Today global mkt bled blood immediately after yesterday US Fed Open Mkt Committee meeting revealed its tapering plan to end its stimulus monetary policy either by end Sept or year end. As a result, the emerging mkts like Malaysia, India, Thailand, Indonesia, etc will b badly hit due to massive outflow of foreign funds fr the emerging countries & shall hv a strong impact on the equity mkt. Investors r therefore advised to be cautious, refrain fr accumulating more stocks but instead shld b SELLING ON STRENGTH to take profit temporary. In the event of mkt crashes v will hv ample funds to buy our favourite stocks at a steep discount n possibly at the right timing.Remember when mkt crashes 'CASH IS KING' n v will b able to buy stocks at a cheaper price to maximise our profit. THIS IS MY PERSONAL OPINION. GOOD LUCK & TQ
From their announcement page, there doesn't seem to be any share buy back activity. I've offloaded all my shares, not just in PANTECH, but everything that I have including YTLPWR, LBS and others.
I think we're heading for quite a hard landing soon....
Brother SANG-JERO & Steve Jub. I've offloaded all my shares this morning at 9.00am except my favourite PANTECH which I'm still holding some (sorry qty is strictly confidential?)
For those of u who still keep Pantech shares, well done! I'm an amateur in share investment, however, I keep my eyes open for company with strong fundamental.
Good luck Steve Jub becos PANTECH is a good stock n that's why I'm still holding some. After yesterday Fed Open Mkt Committee announcement I was forced to take some profits instead of taking the high risk ending as a loser. I've already reloaded my M16 bullets n shall b at the firing line when the time is right for meto move in.
posted by sang jero: Aug 22, 2013 06:34 PM | Report Abuse
all this is temporary....normal lah....If the Felda and the company is accumulating keeping why should we sell?? ------------------------- felda beli iris...iris naik sekejap pastu jatuh felda beli pantech? terus jatuh haha ...do think this the right time? felda duit berlebih lepas jual tradewinds felda pakai beli je..semua dia beli premium, iris beli premium, pontian plantation premium, pantech tak premium pasal latest felda beli is on 1/8/2013 range beween 1.00 - 1.03 volume ...2500,000 units...before that they have accumulated pantech at very low price..they now have 10.6 % of pantech shares!!! --- u never know if they will announce later that they've sold millions of pantech shares...the reason that i think that has prevent pantech to move upward for the past 3 to 4 weeks
Ladzat...that is your opinion..no issue...Nothing to worry if you are a genuine investor...We can't avoid negative statement since the price below 0.70 to the current level...cheers...
Ladzat...btw...if Felda sell what is the issue..the company will buy back after 29 August...
Posted by SANG-JERO > Aug 14, 2013 09:23 AM | Report Abuse X
Pantech AGM on 29 August 2013 at 10.00 am at Bahamas 2&3, Level 12, Sunway Resort Hotel.. to table Proposed Renewal of Share Buy-Back...The proposal will be tabled as Special Business...
Potential advantages:
1. Stabilise supply and demand as well as price of shares.
2.To retained as treasury shares or resold on BMSB at a higher price with the intention of realising potential capital gain for the company without affecting the total issued and paid up capital of the company.
3. Would effectively reduce the number of shares..therefore EPS of the company would be increased and would benefit the shareholders.
4. Shareholders may enjoy an increase in the value of their investment arising from the consequent increase in EPS.
manage to get some yesterday at a lower price....Still holding six digit number of Pantech shares...I didn't sell even a single of Pantech shares even though KLSE is in the sea of red...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
sephiroth
14,145 posts
Posted by sephiroth > 2013-08-22 14:26 | Report Abuse
Borderline penny stock, waiting at 0.95