To those who had held on due to assurance given during the AGM that the bad first quarter results was just temporary, go to IQ Group website, and leave them a nasty message. They have defrauded their shareholders.
terrible, limit down ..... luckily I dont have this counter .... only played contra trading 1 time .... and after saw comment from the management .... never in again .....
Expecting next 2 qtrs not having good results ..... long way to go .... if want to buy or average maybe wait after 1-2 qtr result and decide ....
First misleading case was recently by LSteel CEO, now we have the Mgmt from IQGroup doing the same stupid thing again. On behalf of the ppl caught in such circumstances, would beg our SC please bring charges against such unscrupulous Mgmt of our Corporates in KLSE otherwise our country integrity will be tarnished.
using EPS 3 cents with PE ratio of 10 is about 1.20, giving PE ratio of 15 is 1.80 ........ 1.80 may be next support .......... but this is long road to hold ...... and provided next year market not crash ........
RainT the core issue now is the highly questionable integrity of the management team. That's why people are punishing this company heavily by dumping their shares. What if mgmt lied again when they claim results will improve beginning FY2019? I agree with Edwardong53 that SC should investigate the mgmt.
Agreed. Unscrupulous practice with the intention of misrepresentation must not be not remarked.
Posted by Edwardong53 > Nov 30, 2017 03:18 PM | Report Abuse
First misleading case was recently by LSteel CEO, now we have the Mgmt from IQGroup doing the same stupid thing again. On behalf of the ppl caught in such circumstances, would beg our SC please bring charges against such unscrupulous Mgmt of our Corporates in KLSE otherwise our country integrity will be tarnished.
tomorrow will not limit down because it is a public holiday...but if you don't cutloss now...next monday will be another limit down and your long weekend will be spoilt totally...
Posted by Anti_Barking_Dogs > Nov 30, 2017 03:27 PM | Report Abuse
RainT the core issue now is the highly questionable integrity of the management team. That's why people are punishing this company heavily by dumping their shares. What if mgmt lied again when they claim results will improve beginning FY2019? I agree with Edwardong53 that SC should investigate the mgmt.
See my post https://klse.i3investor.com/servlets/stk/4405.jsp I have given a warning not to touch such stocks on 28 Nov ====================================================== Cut loss and use the money to invest in other profitable counter, may give better return instead of holding an uncertain profit company. Below companies either loss making company or price falling serious company may be useful as reference.
Though one day they may rebound and go high and higher but why invest in uncertain instead of follow the trend to get profitable counters? If they are good, once confirmed profitable in QR, only come back still not too late. Just 2 cents. 28/11/2017 22:03
cold eye is a long term investor. from his perspective this is still a 100+m market cap company, makes no sense to sell. if i have the capital like him i will buy.
but then again the problem is the management is not being honest
So what do I hv to worry with just 1,200 shares priced at under 2.12 right? These ppl have over 1m shares & never sold @ 4.88, now left 1.94 also never panic why should I ? LOL
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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....
WaAdaLui
1,225 posts
Posted by WaAdaLui > 2017-11-30 11:07 | Report Abuse
Market sentiment no good + Bad Qr result。
Cant find a reason to buy