good results? you got to be kidding! No need talk about rm3.00 target. Rm1.00 also seems far away. Nobody should promise you dreams of riches with outlandish target prices and visions of grandeur. Nothing is guaranteed and if anyone tells you otherwise they should be shot
Any so called guru would have analysed the results which were released on Friday and made an assessment that the numbers were clearly a miss. So instead of doubling down and telling the followers who bought following your advise that you were wrong and you should cut your losses
the price gapped down at RM0.85 today and it's now trading at RM0.79. you still could have saved yourself 7% by cutting loss early in the morning. Guess who are the ones who sold even at a loss? the people who analysed the results and left their ego at home
It's true we may not be able to forecast results correctly, but we have to be honest and react accordingly once the facts are known. That's what a responsible guru/ tipster would so. Markets have no place for pride and inflated egos
1) market overreacted to fall in QoQ, but fail to see increase in YoY 2) bloody hell correction is painful 3) next quarter no improvement gone case because fall in QoQ and YoY all CABUT.........
QOQ fall in revenue already expected since the production form Jan-March drops.
There are some factors that could put pressure on Jayatiasa price performance in short term: 1. rising interest rate as their debt is pretty high, thoug their operating cash generated is well enough to service the debt. 2. Russia opens up the corridor for Ukraine export, or Russia sanction lifted. 3. Zuraida's hopping could lead to delay in foreign worker imports and talks with Europe on CPO
Buy share really need do your homework, if you listen people and follow buy then you die is acceptable and understand. Now you got 2 choice, cut loss or keep it in refrigerator. This happen at Hengyuan also. All big big shifu talk and guarantee and comfirm and 100000%sure QR damn damn damn damn damn good, finally... You know I know la....
Stock down because greedy owners not willing to declare dividends and all profit "transferred" to own pocket. There is no way palm oil company not making huge cashflow inflow except creative accounting
Jaya Tiasa reported profit dropped this quarter compared to last quarter, this gave impression that the peak of profit has over, the big funds having the advantages of getting first hand information push up the price and sold out much earlier even the current the plantation CPO price is still high. Similar to glove counters earlier even the pandemic is not over but the price drop forward. Now a day the market moves up & down very fast and not suitable for long term investment unless u buy at very low and intend to keep for long term. For newbies, dont rely too much on the articles of uncle Koon, pls read the other comments on him earlier. People wont easily forget what he has done earlier, but for the newbies, they are not aware of the dangerous of listen to him.
Some plantation counter performed better and pays good dividend despite lower production. Hence for certain counter, it’s still best hedge against inflation.
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....
nicholas99
9,841 posts
Posted by nicholas99 > 2022-05-30 13:33 | Report Abuse
so hai calvin go hide in cave already. write so much for what? he cannot even foresee this coming.