Market situation is challenging so have to sacrifice margin to secure sales on the other hand revenue increases that shows the volume of business is also increasing .. this counter is organic grow..
Resistance at 0.78 level. No panic selling despite "negative" sentiment expressed by some investors. The price should hold for sometime before uptrend momentum kicks in.
everyone take bonus shares for granted...pocketed already still think the number shares floated are the same...if you priced in everything..the results are still superb in my opinion despite the lower margin and higher sales volume. The next quarter is going to be even better. earning visibility is there and company is making more money every quarters. Fulfill all the golden rules of investment.
Stock market is a place where the optimists buy from the pessimists. If the counter does not meet one's criteria or valuation, disposal is a choice on the table. Now, valuation is subjective especially when emotions are put into the weighing scale. Some might see the hidden gem beneath the dirty crust and vice versa. That being said, this process is the exciting part of stock investing/trading.
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
optimusprimeXV
1,104 posts
Posted by optimusprimeXV > 2017-08-16 09:03 | Report Abuse
Market situation is challenging so have to sacrifice margin to secure sales on the other hand revenue increases that shows the volume of business is also increasing .. this counter is organic grow..