Hi Gurus, may I know that is it a good time to accumulate this share, since europe market in a step to recovery. Some more the price for ASIAFILE consider lowest range at the moment?
On Jan 2014 Asiafle trading at RM4 no one interested to buy, after nearing / hitting RM10 in future they might announce something like bonus issue or share split. That time all retail investors will chase.
Don't worry. Asia File remains as No. 1 files manufacturer in Malaysia. No. 1 manufacturer in a sunset industry is usually good. Asia file does not need to compete with many new comers as it is in a sunset industry. Most companies still use a lot of files in this digital age.
ASIAFLE Despite being a cash rich company with consistent revenue, ASIAFLE shows lack of growth and it's the definitely not the "Sexy" type you are looking for. However, the plunge of share price from RM 5 in February 2016 to RM 3.60 at time of writing suggests us value may have emerged with the better dividend yield. http://www.stockifyblog.com/single-post/2016/10/21/Cold-Eye-shortlisted
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....
necro
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Posted by necro > 2012-09-15 22:22 | Report Abuse
hmmmm