Qtr result dropped too badly at negative (-) at 82.53% is no joking..... the little drop is considered a big consolation . But u must watch out for the rest of the week only can confirm whether it has stabilized.
Anjoo n masteel performed better than ssteel . Dubious explaination for the below expectation qtr result giving rise to more questions than answers . Thus the confidence level sapped.
If you fear or confuse, 1.57 probably still expensive. If you understood and knew what happened, 1.9 can't say is best/ lowest entry point but is fair to collect some.
Yes, during end of March17....SSteel price lowest dropped to 1.15 due to uncertainties but I still believe what leoting said and tahan it....Now the price at 1.9x due to 1 quarter poor result, I have no reason to sell as we already know the incoming steel sector is bright...
for your info.. only those who are stupid will doing the disposal by nw at range of 1.90 level.. now is time to buy more and more ..not to do the opposite.. bear in mind ..those who have faithfully followed my call since 1.20 level .. will know wat i mean .
The problem lies that the 2qtr reports proved that the co is going downhill April qtr -12+% drop Aug qtr -82+% drop Nov qtr ? Feb qtr ? U can't do business in this way , there must be a limit to the drop but it becomes worst with coming qtr...unless u put a stop to that or else the confidence will be gone...
leslie, OBVIOUSLY you dont knw how to invest?? the most important one is to have the ability of foreseeing the future prospect , not merely depending on historical data..
You guys are wrong. Leslie might be the one being paid by people with interest to do all the unethical works (such as spreading wrong onfor and negative news so that people are selling to them at lower price
Although it drops so much today but I stil keep it instead of selling to those jokers. Jokers if wan my share, pls pay me high price to temp me sell to u. Btw, thanks Leo n Edwards for keep sharing their knowledge n information.
When the price is not low enough, someone will throw more to push down the price to force more people to sell in panic. U want me to give u a lending hand?
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....
smallinvestor88
11 posts
Posted by smallinvestor88 > 2017-08-25 11:40 | Report Abuse
fully valued? haha
Based on PE, Annjoo more than 10, Masteel more than 9.5....and currently Ssteel not even reach 9
FYI: ssteel less than 10% of its share move in the market, and today only half day almost trade 1% of its share on the market