Property market is soft, if people only can demand for affordable home, there is less unlikely will be demand for luxury kitchen set. Yes unless you want to wait for another cycle which is probably 6-8 years waiting..
AGM minutes showed mainly to approved director fees, few hundred thousands pay out to them. and to appoint who and who to be director or non-exec directors.. etc If anything not listed as resolutions, there is nothing to be serious at. just story and stories.
As matter of fact, the company has to make money not selling assets. Now is been long no seeing new business coming in. Kitchen design has emerge many new competitors in market. Market sentiment is soft that is the fact.
0.655 KLCI at historical highs but this counter is at 52 wks low, and breaking lows every week coming up to CNY. I think signature is no longer a "market leader" for kitchen design/manufacturer.
2016 Forbes Asia’s “Best Under A Billion” list. Karex Inari Amerton Mitrajaya MY E.G. Signature International Just in 1 year, both Karex and SIGN now in Holland already. Lol
@momotrader you can compare Malton with Plenitude.. its the same.. Market Crash is expected this year.. not just Malaysia itself.. Just brace yourself..
I regret for not hearing to my sis's fren advise.. He did mention this year will be a tough year for Bursa.. Turns out he might be right.. hopefully he's not LOL
Guys, sign is currently trading below pe 7, below book value. Company is earning every year, with competent management. Once company sold the land, will become net cash company. The depression right now is due to slower property market, but they are mitigating by targeting more on retail. Don't u all think it's good time to collect cheap now?
@yoonyeaplower there is no price support. the management thinks the market is efficient to eat up any low prices. but it's not. They should support the stock at certain prices. Now most of the institutions have relief themselves of this counter.
darrencheow, tell me if my statements were wrong when i said management should support the stock at certain prices.
Look at the fall today. This simple fall goes to show, (1) management does not support the stock, (2) the staff who owns the stock also does not support the stock (3) the institutions already relief themselves of this counter (4) this counter is gone case.
Warrant exercise price is 0.97.. pushing to 0.8 only means the warrants are worthless..
I guess maybe that's why they are shit management.. haha
============================================================== Speak false of what shit. Look at the share price. It's dropping like no tomorrow. Unless u tell me u got in at 0.2 I got in above a dollar I got conned
This shit also approved shares buyback but never buy shit to support the fall.
I got conned. Ok? I am holding this shit share so I get to talk shit if the stock is not performing up to par
keep dropping almost everyday! should keep or sell all? brought at 1.00!
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Abilakh
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Posted by Abilakh > 2018-01-19 16:34 | Report Abuse
my entry price so high, plus average down somemore, down down down