kt99 alot of people have no faith in this counter. It has remain at 0.09 and .10 for way too long. No confidence and when it goes up alot started throwing and who can blame them? What is interesting is there is recently a private placement of 20% of the total share at .10. Hello it is not free and they have to pay for it. This private placement I feel is to pay the people who got this contract for this company. Ask you if you buy at .10 will you sell it at the same price you buy ka? Answer no , so certainly these people have the confidence to make it happen la. So how much will it go? Average target price they say is .28. The upside down side target price is .165. MY view these people all talk through their back side. If I am the directors if I sell 1/2 of the 20% shares at .20 , I would have got the rest 10% shares for free. So .20 is what they will aim. Why anything less I do not know. Now can I have a packet of basic nasi lemak to go with my kopi O?
paper Rm 1 maa... 21/04/2014 10:55 ---- Rm1- short term? Hmmm Double I can accept. Not greedy. :) anyway, sure hope it turns out to be Rm1/- for long term investors ;)
Looking forward at agm... I agree w minah. New investor wont let the price goin down beyond their investment, ie below ten. At least they re gettin double or triple...
Woh ! people asking for RM 1 on a .10 shares is a 1000 % increase, don't la be like that can or not. The smart people say that the Average Price Target is .28 sen. Want to remain long in Ace counter , don't la be so greedy. Make money and you are happy can buy me nasi lemak basic and coffee, enough la. Untung tampok tampok kau liao la.
Welcome SMTRACK Berhad. All that you have asked at the EGM has been passed now it is time for you to bring this counter to greater heights.Congratulations.
Minahkarant, I tot u said tis stock dah mati. Sekarang ikan masin kembali hidup Kah? Jangan2 maciam itu Chinese based stocks. Down3 to nothing....hehehehe!
I thought so too but looks like it is coming back alive. Now name change, directors added they have shares . There is only one direction for this counter to go and that is UP. No indication so far but be patient , I expect there should be a rally before the end of this year.
Yes if you acquire a block of shares at .10 sen will you sell it at .12 to make .2 sen? I think not la, before this Muslim Ningxia contract counter was .9 to .10 , when contact announced it went up to .11 to .12 . How high it will go no one can say for no directions yet , but my guess it should easily touch .20 is realistic. From directors point of view if they sell half at .20 the rest of the shares are free so to speak. My study predicts the reaction should be along this line, but let's see how it moves , in the 52 week range this counter has reached .20 , the champions predict the average price target is .28. Is that realistic ? To answer that we need to observe the overall management of the company especially I ally the projects they have in hand. Happy trading , just hold on to your shares abit more. By that you should see some indications before year end.
lets not forget who is behind this counter... real money and real connections behind it. I doubt they would throw good money for bad money.. Lets think about it..
RFID has alot of potential commercial and security applications. What this company needs is some political connections for contracts. That will bring some upside to its share price. Right now, it's just yo-yo..
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....
minahkarant
363 posts
Posted by minahkarant > 2014-04-14 15:01 | Report Abuse
Wait till it get down to .11 and buy. It is a buyers market.