if u guys notice.....f&n and nestle also been dropping non stop this month...same pattern like ql.....out of no reason what so ever....all related to food consumer counter....
KUALA LUMPUR (May 27): QL Resources Bhd's net profit jumped 165% to RM114.06 million for the fourth quarter ended March 31, 2021 (4QFY21), from RM42.98 million a year earlier, on better earnings across all of its operating segments.
In particular, a RM79 million one-off gain from the remeasurement of its previously held equity interest in Boilermech Holdings Bhd also lifted its bottom line, the group said in a filing.
This quarter fund performance all will be so garbage. Of course everyone is rude. This market is not looking good. Pumping stocks up to dump. Look at the market condition today. VERY unhealthy
price dropped this week probably due to some s*hai panic selling due to scare of inflation?? this is food stock, will surely be resistance again inflation.
No longer a good long term investment. All the medium term catalysts have been used up. Moreover, retail F&B is a dying business and the poultry industry is getting more and more competitive and crowded
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....
kpowersohai
249 posts
Posted by kpowersohai > 2021-06-17 15:17 | Report Abuse
the lower the price dropped, the higher the selling volume.....who the hell selling for such cheap price....