Genting paid 200 million for chief only sees its share price dropped from above $10 to touching $3 while genm from above $5 to touching $2. In short, market is just provides a good platform for willing investors (gamblers) to be sucked. Lol.
If we look at 4.45 sen YTD EPS and if Q4’20 EPS continue positive (Q4 usually a tough Qtr for Pelikan after school open completed), Pelikan is much better bet than many listed so called ‘hot’ companies in Bursa! Furthermore, stationery biz are so much easier to manage and predict as compare to many others.
Confession: I own some Pelikan shares pick up last 2 weeks.
It is be collect so much. I believe Very less quantity floating in open market now. Check the graph & OBV indicator. From early 2020 to now,OBV show increase vol.. No green shooting star candle with huge vol. 1 year it be collect... Will it do for window dressing? I juz buy yesterday.. If holders can hold 1 year,i must set my mindset to hold 1 year...
I wish you are right...but it depend on what is the projection for Q4'2020 EPS. This stock 52 weeks high is only RM0.59 even though its NTA is RM0.75! The company has not been very successful in last 3 qtrs to expand SEA, Far East include China and Middle East business.
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....
Stonecold
289 posts
Posted by Stonecold > 2020-09-28 11:10 | Report Abuse
come on.kita up sama dia