Did some quick study. My view can be wrong. The company recent good results is just one off thing on reversal of impairment of 87mil, if excluding that, the stock is trading at fair price only. High debt,little cash although cash flow generation seems.healthy Only point is major shareholders hold a lot,easy to play pump
No problem. The price near multiyears low. I can see its intention thru TA and stock behavior analysis. Just like I can see Orion will start its engine coming Tuesday.
Although I can accurately predict other companies earning n price movement, I must admit that this company earning and price movement is difficult to predict due to its business nature. But whole year should be OK.
Why I look here look there Orion very similar to 1 stock king I in 2014:
1. No of share: both also about 600m 2. Start to goreng from 0.105 3. Both start after announcement of government link project. Both fintech. "I" doing GST collection software for government. 4. Cumulative 4 q earning after start goreng was 30m for "I". Cimb estimated Orion can come to highest 29m for 2019. 5. Both also start from weak results. "I" only 421k. Orion 1m. 6. The same analyst, Cimb analyst covered both
One famous anei behind the rise of "I". I believe he is also behind Orion...Guess who...
This year's , many corporate sectors facing financial losses and distressed . Must be very careful and you don't have the chance to run with the sudden drop .
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....
Win168
34 posts
Posted by Win168 > 2019-01-30 16:18 | Report Abuse
This counter will break out the volume start come...