The PAT is in uptrend since 2012. Arank management is doing a good job every year. Should not only judge by the quarterly results, so can accumulate slowly when it is thrown down some more.
Arank is already in correction mode - so if its stay this way or sideline for the next few weeks.. then dont expect the current price to go below. THe current price is very WELL- SUPPORTED!
Like the article posted by Mr kcchong , 'When everyone is making (big) money, and you don’t: kcchongnz'. I am using the same approach, not shaken by the fall in share price. If the company meet my expectation, the sell off off time is the best time to buy and keep as no one fight with for the entry price. In long run, I still will be rewarded.
Don't think it will go to 0.8 as it is already in significant consolidation , Arank is in good financial health , the best total asset turnover among it peers. If drop to 0.8 then will be a GEM selling dirt cheap.
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....
reiki6
229 posts
Posted by reiki6 > 2017-03-30 15:54 | Report Abuse
arank drop bcos of ???