Do you think the analyst who trumpet to the world that the company is very undervalued is very good hearted?He has his own agendas. He did not own you anything and why should he tell you that the company is going to privatise? It is a hard work to assemble all the figures and facts about a company to make you believe what he wrote
portfolio managers will do a rebalancing of their investments....that's why u see the heavy vol...also dont forget this is shariah compliant stock so local funds will start whacking...
Hope the majority shareholders will not take KPS private. It is better that it remains a listed entity. We will reap more profit from its tremendous growth. It is so very undervalued. It is only trading at a PE of 22 whereas its peers are trading at about 50-60 times.
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sheep
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Posted by sheep > 2020-12-02 21:31 | Report Abuse
tomorrow lots of shares due,,,,,queue buy at 0.90 sure win...wakakaka