Sendai at these price level i regard it as momentuem stocks , good for short term gain base on the recent volume build up . I had holding of these stocks Sendai March'16 at 0,55 during June 1.08 ever since i liquidate . have not monitor for a period time ... just kind advice try not to be speculator you can win many times unable to sustain one time lost. I do not know how deep is your pocket always diversified your investment . Lbalum at these level is very attractive to me ...
I have liquidate my atta and lbalum from the previous run up ...my entry price for atta 1.09...lbalum 0.755 will keep accumulating till my first tranche investment profile had achieve ... Next week should be the best time to accumulate cheap stuff ...and be waiting forthe coming qtr results ...
If the management really cares about the company and the shareholders, they should be doing something to protect the share price or to stabilize it. Even in IPO prospective new company also knows how to secure cornerstone investors or banks as stabilizers. Is one grave mistake of negligently making "underprovision for deferred tax," resulting in a 76% drop in profit not damaging enough, dear management? Is it because dear management have some other strategic plans in mind?
While conventional common sense points to further accumulation of the stock at low valuation, in the long term is it realistically sustainable when it touches the bottomline of an investor's money management and if hypothetically the management continues to fail to deliver? If a company fails to perform at a time when all conditions are optimal, can it be expected to perform under unfavourable headwinds and sluggish market conditions? This is really food for thought.
The AGM is coming up, I attend all AGM of stocks I invested. Is a good time for us to voice out our concern and also share our views of the company. Hope to see everyone there and yes, I will be asking about the mismanagement and how and what has gone wrong
I feel that what the company could have at least done is to initiate share buyback with the company's financial reserves. All the company has to do is to sustain or stabilize the share price for about two months until the next QR release. (* From views aired at this forum, most people opine that the coming QR performance will be impressive) In this way, investors can still at personal levels accumulate strategically without burdening their capital too much as some of the liability is absorbed by the share buyback. Isn't this a better option?
The share buyback by the company will significantly do a lot to shore up shareholders confidence as well as protecting the value of the stock which is already at a huge discounted margin. In a way, this move will allow the management to redeem themselves from the blunder of "underprovision for deferred tax," which has resulted in the severe drop of LBAlum price and panic selling.
Not to worry too much mah.... this one surely has a better growing prospect lah..... just the time period matter is the question.... how can 床頭驚蛇, 床尾驚鬼attitute ah......
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Darlington
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Posted by Darlington > 2017-07-08 22:17 | Report Abuse
Sendai at these price level i regard it as momentuem stocks , good for short term gain base on the recent volume build up . I had holding of these stocks Sendai March'16 at 0,55 during June 1.08 ever since i liquidate . have not monitor for a period time ... just kind advice try not to be speculator you can win many times unable to sustain one time lost. I do not know how deep is your pocket always diversified your investment . Lbalum at these level is very attractive to me ...