Hahaha...KYY is promoting buy call on Johortin n sell call for Canone...so use your common sense ladies n gentlemen...remember every investor, whether big small fat ugly has only one COMMON objective...i.e. to maximise the return on his investment
If u believe the formula of koon koon n otb,mayb u can consider to buy now...i think koon koon's average cost may not b that low as compare to current prices....
Kk123 wanna buy back johotin at 1.50...the same price he sold early this year....i think he may b able to buy so next year....after 1 for 1 bonus issue or share splits etc etc...
I think this company overvalued already. Low profit margin and facing high competition. Profit not much increase even though increase in revenue. Unlikely to benefit from low aluminum price as purchase is in USD. I noted that its borrowing also in USD. Strong USD will hurt it business as most purchases in in USD.
Over reaction? Cannot say like that....price was being pushed up from RM1.30+ to RM2.80 in anticipation of a greater Q3 result (EPS RM0.10) but end up with RM0.03+, while all other competitors were doing very well in their Q3.....
Till now still nobody could trace where the potential gain from low raw materials n weak RM gone....X File......
What benefit does it give everybody if it goes below rm2? I just couldn't understand there are people out there who try their best to scare other market participants by talking it down. Had these kind of people use some sense or learn how to read some fundamentals.. things would have better. It is all these nonsensical negative vibes that bring no benefit to the market
Once breach $2, the next "strong support" is @ $1.80 then follow by $1.60. Once or if it reach 1.50, those who like susu Tin Johor cap Murali - can enter ..
Seems like the strong support is > RM2... don't be silly... this is only going to be one way up. Internal news said this quarter going to be very good performance. Stay tuned in February when they announce. Time to collect now.
Market should be bullish now because Christmas season and NY will boost the demand for tin for sure. and also CNY is coming real soon, the demand for this quarter should be good on all these festive season.
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
5,723 posts
Posted by murali > 2015-12-04 17:28 | Report Abuse
http://klse.i3investor.com/blogs/koonyewyinblog/87588.jsp
Finally I knew he is in the same boat with me now...