Beware this counter likes to trap retailers, it will goes up & suddenly crash down, something not right ! It is a laggard, but too risky, consider other plantation counters that are more financial sound & solid instead of this small one that easily manipulated by the owners.
TecGuan only 40 mil shareholders, SHChan has around 290 mil shares and has good profit for the year. Should go up like TecGuan., need KYY to spruce it up ?
Company making profits but no dividends to shareholders n share price heading south, then what's the point of investing in this counter. Both way the investors also lose.
I don't mind being stuck coz I got lotsa spare cash & refuse to pay endless broker commissions like rr88 & the old ijit paktua73 wending in & out of the mkt...still better than FD...jealous?🤣 My Nishishiba stuck for 17 months b4 being taken over by Toshiba & earning a 71% return, Sekonic stuck for 50 months but rewarded with a 163% return in another takeover and finally, Teraoka was stuck for 46 months before management BUYOUT @ a 49% premium over my entry...I'm not a pure gambler who doesn't calculate odds assiduously, like rr88 & paktua73 for instance...😝
Normally will pump again in few day.. yesterday huge buying and today silence..maybe wait ikan bilis dump more first..today I just bought at 0.385..may god bless 9 me.
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....
DJThong
495 posts
Posted by DJThong > 2022-02-28 13:23 | Report Abuse
This is Samson Hercules Chan married to Oon