Our education system is in a mess. I forsee the MOE moving away from being exam focused and trying to reduce the number of schoolbooks. Sell on strength, upside limited with all these uncertainties.
wake up and smell the coffee ppl. I used to think sasbadi was a good company. But recent financial results prove otherwise - high borrowings, low cash, marked increase in inventories not matched by an increase in revenue, print publishing profits reducing. With Tun M in charge now, they might scrape off KADS1M dt connotations with the previous ruling regime. Remember, MOE have disallowed workbooks for Std 1-3 and only allow 1 workbook each got students in Std4-6. CFO has resigned, MD has stopped buying back shares, company has no cash for share buy backs.
@PiddleMinger you are providing all these info for a purpose right ? what is your expert view of Sasbadi price, you like to see before you will step your toes into the water ?haha
PiddleMinger was right. I was bullish on Sasbadi last year only to discover how things were done improperly within the company. Trying to sell off now but kinda stuff with half of what I invested in the first place.
All these buy calls are misleading. Judge on your own wisely.
@powerinvestor not clear at all what is your opinion , but happy for u, you find opinions tht make sense for u, i just want to make money here, not give opinions, haha
taken position at 35.5, Sasbadi in profit taking mode only aftr the rise from 33.5 to 47.5 post GE14. those who wanted to sell already done so, notice EPF has stop selling since may 3, any more big sellers left ?
to wait for it to reach rm1 is a long wait, now got trading opp. resistance R1 040-0.42, R2 0.47-0.5 hopefully can sell here, support at S1 0.34 , S2 0.30 , i gather these from the IB info previously. one way to minimise risk is to split the buyin rather than hantam all in at one price, that way if 'caught' at wrong price, got chance to escape , by buyin again at lower price, to av. down, just my view
the high vol on 18/5 6.5 m, 21/5 17.1 m shares done, indicate this ctr is at play now, the business environment has drastically changed since GE14, more open competition, less under the table expenses, shd be good for Sasbadi also..
ohbeeyee 24/05/2018 10:47 wrote: taken position at 35.5, Sasbadi in profit taking mode only aftr the rise from 33.5 to 47.5 post GE14. those who wanted to sell already done so, notice EPF has stop selling since may 3, any more big sellers left ?
i will hold for long term cos my average price is almost the lowest.also i make a few rounds on this stock already.so will hold and hopefully another opcom for me.....hehe
@Thepainfultruth, wow ! ‘40 yrs of investing experience’ ?? No wonder u do patience to wait,wait for your 3rd prediction to come true, still waiting patiently for 10 sen, before you sapu all, hahaha
@Thepainfultruth wow ! "40 yrs of investing experience", no wonder u have such foresight to predict in Mar, that Sasbadi will sink to 0.10 soon ! Admire your patience...
Mar 29, 2018 07:34 PM | Report Abuse ' ........., 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.'
@Thepainfultruth you are also a dreamer, you dream everyone who already bgt go bankrupt, when Sasbadi hit your dream price of 10 sen,..hahaha Keep on dreaming . its risk free !
Apollo cannot bankrupt one not like u the idiot thepainfooltruth.i have seen the worst of times,by the way u said u got 40 years experience,can u share some bursa history stocks with us?
@Thepainfultruth in your 40 yrs of waiting experience, have u not heard of the saying, what goes down, can also go up ? still clueless n waiting for your 10 sen, haha
u did not see the big buy q numbers n low sell numbers ?? what does tht tell us ? you are a clueless guy, still waiting for the Big one that slip away,after 40 years of waiting experience, haha
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....
ohbeeyee
131 posts
Posted by ohbeeyee > 2018-05-21 10:55 | Report Abuse
the worse is over , with the new PH govt. emphasis on good goverance n minimise corruption...