Already following it for 7 months....even mkt sudden drop and lots stocks go frenzy red but pantech remained intact 0.89-0.985, nice valuation....another w alike pattern..wait & see
ssboy...I'm referring to the old news in Jan...the revenue and profits drop...well...first time i heard abt pantech was end of last year...seems pretty impressive at that time with good financials, dividends and all...however the price is so stagnant i also dont know what to say...then worse still...stagnant so long then drop lagi....drop d then stagnant some more...i guess long term holders will always say that long term it will rise again but that one is just a test of your patience la...
hehe, no dream then life will be very bore, got dream got hope. But pantech now is uptrend mode, just try try luck only, share market can happend anything...
I agreed fully with this statement. As for myself, I'm a long term investor in Pantech due to it's quarterly div payout. The management team is not bad as well. And with an average below 0.80, it is still comfortable to hold.
Today up a bit as well. Lets hope it will close at least 0.92 today. :D
Beginner1989, it would be wonderful if it can close 0.92 end of today. I also fancy counters that slowly uptrend rather than those that swings wildly. This might be due to the fact that I am not that good yet in TA.
Bro Steve Jub, I also think that the trading range is between 0.9 to 1.0 as well.
"Management guides that it is still contesting the US anti-dumping suit in its stainless steel division. A resolution is expected by July-14. As mentioned previously, PANTECH’s alternative strategy is to shift production to higher-end stainless steel fittings production (which is not subject to such anti-dumping laws and have higher margins than stainless steel pipes); and is actively exploring other potential export markets such as South America and Europe." As adapted from research report....
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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....
novice8
603 posts
Posted by novice8 > 2014-03-04 19:46 | Report Abuse
hahahaha, why are you so confident? any news?