selling now ? Last time maybe I will do that... But now I am older and more patient... Just look at Latitude, Poh Huat, Lii Hen, etc. They all went up 200% to 300% (Latitude 500%). Johotin has just gone up 73%. Maybe we should stretch our imagination a bit and dream bigger.
Syee. Remember. After robbing the bank. Sucesssful to grab money or not also must run. Dont hang around wait mata catch u. Like johotin-wa yesterday. wakakaka.
Haha, Zbaiktree, no, i go to Supermx already for short term too, still follow back to the classic way, fundamental analysis. 1) I hardly believe "everyday chine new year, theory" , Johortin , Risk is high now + profit may low if i IN now. 2) Fear > Greed now. 3) Head and shoulder for TA.
Posted by kk123 > Aug 23, 2014 12:55 PM | Report Abuse
well Able dairies products is exported overseas . This is a stock with fundamentals and dividend. and not much debt. Don't get too emotional if later the share move up & u didn't buy. The contract to build their new factory is given in 2014 , so it's no brainer u build any building , they have to do piling first , before the building works commenced .. once operational then the revenue will surely increase.
Posted by kk123 > Aug 23, 2014 01:27 PM | Report Abuse
They sell locally but mostly Exported . Well not much point for them to compete in local market which have at least 10 brands. Overseas in third world country is where they can make lots more ..As locally not many people consumed this dairy substitutes .. Except in their teh tarik.. But imagined how much more the population like in Vietnam , Cambodia , Indo etc the demand will be exponential compare to locally where high competition and not much growth ..
Posted by kk123 > Aug 23, 2014 01:35 PM | Report Abuse
It looks good for export market..I am sure the dairie business complement their tin and packaging business as they can pack/tin it themselves .. Reducing cost.. This is for long term .. U can't expect them to throw their condensed milk in local market and make same margins as overseas Overseas more lucrative
Last time after the second quarter results, the mother share jumped 26 sen. Please wake up mother share and lead the son and not the other way round. Today JOHOTIN-WA closed at 0.86 (equal to the previous new high set on 11 Nov 2015) but mother share still stationery at 2.62.
Now is with resistance, Unless there is special news, My expectation will be bound a little bit more after this financial quarter result announce. Current risk to GO IN now is high, i highly recommend to watch it carefully and cautious wait for any good news to announce.
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....
murali
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Posted by murali > 2015-11-13 09:36 | Report Abuse
I think a lot of short term players disposed their son yesterday...hopefully the worst is over by now