Retailers pls run, it will drop in next couple of days or even weeks asits share has been snapped by syndicates from as low as $0.6 top $2. The products are substandard, sued by customers.Run before these syndicates run
Tin manufacturing is a sun set business. The co actually manufacture tin as container for biscuit n lam soon oil. REcently all container mostly replaced by plastic. That' why it venture into F & B.
People always say cold eye is holding it, so no worry. But pls remember, cold eye is human, he makes mistake too. And how do you know whether has he sold it? He is not obligated to tell you if he wants to sell it. Yes, you can check the share holder column, but sometimes it is not updated. That's why it's important to make your own decision, not always depends on cold eye or others
going to drop lah till 1.38. Wait and see....Do u think they r going to announce dividen in next quarter? Very very hard. Chances going down is more higher than up.
It's well supported and a company with good fundamentals Those moron who sold earlier must be hoping it drop more so that they can buy cheap However that didn't happen .. It has good support at 1.50 I have bought 1.47, 1.48 , etc now just keeping for It to go up
Fully agreed it is a good fundamental company with consistence earning around 5 to 6 sen per quarter.
Let's say the last quarter losses took off ~5 sen from the full year earning. If the quality issue doesn't spread into next coming quarter and with similar earning, full year EPS should be around 15 sen.
Historical PE is around 7x. With this, it translated to target price of RM1.05.
If similar historical gearing ratio applied to WA, it would translate to RM0.20 for the WA price.
well, price stable at RM1.50. still more than 2 months to go before the next quarter report out. let's see if any good news from this company that will bring the price up.
Don't listen too much from him la.. every time after he buy, then only publish and recommend us to buy.. Every time after he sell all the share, only tell you he sold..
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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....
MG9231
806 posts
Posted by MG9231 > 2014-08-25 15:54 | Report Abuse
Retailers pls run, it will drop in next couple of days or even weeks asits share has been snapped by syndicates from as low as $0.6 top $2.
The products are substandard, sued by customers.Run before these syndicates run