selecting a right stock is very important....selecting a right leader in the stock is even more important.....those bossses too confidence in front of press not always good...
Shouldn't hope for ECRL to revive this stock, look at its fundamentals, its financial resources as a going concern are in doubt and there were no announcements to reassure the investors.
Since 2019, a total of RM497m worth of new contracts have been accumulated, including the RM405m contract associated with LRT 3 and the two subcontracts for the third phase of DUKE Avenue totaling RM75m. According to personal estimates, the value of outstanding contracts as of the end of June this year is about RM800m, which will provide profitability visibility for the next 2-3 years.
According to management, IKHMAS is confident that it will turn a profit in Q3 and be cautiously optimistic about its 2019 results and future outlook. Considering that the existing project is about to enter an accelerated period, better turnover and revenue can be expected in the future.
Earlier, I'm actually not to concern about these litigation as I have seen it happens in AAX and few other companies. It's part of the playing fields. Besides, they have order bookings in the pipelines and the ECRL story line was quite attractive to me as we are making life easier for people to connect with their loves one.
My biggest concern is when a bunch of those people that we have put our trust on to run this companies are selling off their shares. If one, I can understand as they may have their reasons, However this is a bunch of Directors and they are doing it continuously.
This compel me to sell off half of my holding earlier to cut my losses. If they re not prepared to hold why should I...
5. FINANCIAL AND OPERATIONAL IMPACT The Winding-Up Petition is not expected to have any material financial and operational impact on the Company and/or IJSB as the amount has been accrued in the accounts for the financial year ending 31 December 2019. 6. EXPECTED LOSSES Except for the legal and incidental expenses, IJSB is not expected to incur any further losses from the Winding-Up Petition.
kalau masih belum beli jangan beli sekarang, sabar dulu, sebab sedang downtrend harga boleh jadi murah lagi. tunggu sampai harga jatuh kena lantai dan rebound / sideways / jadi permulaan uptrend. kalau nak beli pun boleh beli masa ni sebab harga dah stabil untuk invest.
@imvu - so now you are trying to tell us now is quite a good time to buy this stock caused this company still got substantial book order that can lasts for 1 - 2 years. company with fundamental!!
@whoo "so now you are trying to tell us now is quite a good time to buy this stock" - yang ini you reka sendiri (fitnah) rujuk saya tulis atas tu (tunggu sampai harga jatuh kena lantai dan rebound / sideways / jadi permulaan uptrend. kalau nak beli pun boleh beli masa ni sebab harga dah stabil untuk invest.) "this company still got substantial book order that can lasts for 1 - 2 years. company with fundamental!!" - yang ini betul.
that 2.9mil small matter they can settle it if they want to,as the agreement mentioned not more 5mill, those traders ,understand technical. time to collect .
mabel last candlestick pattern formed is a bullish matching low which would suggest the bottom of the down trend might have reached (the worrying part being the on going operation issue) and confirmation of a buy is at 9.5 sen then the first target would be the gap filling at 11 sen where selling pressure would be expected and then the next gap at 17.5 sen ...so whether that 17.5 gap would be closed depends on that above stipulated concern of its ability to continue with its business as it is already have problem in meeting its financial obligation (that is a big NG)...good luck
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....
azta12
5,594 posts
Posted by azta12 > 2019-09-24 15:17 | Report Abuse
accumulate and hold