Gamuda22.. I really2 hope & believe VS-WA will rebound to 55 cents but it's matter of time. I remember when MALTON-WA down to 10.5 for almost 2 weeks then it rebound to 34 cents within just 1 week after that. Let's pray together guys..
Johnson, I hold 300 lots when wa @ 1.30 and ave down till 1k lots @ ave 80c. Had short trade along ups and downs and after bonus ave 67c. last 2 wks sold 90% total loss -20K.
Plan to buy bck 1.5k lots @ 150,000 shares x 30c = rm45k
TP 50c by Sep'18/Oct'18. Will sell 100k shares x 20c profit = 20k (recover loss). Keep 50k shares by Nov'18 and convert @ 1.32 = rm66k. By Dec'18, 50k will bcome mother share.
Gamuda22, no prob rebound to 55c. I even confident to reach 60c by end year. However totally depends how high investor would willing to pay for its value.
Lets say FY18 as below: Q1=45m Q2=45m Q3=30m (estimate) Q4=40m (estimate)
If Q3 really 30m and below, then Q4 will the only hope to support. Must earn above 40m to boost confident and bring it to pe20 value.
But if mrket continue dull like now, logical pe wud be 15 or below. At pe15, wa w/o premium stand at 10c!
But 10c wud impossible bcoz at 30c and below, premium normally will not be 0%. In this case, 30c-40c is fair price.
We have to pray for below :- 1. Q3 not below 30m 2. Q4 will above 40m 3. No increase in min wage this year and next year. 4. Trump will not make crazy action etc. 5. Foreign investor coming back on 2HFY18.
Trump's Rhetoric trade war...fell lower than April 4...bought on Weakness... hahaha...!!!...n... Will Sell on Strength...no point talk east n west...wasting time... hehehe...!!!
If you just in, current price is the price for mid FY17 which is very attractive.
VS customer based very solid. Its just a matter of product turn around (old model out new model in) to catch up market and boost sales.
Coffee maker is competitive product in us and dyson vacuum always challenge by hoover and others. To remain at top, they hve to diversify to health and hygiene product which can be seen in market later.
Going from cable to cordless also will benefit vs for its batt pack and pcba. Cables are outsource frm 3rd party.
I always like vs and dont think fund will continue dumping and ignore for rest of year. At certain point they hve to buy bck for its value.
i just bought 80 lots at 1.70, seem like bought at wrong timing. The QR delayed and seem to me pretty bad QR, the price keep on dropping may due to huge number of warrant conversion to mother share for past few weeks
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....
enjoyinglife
143 posts
Posted by enjoyinglife > 2018-06-19 16:07 | Report Abuse
Why drop so much? I can’t believe.