50cts cannot so fast lah,must wait unless profit can jump.even profit down or loss also cannot down a lot anymore cos already discounted.unless loss a few hundred millions then can down a lot. even like sapnrg loss 2.5bil also cannot down a lot already cos already discounted.
now I dunno,i will buy and keep only.at 30cts I dare to take the risk,at 20cts I will buy more,at 10cts I will buy even more if the stock no report heavy losses
Hi powerinvestor, I think it will be 0.10 soon. There are news about retrenchment, about 20%of the workforce. Once SAS core staff starting to leave, they will lose their content creators.
tq. but i dont have connections like you. not much information online or from their annual reports. lost a lot investing in sasbadi. still holding on half of my shares. hope things will turn around soon
That may be why its receivables surged despite lower revenue as it did not issue credit note which supposedly to reduce receivables and ultimately its NTA.
increase by RM16mil according to the latest Q result. in my simplistic thinking, if they manage to collect all the receivables, the revenue and profit should go up the next quarter.
30-Mar-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 460,000 shares on 27-Mar-2018. 29-Mar-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 260,000 shares on 26-Mar-2018. 28-Mar-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 850,000 shares on 23-Mar-2018. 27-Mar-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 30,000 shares on 22-Mar-2018. 26-Mar-2018 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 543,000 shares on 21-Mar-2018.
EPF sell one uncle koon like to buy.sendai epf dumping uncle koon collecting,when epf dump hengyuan uncle koon buying,uncle koon quickly go buy sasbadi......hehe
XD now the price had dropped so low, people are angry and dumping their units of stocks and swear never invest again, smart investors will seize the opportunity to accumulate stocks in just a matter of time at a cheap price. When the stock goes uptrend, these people will think it is a potential stocks and started buying. those smart investors however will look at this as opportunity and started selling. XD
XD now the price had dropped so low, people are angry and dumping their units of stocks and swear never invest again, smart investors will seize the opportunity to accumulate stocks in just a matter of time at a cheap price. When the stock goes uptrend, these people will think it is a potential stocks and started buying. those smart investors however will look at this as opportunity and started selling. XD
I forecast it will up soon. However, I can't confirm since the 50 days simple moving index is still not above the 150 days simple moving index. Yes, it is a good buy and worth to invest on.
@jibbie always got risks of losing in shares investment, although people look at potential gains when invest. Must review and take back some lessons here, since you paid the tuition fees.. anyway, the DBS fund invested at 50 sen, and now maybe av to 40 sen, all is not lost. May take time some time but looks like Sasbadi will be around , wont go under just yet, with its recent contracts with MOE. meantime, if you prefer to stick with it, could monitor th trading opportunities, like the recent low of 30 sen bottom, before it rebounded. easier said than done, as when it was at 30sen, it looked like, will plunge further..
thanks @stklearner. i have been holding since pre-bonus issue. reason i bought this was because my children use a lot of sasbadi books. And when i entered, the company looked like a good company - decent ROE, healthy cash flows. Really didnt expect the price to drop so drastically. Sold off half to raise money elsewhere but that didnt work out as well.
Btw, what do you mean by DBS fund invested at 50sen? I'm not aware of any funds buying sasbadi shares
latest update, says they cut loss and remove from model porfolio..i remember, Sasbadi was in the growth portfolio, at 50 sen entry price, when i first look here, Anyway, DBS could still have some stks and hope they will trade it up , to exit.
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Posted by apolloang > 2018-03-29 17:57 | Report Abuse
50cts cannot so fast lah,must wait unless profit can jump.even profit down or loss also cannot down a lot anymore cos already discounted.unless loss a few hundred millions then can down a lot. even like sapnrg loss 2.5bil also cannot down a lot already cos already discounted.