Dear holdingking, i know tunepro is good, i jus fear for slow and stagnant price although company pays dividends better than fd, when its business is not expanding as projected or shrinking pfofits due to lower visits from china due to travel tax issue.
While invest in a cyclic business is risky but usually reward us with great profit, steel, glove, electronic sectors are cyclical so as bulking shipping. Topglove, masteel, unisem were facing huge huge losses once in their cyclic downtrend, but now a few times average all more than 500% up from lows
Same now no one would dare to buy seeing maybulk reports at great losses, but circle will rotate, is ur share playing style same as ur nickname holdingking? If yes u can hold it for 1-2yr
I expect this counter stay around rm1-1.20, just drifting around the range for long time here
If business in slow expanding mode, profit may be shrinking
I had already considered keeping this counter wont make me peace of mind, cos if any major 'event' happens to the passengers or planes, should effect profits for high claim amount
If u buy only based on facts or factsheet, u may switch to malakoff, increasing revenues, high dividends, price cheaper, business prospect more stable. I bought maybulk, no money buy this one already
Malaysia’s total air passenger traffic grew 11% y-o-y in the first half of FY17 (1HFY17), totalling 46.9 million. Growth was driven by international traffic which expanded 14.5% y-o-y, outpacing domestic traffic growth of 8.1% y-o-y. http://www.theedgemarkets.com/article/mahbs-strong-1h-sets-tone-robust-2h
Final support is rm1.1, if breakout, need to see whether got hammer or doji forming or not, better is wait until quarter report. If 价低量低 happen, means the bottom is near the corner.
Many peoples buy Tunepro because believe can rebound, but in fact the price still going down, so the peoples cut lost affect the price drop further. Look like a circle.
I have been continuously buying tunepro since its share price 1.7....and now 1.13, looks like it gonna be a very long term investment. Can understand why people cut loss and drop this counter.
Don't worry. 1 Quarter of good result is enough to bring it back to 1.7. 2018Q1 will possibly be higher than the current Q1. We are finishing year 2017 soon anyway. Just be patient, u will see the light from 2018 onwards.
Next baru up, then means it will still keep going drop to at least below rm1. Next year 2018 then will rebounce from rm1 to 1.45 again. Wow very good lei, 6 years listing its price still like nothing change only.
Samuelluke, Well, I have confidence n comfortable to hold this stock due to its fundamental. I been holding since 2016 April. I hope im right too bro, I have spotted n bought oldtown at 1.9, Annjoo 1.9, AAX 0.27, GHL 0.98. All by using the same formula applied on tunepro too. Tunepro just got weird an overreacted. When time comes, it will reflect its value. U alrdy hold for two years, why u wanna give up?
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....
firehawk
4,783 posts
Posted by firehawk > 2017-07-18 09:47 | Report Abuse
if it can rise to 1.26 also good ... but ....