shauns...based on ur assuption n analysis...at this current price would u reconmend to pursue further..ie go for split n bonus excercise...??...ps...will not hold u responsible for our own final decision to buy or not...tq
Long term investors value growth. Price retracement is seen as opportunity to pick up more stocks. Day trader value rumours and shun news be it good or bad. Cab is a growing company with very healthy potential. Just wait 1 year down the line and i think investment would at least return 50%. No need to risk on goreng counter.
Anyway this reminds me of shell. I bought at 2.0 then it rise to 2.67 before sudden drastic drop for 2 or 3 days to 2.43. I sold off all only to see it rise non stop to current price of 4.3. Really a big regret.
Only 1 person can decide stock movement price.... sharks. The rest all just guess only. What if sharks buy back from all of you and move its price to 3.00 today? Will never know the true price. But on long term basis will follow fundamental.
Leadtheway, it depends on whether you are short or long term player. Long term investors see opportunity based on the low PE, increasing revenue, nice ROCE. Short term investors see price movement and ignore the fundamentals. Company with good fundamental will correct itself according to the price in the long term run. Based on the expanding business and current price, it is still at a big discount.
As investors, we do not buy share at higher price but buy at lower price as fundamental is still strong and can foresee EPS in future ( if the price lower after correction. Nowadays, insiders has been taking profit that I know.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3388 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
elbrutus
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Posted by elbrutus > 2017-05-13 18:24 | Report Abuse
shauns...based on ur assuption n analysis...at this current price would u reconmend to pursue further..ie go for split n bonus excercise...??...ps...will not hold u responsible for our own final decision to buy or not...tq