Those who has not bot into this counter can speculate if nerve made of steel.For less than RM10k can get 500 lots.Just buy and forget.If unlucky lost all .If lucky big gains.
..never buy this type of stock unless u don't mine to loss a lot, ..get more quality stock that normally around rm1-3 and above...when u buy this 0.05 cent counter u may happy to get a lot of shares with little money BUT by doing so u are putting the money 'atas dapor"..it may get burn any time...do not focus on how many share u held but focus how much u can earn for certain stock no matter how many u held...the trick is to get positive return! not to have so many share but a loss..
this saag stock really sakit kanser n very hard to recover...so many debts...i think very soon kena list in pn17..then dis-listed..careful....those think to buy better think 10 times, those who already held this stock just pray hard for something incredible happen...i dont think the directors got trick! creditor sudah kejar no way out...
There are 2 things that can happen to SAAG.One the mgt gave up and let it sink and we are finished.This is highly unlikely.The other one the mgt do something.At least they ask a restructuring of the loan from the banks/creditors.In order to get they must show to the bank that they are capable of paying.So they must show new contracts coming in.If they got one big one that the loan stuff will be ok.If they cannot then it is going to be stripping their assets to pay for the bank.The NTA now is 0.8 sen per share.See what is going to happen next....I personally think that somebody is accumulating the shares for the past months at dirt low price.What is their aim ? Big profit in near future !
some people said: "I have loss so much for instance 10K, no harm to put in 5K to pare loss. Who knows will rebound up soon?" Question: 5K or 3K is not money? Will it rebound?
some people said: "Since loss so much already why not cut loss and go for better one?" Question: Cut loss means totally loss, should I totally loss? Any hope still for this counter?
Some people said: "wow, cheap sales. It's time for me to try luck to buy, see if I can earn some from this counter. Should it just end like that, i think. Many are losing money, sure they will pare loss to enter again" Question: No other better stock to invest? Am I gambler or investor? If gambler, am I capable enough to determine the direction of this counter?
Some people said: "penny stock never touch. never dream of be rich is a night unless we can manipulate this counter" Question: If that case, how to get rich fast in stock market? Slow and steady?
Which type you are in? Sometimes your experience determine your choice too.
No doubt it will subside back to 0.015 or 0.01 , make sure I don't blink too much otherwise I will miss sapan again, ha ha This time I will wear my diving kid & BIG oxygen tank , hee hee
At least Stevie Wonder got sharp hearing & excellent voice, me just key in 0.01 for 2,000 lots n still in bed with my sunglasses n hooter , LOL Oh don't pray pray 4me ah !
flogging a dead horse ..comes to mind, sometimes it boggles me how management dont see the signs and wait till the last minute. Not having a major shareholder running the key decisions is one element I can identify of so called mis-management...
I highly doubt it, since the CEO only holds 0.44% direct and indirect stake of 2.23%. Tell me which boss doesn't want to own the majority of his company if it's a profitable one?
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....
chineooi
243 posts
Posted by chineooi > 2012-10-15 15:53 | Report Abuse
it can as well... nobody knows... but looking at 70mil... i think its not able to settle the loan lor...