Current share price already factored in everything be it good or bad for the QR result .This is why we always see the share price goes down if the released QR is good and goes up when the released QR is bad. Anyway, I think this share is about stagnant at current price and it caused me so boring without excitement. Going to upload all on next Tuesday regardless up or down and find more interested / potential counter.
XDL financial results is commendable in spite of the Covid 19 pandemicc as most companies on Bursa Malaysia reported huge losses .
The fact that XDL managed to made a profit in these extremely bad times is proof that the company is well managed and its financials and balance sheet is strong.
Its share price should improve after this results. Immediate resistance is at 0.10
The share price is confirmed undervalued . Just that it is unable to attract big players to join the party causing the share price hovering at narrow range. It’s too boring ...all in more than 1 month ago and keep thinking week by week that it may go up significantly soon but the fact is it keeps sleeping there. Don’t know need to hold until when then can hit 0.1 and above... feel disappointed being a loyal supporter of XDL.
Relax bro...the price is stagnant as investers concern about the report can not come out and worry about the risk being delisted. Now the report had out, stil can get positive earning during MCO, much more better than expected. The risk had been cleared, the bright future just began...more good news is coming...limhong, welcome back, XDL is safe now, the report is out already, no more worry...
Don’t sell until 3/9 meeting and good news may be announced then - buyback & good news on PPE and masks >>> Ding will not be rich at this current price 0.075 and his wealth is just merely less than 100m if he conned us to sell below 0.075. So don’t worry about this and he will use part the reserve to buy back shares above 0.10 then we all run then ok
One day the price needs to go up substantially for the bosses to achieve their goals and the coming buy share buyback exercise will help them on this. Just be alert on the right time to debark the ship ....
Worry unable to release qtr results and on huge loss as other companies were clear ! Just a positive push from coming meeting to break price above 0.10 then decide on your own to sell or keep ...
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....
fl888
7,751 posts
Posted by fl888 > 2020-08-28 13:29 | Report Abuse
7cts buyer all operators , like sharks Makan all force sellers, later reward all those who kept at 7.5cts...