Last quarter only 3.4 million profit . What to cheer about ? Price gone up because they need to push up so investor will pay for the rights issues . What happens after the listing of the rights ? Boom! !
if that is the case, better take profits now, right?
"skybursa: Last quarter only 3.4 million profit . What to cheer about ? Price gone up because they need to push up so investor will pay for the rights issues . What happens after the listing of the rights ? Boom! !
After you bought the rights issues & later listing & you see whether the price can be sustainable or not?. Latest quarter result less than RM 4 millions . Nothing exciting about knm.
Those who had not subscribe to the rights issue can start selling the OR... OR if not mistaken will be trading till friday, BUT USUALLY IT IS BETTER TO SELL ON THE FIRST DAY IT SELF AT 9AM WHEN MARKET OPEN,, THE PRICE USUALLY IS HIGH AT THIS TIME...IF YOU WAIT PRICE WILL GO DOWN
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....
RAYdiant
600 posts
Posted by RAYdiant > 2015-03-26 09:46 | Report Abuse
volatile as the crude oil prices.. be watchful..