Nothing strange - if only people buy after looking at all the quarter results from early this year. But lots of buyers are hoping for limit-ups. So we see a huge price fluctuations - punters who throw so that they have enough liquidity to move to other counters they think will have a limit-up. If one understands the harddisk business, then there is no worry. RM1.35 is a bit far a target, but easily it should be revalued at 0.85-0.95
I'm praying for the next few quarters to have good results. As it is the impairment losses from the previous quarter and forex gain is causing a lot of noise on the financials. Sales are up, but not much Adding salt to the injury is the ESOS that's happening more frequently.
Actually it drops today due to political uncertainty, the opposition wanted to overthrow current gov at thru persidangan bajet 2021. But they failed, that is the reason why it JCY rebound as soon as the bajet 2021 passed.
PN just affirms their majority today, so expect market rallies tomorrow. Yesterday n today market drop due to negative political sentiment. - not buy/sell call, trade own risk-
ESOS at RM0.25...what do you expect a gold bar ka? Don't waste money buy this useless counter which doesn't care the share holders. If ESOS at 15% - 20% cheaper its normal but this is ~60% cheaper than average price of RM0.60 which is something need to be think.
So based RM0.25 of ESOS the average open market price should be somehwre ~ RM0.30 only.
Brent reach new higher today due to positive sentiments of US stimulus and vaccines, with budget 2021 passes and PM affirm his majority I believe market to be super green-ish today. The catalyst is super strong today (in US tech carries dows), lets see what carries bursa today. Im excited to see
ESOS price tells the true state of company. Pity those chase it at higher price. This is the reality. Do some background study and don't blindly follow others chase it.
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....
Anaksarawak
166 posts
Posted by Anaksarawak > 2020-12-14 15:57 | Report Abuse
So unfortunately i choose JCY...
If choose dufu..we big earn already.
Choose JCY, let me hurt