Yesterday for 3.6 mil share trade, today seems maintain 3 mil share also. total almost 7 mils share trade. When there is big shark let go for those good fundamental company, there may not have any valid reason, maybe need to transfer a better investment opportunity only?
I believe after this big shark finished selling, Masteel will very fast rebound back to 1.30!!!!
Hi edison5351, price can drop due to shark huge selling. What I mentioned before is TA wise base on chart. Masteel daily chart doesnt look good but weekly chart still borderline. For FA wise, u mentioned it's undervalue. May I know how u calculate to come to this conclusion?what is ur eps?
Dun be ignorant. FA is important to choose a stock but TA oso important to set ur entry n exit plan. Yes, every business hv certain risk, be wise to lower ur risk. Here, i'm pointing out that next qr eps might be diluted by latest pp. For FA side, u should recalculate ur eps based on latest updated share equity volume. For TA side, if today closing below 1.20, u can consider CL and reenter later. It's ok if u dun agree with me, thats ur choice.
So fast break 1.30 wall after sell down from last tuesday, so great.....
STC1136 Yesterday for 3.6 mil share trade, today seems maintain 3 mil share also. total almost 7 mils share trade. When there is big shark let go for those good fundamental company, there may not have any valid reason, maybe need to transfer a better investment opportunity only?
I believe after this big shark finished selling, Masteel will very fast rebound back to 1.30!!!! 02/11/2017 16:50
what's the reason behind all these non-stop private placements ? can somebody enlighten me ? and how will it impact masteel other than dilution of eps ?
Private placement is good or no good ? However, there is always two sides to a story. Let us examine some of the potential benefit and negative benefic I think positive some member of here have explain already , let us talk about negative benefic , PP will increase the share unit in market and hard to push up the share price unless Masteel buy back market share as treassure share. PP will decrease eps , if eps low but share price too high then will become high pe. However, there is always two sides to a story. Let us waitting the Q3 result come out just see what to do next.
masteel okayler.. alot of mega infra coming up. probably need pp to finance that. or... pp might be taken up by own ppl cause they know results gonna be good this qr. lets see. cheers
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....
dalpinia
2,299 posts
Posted by dalpinia > 2017-11-02 16:26 | Report Abuse
Steel price up again