeply this few days...wakeup..find new sun ..breath new air
Thanks agate for your understanding, still i feel sorry!
I just don't understand, why RM10mil Rev and lost 2.4sen Why not RM20Mil rev make 1 sen, that difficult mei? if so difficult how do enron balloon so huge? How do Malaysia got GDP + 6.5 in last Q?
8 Q of consecutive profit now damaged by this RM10mil rev! hai..........
Management play shareholder. If long term shareholder won't keep this stock. Becos last quarter management employee r getting salary but not doing job. All sleep in counter. Customer come and ask them back so that's y Revenue 10 mil. One house sell 1 mil , 10 houses in 3 months only. If not running business like this , so what is the purpose behind to make the account like this ? Think wisely.
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....
Ravi Kumar
3,643 posts
Posted by Ravi Kumar > 2014-08-28 23:19 | Report Abuse
Alex,for me it was a buying opportunity know the potential.