My gosh, my green tea overcooked, terhangus. Genmaicha also cannot make liao.
The WA volume is higher than company share, but still consider small in proportion to the total volume.
- Almost any seller is losing money, what are they trying to achieve?
WA Volume traded - 4,000,000 of 960,000,000 = 0.4% traded. Small indeed. Mother Volume traded - 631,300 of 2,400,000,000 = 0.263% traded. Even smaller.
Whenever there is a privatization exercise ongoing, all ppl including the bosses n the minorities , are all very happy one. Vincent Tan said before: everyone get their money back!
Just now met a reminder, he say his clients keep on selling small cap shares, n turn into div. shares. I say still dropping wat, he say at least got div. mah......!
Actually EcoWorld is a well-managed company. It is just the market (stocks) not performing, the economy looks dimmed for the next few years, high un-affordability in London for young adults to buy houses. The BTR is a good strategy to mitigate the affordability issues for the time being while creating value for the company and the citizens of London.
The stock looks like no support, if it can go low there is no harm to buy and keep if you have the holding power. But, no dividend for now until the company is stable la. They still have the 12 sites to develop mah (currently 6 on-going) + 3 with Ballymore. If they cannot sell then will be scary la.
Although, my green tea is blackened beyond recognition. Should have taken profit for the good news on BTR with Investco.
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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....
hklcheng
1,317 posts
Posted by hklcheng > 2018-12-14 13:42 | Report Abuse
hold...will buy again next friday