I dont really know kesm inside out but i cant help wonder if the trade war between japan-korea will affect kesm. Does kesm supply any goods to those countries? The bid today is still bleeding waterfall. Really concern with the foreign news now. Even with the div which is exdate today, should have at least earn kesm some positive gains is not affecting it.
yangxi..if what u said abt KESM now start hiring more operators, that would be a good indicator...n if the final qtr n year-end results dont show LOSS, KESM price will not be at current levels anymore.
China started to loosen the restriction in car purchase in their major cities to boost economic activities in order to mitigate the impact from trade war. This act should increase car sales in China and hence benefit KESM. But, the effect should only be seen in later part of 2019 or early 2020.
Downside risk is so minimal when buy at 7/- +/- After hitting RM 20+ with big volume...now volume so few traded and sellers so scarce too,...How to go wrong when you buy a cyclical stock that has a solid balance sheet and well-managed with limited free-float....that is now at it's bottom. Who is that smart guy here can always buy at the lowest?
bet ya that the results are already known to those working inside the Company by now,... then when officially out, analysts will scramble to glorify/downgrade .. then we either SELL/BUY Cut Loss>@#**??$$....
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....
shareinvestor88
3,404 posts
Posted by shareinvestor88 > 2019-07-15 15:50 | Report Abuse
SELL TP 3