ARBB reported significant jump in profit but share price continues to fall. Profit without dividend is as good as no profit. As for this, if profit surge without dividends, it will be very unreasonable as it has abundance of cash. Anyway, good for trading.
Not sure what jeffreyteck trying to say... Dividend won't guarantee the price go higher for long.. There are many more factors to that.. business growth does.
Strong resistance at 0.165 or persistent blocking, how much reserves in their bags anymore left to defend that level. They may not dumping huge knowingly less profit. Their profit higher-ups if waiting queue at 0.170 rather than create resistance wall at 0.165.
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....
Kopimilo
746 posts
Posted by Kopimilo > 2020-02-12 15:06 | Report Abuse
Got flash sell too.