KSL's 40% payout has a lot of conditions. But this is their first baby steps towards status as a blue-chip. Investors should give them the benefit of the doubt for now and watch their walk. No nasty surprise after next quarter result, and price likely to shoot up (barring the wolves if they are still around).
The wolves shorted KSL from 2.12 today. If price rise above this today, it should burn the wolves but not too badly. If the bulls push the price to 2.20 and beyond today, the wolves will be badly burnt!
The important thing is for KSL to prevent a drastic sell-down (like now?) since the price is already well below it's fair value. Once the sell-down is achieved, the wolves already done their job and just wait for the price to drop to their TP before buying back!
Sikung 119, the wolves seem to wield stronger influence over the price than the bosses hahaha Or is it a case of the bosses transforming into wolves under a full moon & wake up later asking 'whom am I …where am I?' hahaha…..
CCH, I rather not slight the KSL bosses but give them due respect until there is evidence that proves otherwise. In the meantime, there seems a determined push to prevent the price from sliding below RM2.
company buy back to enjoy dividend and long term share price appreciation...2.16 bought in...do you think management is stupid to reinvest their own cash? I see long term is up only..the shark will also win after they accumulate the low's....
Slow steady rise will be good. No irrational exuberance for this stock, but solid investment to realise its intrinsic value should garner more investors' confidence and support. But a few wolves (less and not so obvious today) still lurking in the woods!
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....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2015-03-18 10:57 | Report Abuse
There is pack of wolves tamping down the price at 2.10. This is classic!