stupid politicians that cause of so many lousy debt and political issues that scare away all the foreign investor fund. CHEW takes years of effort to attract and convince those fund to invest into company but now they left due to the stupid politicians
but still i still think wellcall is a invest-able counter.. still can see the potential growth after new factory complete. i will continue to buy when it is cheap
Look at the buying queue volume and selling side, the seller is some big fish that pull the price down. Majority holders just relax only. The price is very attractive now.
different person in charge, different in belief, different in capital allocation, different in dividend policy.. u'll realize why foreign funds sold off when dividend is not what u're expecting
There is no right or wrong, the deadline of submitting quarterly result is end of this month. Let us see what is happening inside the Company as all the small fish wont get first hand information. For Mondrian, they hold a LOT of units, latest units after acquired is 32,650,750 units (after splitting units), after selling for so many times, they still own 26,587,400. Let's see is it political drama issue or Alex resignation issue. Up to last quarter, the Company is still healthy.
As for Huang Sha, who holds a LOT of units and getting luxurious dividends every quarter, I believe he will also suffer if the dividend policy changes and all the others majority shareholders. A strong explanation should be explained if it is not because of losses in operation.
One-time reallocation and operating cost will be huge, might impact last quarter's result.. Without a financial strongman like Chew in control, aiyaaa really hope all will be fine
so at the end only three possibility ..... 1. director selling. 2. change of management or internal issue. 3. foreign fund selling
i got it from RHB BURSA MALAYSIA TRADE STATISTICS - 21 MAY 2015 Participation Bought Sold Net (%) (RM m) (RM m) (RM m) Institutions 59.0 1,420.7 1,276.3 144.4 Retail 20.7 484.6 460.9 23.7 Foreign 20.3 379.7 547.8 -168.1 Total 100.0 2,285.0 2,285.0 0.0
@Invest1188 below 1.80 got lots of matched vol and ppl trying to support it ...
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Posted by madguy > 2015-05-06 04:33 | Report Abuse
So quite edi recently