We would see how it goes next week. BB band does not open, at the same time weekly & daily chart formed hammer with stochastic highly oversold region. I have a feelings today is to shake off the last people who chicken out to sell their shares, then next week shall rebound. Just my assumption, not a buy or sell call, and no guarantee.
With the tech sell-off yesterday in the US and risk aversion, the equity markets will be challenging in the near term...we'll see how the US fares tonight.... wishing all a wonderful weekend ahead.
Amit.. TIH makes money. Just by making less than projected, the stock is being sold down. Therefore, the hope is not as long as it doesn't lose money but to make money that exceeds expectations.
Well, im very confident that the revolution of insurance industry would arrive with the pace of technology surrounding us nowadays. When the day comes, tunepro would be making moneys via online without having to pour a lot of money for expansion plan. It just taps on airasia to expand.
If the company performance/profit has been stagnant for long, it does not deserved high P/E. I will only buy a stagnant company at 6-8 P/E, but normally I will stay away even at this P/E. Tunepro is now trading at 12. So adjusted for lower P/E, fair price @ 0.60. Don't worry, this is just theoretical, it may never happen. What I want to highlight here is that as long as the company is not performing, the downside is bottomless.
We never know what's the real reason why the price dropped like this without any sign of rebound.
Scenario 1 - They might want to flush out people so they can buy cheaper price. 2018 is just another 4 months to go. on 2018 onwards, the management said they are confident of achieving double digit growth. I believe they have done the calculation of expanding valuepack to 17 countries hence the income could derived from there to achieve double digit.
Scenario 2 - The whole kampung is waiting for his quarter report numbers before buying in.
I ask you one question. Is any politician appeared to be major shareholder or major decision maker in this company? Tony doesn't like to involve in Politics. If u observe carefully, he always avoid from being pull into Politics news or rumours.
FEEL GOOD FACTORS TO LET PEOPLE HOLD ON WHILE MAJOR SHAREHOLDERS ARE SELLING ================================================================= Scenario 1 - flush out people so they can buy cheaper price. ...very unlikely unless they push price below RM 0.50
Dude JT James, Tunepro earned RM3-RM6 per value pack. If they are nothing, u think Tunepro dare to tell the public they are confident to achieve double digit on 2018? Seriously, Im an Investor who evaluate based on the reports and assumptions. How da fak would I have tunepro data, unless Im working inside there.
Everytime when i see the price is falling down, i always suspect my decision is correct or not. But after reading HoldingKing post, can find a bit confidence on this.
Look at Penta, in 2015 the net profit alrdy the highest compare to previous, but share price not yet reflected. In 2016, it booms all the way up from RM0.60 to RM4.40. Sometimes if the fundamental is good, but the price not yet reflected, the only thing we could do is just to hold until the right time come.
Penta CAGR growth is much faster than TIH. TIH is stagnant. Unless TIH can have an exponential growth in the future, otherwise please don't compare with Penta.
The most lucky is Tunepro just my 5% in portfolio, sunway and superln help me earn a lot to cover the loss. I think i will cut loss first, it is not the way to hold the endless drop counter. This Tunepro share price performance is worsen than Karex. Although Karex profit drop a lot, high PE, but the price stable at 1.55-1.65 finally and no huge selling pressure. But Tunepro drop until today still huge selling pressure. I really cant understand why.
It depends on the PE you peg with TIH. Do you think it deserves 12x now? If you peg at 9x PE, which translates to about RM0.84.... Shgp22 is very stingy to assign such low PE. heheheheh...generous a bit lah. I am more in line with David, about 9x...
I just found that, invest higher price with uptrend, the profit is much much fruitful than invest low price with downrtrend, because not many peoples dare to invest big amount on downtrend stock, mostly are earn kacang puteh only. Unless u are very confidence and able to bear paper loss.
I havent sell yet. I plan to sell first, then buy back after result out, i guess this result will drop 40%-50% profit, peoples will scare to push the share price down. Then i buy back on that time, because i believe q3 afterward, the result will have improvement. Anyway, thanks HoldingKing shares a lot positive info here. I always salute ur investment spirit.
alright. Make sure u think properly Bro Teh. There is always a reason why the share price dropped without sign of rebound, could it be the market has already reflected the bad Q2 results? Could this price already be the bottom?
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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....
nickengk
459 posts
Posted by nickengk > 2017-07-28 16:49 | Report Abuse
TIH will be interesting when it crosses below RM1.00 for me.