i think it also depends on the market maker and insider of the stocks.. if they still hold or take profit.. as they would know whats coming in the future... previously they would have bought knowing the good results, so not surprising now they take profit....
If TS can sustain the profitability and adhere to their dividend policy then should be a good chance to accumulate .. another key point is government policy , if they remove the subsidy and allow company to adjust the egg price then the impact should be minimum to company , just imagine if the egg price up 10 sens then 4.5mil egg /day for 3 months is around 40mil ....
Believe this shall help TS to maintain low cost and sustain the profitability for quite some time , and hope management can give better dividend later , that could be the key factor to drive the share price up now ..
Ya Teoseng has been trapping you all silly guys since 70 sen till 2.5 la. I know investor this several investors bot minimum 1 million shares or more have not feel being trap yet.
The millions shares shareholders are going for 3 and above. It’s still a buy on weakness opportunity before it goes back up to 2. It’s to trap you, beware ok
company is doing well , revenue ,profit up and debt is reducing , as long as they can sustain this , don't really see the problem here , at least , I can not find any risk factor as of now ..
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2905 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Hush77
1,262 posts
Posted by Hush77 > 2024-02-28 15:26 | Report Abuse
i think it also depends on the market maker and insider of the stocks.. if they still hold or take profit..
as they would know whats coming in the future...
previously they would have bought knowing the good results, so not surprising now they take profit....