[hng33] bought master at 1.65- 1.68 03/03/2020 9:43 AM
if you buy stocks because it got hammered & down for various reason i.e margin call....without guessing the bottom correctly.....5 out of 10 times you will lose money frankly this is no a profitable strategy. just my experience.
Compare same industry. Seminconductor P/B around 4.0x. As for when it will limit down, that depends on the short seller. Some may stay up there for long time.
Yeah pb just means that master is more efficient, net cash, cannot be at this price, the owners were buying at this peice previously, they sold about rm2
Look at the huge volume today and still on down trend. Do not expect it will rebounding soon. Big players are going out. Next support for MASTER is 1.61 and 1.19
You are welcome sir, this guy most possible all in at morning 9.35-10.20am, then he scare losing money, so keep comment at here, to let other people saw, and some may already follow his step, so he can take that chance to run out, such a bad heart people, yew! ----------------------------------------------------------------------------------- BullRun_93 oh.....i did not know mr. [hng33] sold already........
Please take note, matser-pack total share capital only 50m, but today have 17m or 30% volume exchange hand already. therefore, further downside risk is limited.
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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....
Sneakpeek
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Posted by Sneakpeek > 2020-03-03 09:04 | Report Abuse
Today all counter green except master...