self consolation. QR where got improve? in addition, Melewar drop like hell. tomorrow no eyes to see this falling knife. i think i would sell quickly to cut loss.
If compare to peer like cscsteel, mycron done a good job and this show that how good is the management performance. It is a buy call. Fair value is at least rm1
at least cscsteel give divided RM0.10 but Mycron long long time never give dividend. i think i will switch to cscsteel to collect dividend better. cscsteel price has stable now.
Obviously the market sentiment is not rational. Capital is outflow since yesterday by our local instituion , flowing out to west market + commodities (gold). Share markets is only one of the financial tool. So, for those big boy, they don't have patient to wait inside the country. When the stocks market is not performing well. Then they will shift out their money to others financial tools. (i.e. ETF, FUTURE, COMMODITIES & etc.)
I think is good time to cum now.. as the %K and CC index is over sold.. per past few trend showed when these 2 index oversold, it will bounced up Up UP..at least 30%
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....
Alex Lim Jun Xiong
6,930 posts
Posted by Alex Lim Jun Xiong > 2017-02-23 18:31 | Report Abuse
Where got so good? every quarter 3 cents eps, no improvement pun~