Dan,, theres no one method that works perfectly. For me, its a combination, what to do FA, when to buy TA, half empty glass, readiness to take opportunities like now etc etc. I guess for you is the same too.
Even though the profit has decreased but the company still generating cash. FCF is positive and still paying dividend. Total liability has been decreased.
where is official caretaker of pantech forum? sang jero and steve jub ? pantech sudah dapat projek why not 1.50? pantech ok what .. maybe not yet lah... salam to sang jero and friends!
Looking at the TA......Pantech is dirt cheap right now in its category.......Oversold.......Let's see what happen.....within 1-2 weeks......Obviously "some party" is collecting and taking advantage of the situation......Pantech is a profitable company with free cash flow....Liquidity risk is getting lower.....cheers....
how long can it stay at 90 cents when buy back is only 100k units...let's see if the buy back continues at or above 90 cents for 'longer period'...then can enter..safer
Due to the slow rollout of local O&G fabrication projects in 9MFY14, Pantech’s domestic sales have reduced to 49% of total sales (FY13: 60%). This was also evident from weaker trading revenue in 9MFY14 (-22% YoY). --- and TA also said all the above...
Yes. Longer term Pantech should be OK. Oil & Gas survived the US Great Depression of Year 1930s. With coming launch of Pengerang Oil & Gas 60 Billion Dev in year 2017 - 3 more years away. Pantech should get some contracts.
However, I think Pantech prices will continue to weaken for one or two years till then. Better switch to some defensive counters which won't fall so much - like PBA & OPCOM.
Hibiscus is highly speculative. No true investor will buy it. Only gamblers do. Anyway, a lot of people go up to Genting Highland everyday and play in the casino.
No one can stop them. It's their money & and they want to try their luck. For value investors who want to sleep well every night. Stay clear!
Katani17....Current date RSI 9 & 14 is zero....Other Technical Indicators is also showing that Pantech shares is Oversold to the maximum......I tend to agree with TA's Price Target Maintain Buy on Pantech with unchanged target price of RM1.22 based on 12x fully diluted CY14 P/E.......
I don't see anything negative in Pantech as a whole after reading TA, Kenanga and The edge report.......Felda and other major share holders are still keeping Pantech shares.......There are true investors in Pantech....Not Gamblers......
Just to recap....Shareholders granted approval to Pantech to buy back Shares from open market and keep as treasury shares during last AGM....The company already came in to support at 0.90....The directors and other major share holder could be buying too......Playing defensive game....selling pressure may be diminishing and the downtrend could be nearing an end...The chart is showing DOJI........hmmmmm
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....
investor88
282 posts
Posted by investor88 > 2014-01-25 13:56 | Report Abuse
once the Brazil and Johor project kick start it will boost the P&L for Pantech