So many trapped in this stock....now the boss announces that he is buying.....after small fish all dead...only after that prices will move up......will return in 2025....
boss/owner is buying good news for growth company.. this is a growth company. Take note their share number only around 200 million, definitely very volatile can up 50 cents easily at the same time can down 50 cents easily.
Take note their cow farm already ready to cater up to 250 cow. Now they have 120 cows, and bring in remaining to meet 250 cows number. And their expansion plan to at least 500 cow in next 1.5 years. Thier NILAI factory can cater more than 4 times current prodcution.
Nice stock. But will be volatile journey. Strong hard needed. Unless the bosses/director decided to BONUS ISSUE the share to reduce volatility.
don't come back in 2025 , no use already because MALAYSIA already achieved self sustain DAIRY product by then. Now is the right time.
From 75 to 119...then 119 to 71....what a ride... Contra players...dont touch.. Prices across the board...moving up.. Orher counters..safer... If owners push up and down as they like....5 steps forward...5 steps back....price will never go up anywhere.. Look at tightly held stocks....all going higher n higher and higher....all the best...
but definietly as owner, if share price fall below the real value of the company..definietly he will scoop up more, so that he can have back his compnay fully control by him. But at the same he need to comply with bursa rules for certain percentage to keep as float for market trading activity..this even happen in NASDAQ world...
same like property also imagine the house u sold for high price u get back now due to covid at lower price..u may want to buy back because the place already u know very well..
@5471benl nowadays lot of investor studio around calling the CEO to give the talk apart from reporting from the newspaper. I learn from there too. Rajin rajin read FOCUS MALAYSIA, THE EDGE , or STAR BUSINESS. All what I wrote comes from there lah.
U can join too. One of the investor studio I do normally attend is Equities Tracker.
Best QR ever! good to see company keep growing. Company know to issue warrant while having high growth phase. Shall see stock price and warrant price sailing to north
Profit margin dropped Dividend also dropped. Poor future for this co. Milk subsidy company probably loss making entity that it bought into without knowledge of milk business. Bad management!
Stockwise, after I attended AGM, the conculsion was management is very good at their job. They are in expansion mode and you can invest money in their company and sleep soundly every night.
With covid test kit , animal feed nutrition and milk business. Company is having good growth here. Low share float. This will rally fast when company earning is doing great.
Dr Lim Ban Keong (Insider) Direct (units) 7,321,260 Direct (%) 3.65 Indirect (units) 93,709,443 Indirect (%) 46.65 Total (units) 101,030,703 Total (%) 50.30
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Posted by dompeilee > 2021-01-27 07:30 | Report Abuse
Someone said 70c. Doesn't make a difference to me coz I already hv a set plan for what I want 2 do with my shares.