The share capital 50m still have to take into account major shareholder, Yayasan bumiputra 30% + another major shareholder 10%, therefore, only 60% share are free float or 30m share volume. based on today and last 2 volume lump together all about 30m share too. Therefore, the entire free float volume 30m share have EXCHANGE hand now, further downside risk is LIMITED.
Today the sellings are less aggressive especially in the afternoon session. Tomolo may be exciting...this stock can easily be pushed back up to above rm2 due to the its small no of shares. Get ready your popcorn ya, hehe
EPS about 29 sen. Compared with last year correspondance quarter, profit still increase 73%. Cheap at RM 1.62. Luckily i sold at RM 2.60-2.8. Today started to buy back and will continue to buy tomo and keep for some time.
[hng33] bought back all master at 1.62 03/03/2020 3:57 PM
Did $1.52 low frightened you this morning?? LOL....i tried to warn you about the sell off yesterday.....again like what Mr. [88luckybull] said i also "HOPE" you are right about the limited downside from here......LOL
[Primeinvestor] operator is collecting at 1.60 levels, they will squeeze you dry 04/03/2020 9:49 AM
if operator is so smart we as investor must be extra cautious too....if not could easily fall into their trap.....just look at the movement these ppl attacking at multiple direction.....so damn fast lightning speed......LOL
Agreed they will squeeze all first. Most likely they will not abandon ship as paid up capital is small and company has been making good profit and very low PE. Potential dividend and bonus shares coming...
i doubt they will abandon, they will drag, master likely can make RM10-14m every year. At RM80m market cap, net cash of RM20m by end of year, this stock is too cheap
[sheep] Should be announcing dividend end march...5 sen 04/03/2020 10:14 AM
i don think speculator care about dividend. myself for sure. why take dividen and get taxed 25%. long term bag holder maybe yes....but yes its good to know they are paying ofc :))
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....
KAQ4468
21,497 posts
Posted by KAQ4468 > 2020-03-03 17:31 | Report Abuse
apa lu cerita Ah Heng Ah Kong ???