Reason = May was 22 cts all time high.Shares pushed up before June P n L that was announced in August. Management knows the result before hand .They manupulated the stock price n now pushing it down, Puzzling ...
If by Nov when the next P n L is announced, it does not go up, then we know v are trapped. June P n L was one of the best qtrs that was announced in Aug. They cld hv easily goreng it but choose to manupulate it before announcement. I hope too, it can reach a new high of 25-30 cts
went up last Fri 9 pct n today 5 pct. Refuse on purpose to break the 19.5.Choose to trade between 16.5 to 19.5 range for almost a month now. Cld be fairly values at this point as NTA is 18 ct only. Very cautious company....despite showing excelent profit last qtr.The best over 4 years .
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....
Josephine Ong
1,001 posts
Posted by Josephine Ong > 2016-05-30 15:34 | Report Abuse
TP 23