according to the record Q4 normally is the strongest quarter in FY. If PIE is able to collect back the doubtful debt as mentioned in Q3 QR, it may record a historical high earning in coming QR.
after reading report and comment from others, i think that the coming quarter should be good. 1. Normally strong order at the 4th quarter. 2. Get back the money from impairment 3. Low affection from the strong ringgit
Syndicate is manipulating the share price here. Have to wait till qtr. result announcement. They will start buying from those who panic. Accumulate as many shares as they can before the qtr. result comes out.
Only penny share can attract syndicate .. N volume is not there... Those blogger like Harryt30 n wswt talk good on this counter before .. Now all silence ..but wait for qty result
It cost less for the smaller syndicates to manipulate b'cos of the low vol. Easy to sell the share price down. Like today until now can accumulate 123,500 shares already. So many days in the past few weeks they have been buying over 100k shares in a day. I can only prove to be correct after the qtr. result is out. Those who panic now will sell to them. They are capitalizing on the investors fear. If you have done your research and knows the fundamental of PIE is very sound then there is nothing to fear. PIE can have good dividend pay out as the co. is debts free. Now the investors are uncertain whether the impairment loss can be reverse or not. Syndicate are capitalizing on this. I shall hunt the Ceo down if he cannot recover the debts as he said that the impairment loss was only a technical issue due to the change in it's client accounting policy in paying PIE.
The same thing happened to Supermax. Sold down to 1.70 on news that Ceo were to be imprison. Supermx fought back by buying back their own shares. PIE should have done the same thing.
Profit was down b'cos of the impairment loss. If you were to add this back to the profit then it was up by another 11.2 mil. Which is very much higher than the same qtr. last year. Ceo told shareholders that the impairment loss will be recovered by year end. If it is not true then he is giving misleading information.
I’m stocked at 2.20 and I’m still holding it, been losing a lot in paper loss now! May I know what’s the problem to this share? Company good, debt free and seems nth wrong I’m not sure if I still need to hold it Could someone enlighten me plz ?
Jiunn Hao thanks but I so far don’t think it’s the bad company base on the business prospect and and everything But I jz don’t understand why it keep dropping ? And it’s kinda shaken me
in the past 2 years when mr.market is overly bullish, tech stocks have their biggest run up in their lifetime
right now, mr.market emotion has just turned the opposite....how long may that be? no one knows...he can be emotional for short term or could be long term
always buy when u feel risk reward turns to ur favour...protect ur downside
Jiunn Hao May I know do u know why now the tech stock dropping so much? What’s the reason behind? I’m not sure if it will ever go up anymore But I’m stucked here , really don’t know what to do. If cut loss it would be too hurtful for me
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....
slts
2,236 posts
Posted by slts > 2017-12-18 11:05 | Report Abuse
damn sleep so long