no relation...previously they had a fake notion of taking over or jumping into O&G...solar etc...what i mean is look into O&G counters...foreign owned or you know what not to buy
I previously mentioned that Nihsin will grow itself to bankruptcy, people says im bullshitting. So let me tell you a story to BS you more. Enjoy
10 years ago in 2005, you bought 1 share of Nihsin which is selling for RM0.34. You went coma, wake up today. You asked 'Does Nishin still exist?" Yes. "No bankrupt?" Altman Z score is healthy. "How does my 1 share perform?"
As you remember you bought RM0.34 a share in 2005. Since then they make money most of the year, lose money a few years. They made RM0.13 per share in total, they give you dividend of RM0.064, 18.8% of your cost. Niceee.
But unfortunately Nihsin is selling at RM0.305 now. Although the dividend reduce your cost to RM0.276, well you say at least I still make money if I sell now. Oh wow not bad I make 10.5% return for the past 10 years. Or about 1.05% a year.
Maybe not so great compare to fixed deposits. If you take into the account of CPI and decreasing of purchasing power due to inflation by average of 3.25% a year, hm well at least I am not bankrupt!
JT Yeo see u in maybank ok. Stock move up also say banckrupt. If want bankrupt, where the money owner got to do share buy back. Dont be stupid la. If price will move up back, will u show your face? talk cock, your analysis really bad.
Sorry my correction, in case you didnt get my story, the company of course wont bankrupt since there are silly investors that invest in them. The company wont, the investor will.
Of course the price will move back up, it's been to 50 cents before. The history of the share price is a fact that it goes from 0.335 to 0.30 in 10 years.
Yea of course they have money to buyback. But please ask what's the point? Profit margin goes from 31% in 2005 to less than 2% in 2015. Profit goes from 18 mil to few hundred k.
I find it irony rather than find a way to reverse their business, they decide to buyback!
Well hmm since you are thinking with your head, so you can tell me why the share price hasnt moved in 10 focking years?
Im using my ass to think and explain, but you cant understand with your head. If I use my head to think and explain, that will be too much for you.
year end closing 0.28....i think .now i undertand why Jt Yeo ....angry.....nihsin really can be touch....luckly not go to hold for long term and buy back this few days...delete from watch list... nishin can not be invest for middle even short term.bye....happy trading for all window dressing
aiyah why quarrel,,,you make some i make some too, if u lose some i do too,,,that should be the spirit...anyway why mgmt buy back??? All for the same reason...share is under priced that is the first basis, secondly future prospective earnings...no other 2 ways abt it,...why CCB buy datasonic from 1.01 to 1.16 for the second reason..well for the first, why underpriced??? make your own decision to buy or sell!!!!!
yes..if you time it will go up just buy and if not you may search for other counter as well.nothing to quarrel as we having the same goal of earning ang pao money.
Disposed all my holding in this useless counter and change to Ktc ... Stupid operator dun know how to push even KLSE advance in three days ... Keep dropping .... Go fly kite lah .. Follow chy72 delete from my watch list .. Sad : (
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....
DaitoRyu
1,459 posts
Posted by DaitoRyu > 2015-12-22 16:13 | Report Abuse
Not too big, that it can't be done fingers crossed.