Technically it it keeps above 2.73 by 16 /11 it should go higher. graphs say so. But humans have their own minds n ....sometimes fear some times greed blurs the vision...thats why market goes bumpy.
The price would surf above RM 3.50 when the company announce better Qtr results and dividends follow by corporate exercise such as bonus share or share split to enhance liquidity.
Big players were trying to shake out weak holders. This is one of the way to accumulate more shares in the open market at cheaper price. Fundamentally, YSPSAH commands good prospects even in short term. This counter remains undervalued among pharmaceutical companies.
tc88. By looking at revenue and PBT growth rate more than double digit for the past few quarters, YSP is not seen overvalued even though the share price shoot up to 3.5. At the price of 3.5, its PER will be 20x.
Turnover 30 Jun 15 - 50,6m ( + 10% ) 31 Mar 15 - 59.3m ( + 15% ) 31 Dec 14 - 54.9m ( + 13% ) 30 Sep 14 - 49.8m ( + 7% ) 30 Jun 14 - 46.1m 31 Mar 14 - 51.4m 31 Dec 13 - 48.8m
tc88. It's even weird this morning. Someone parks 400 lots sell at the price 2.58. If the real intention is wanted to dispose it off, why not keep selling at lower quantity.
Opportunity for accumulating at current level of price. Focus on the growth of the company rather than the fear exerted by FM selling. The selling pressure will come to pass unless the company is not doing well.
this company is cash rich with strong fundamentals. Also the yin energy for this stock is very good and i expect it to do well for 2016. It has fire element which goes very well for Fire Monkey 2016.
up-down N birkincollector, , how do you identity big shark is playing and trying hard to shake out weak holders ? what are the symtom? is it because the price not up and maintain at low level?
In 2nd Qtr 15, YSPsah enjoyed forex gain RM 800k when RM dropped by 1.8% from 3.709 to 3.776. What is the amount of forex gain when RM plunged to 4.393 ( 30 Sep 15 ) or 16.3%? The amount could be beyond our imagination.
Bear119. Few players have being trying to press down the price when higher buying price appeared. They hardly park a size able volume waiting for selling until 4.40pm. More than 100 lots were parked for selling but this quantity was disappeared before entering 4.45pm. The sellers want to manipulate the prices and created the big volume today.
This counter used to trade at low volume. I think the sellers were purposely sold down the shares to create a panic situation so as to collect more shares. I don't have any insider info about the financial results of the company. But base on the past few positive quarterly results and depreciation of RM, I believe YSP will be doing very well.
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....
funitec
639 posts
Posted by funitec > 2015-11-04 11:38 | Report Abuse
Technically it it keeps above 2.73 by 16 /11 it should go higher. graphs say so. But humans have their own minds n ....sometimes fear some times greed blurs the vision...thats why market goes bumpy.