Dropping of share price just before announcement is NOT a good sign. But this can hopefully be attributed to the general market sentiment. Insiders were not trading much anyway. Their options are probably worthless. So do not give up. Fund managers on most part do not know what they are doing. Reddit group proved it when they destroyed hedge fund forcing billion funding.
Reddit group proved it when they destroyed hedge fund forcing billion funding. LOLLL that just war between sharp just the winner are the sharp hide between reddit group there is no chance can win over IB or Hedge fund the only way is to join them
All I can say is the market cannot telegraph a good or bad quarter. See the result that came out in August 2020. Before lunch 0.235. After lunch open at 0.27.
If core net profit of RM80mil, the stock may not move. This is a baseline result.
If core net profit of RM100mil, stock should go up slowly over time. This is a good result.
If normalise net profit of RM120mil, stock will gap up. This is a great result.
The unknown is, will there be further impairment? I think there won’t be. In fact, I predict further write back for Kraken. But if indeed there is impairment, and even if the core net profit is actually high, the stock may drop due to sentiments.
I also expect some asset disposal. But remember, core net profit is ignoring impairment, write back and disposal gains.
Other important thing is the net debt position. I expect it to be around RM7.6 bil, but if it is even lower, better!
dont think too much many ppl dont even understand what is impairment or disposal of asset as long as net profit increase sentiment will push up the price
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....
q12342
89 posts
Posted by q12342 > 2021-02-24 16:35 | Report Abuse
(吉隆坡23日讯)证券监督委员会(SC)与大马交易所(BURSA,1818,主要板金服)宣布,即日卖空(IDSS)和自营当日交易(PDT)禁令,再度从2月28日延长至今年8月29日。
国际油价一路上涨,大马没有IDSS/PDT,还等什么?
posted by apple168
apple168 1 day 1 comment take you to the hell