market running but this one cannot go up. why? because of the share spread. Being control in the hands of a big few. Dare not push up for fear that the small frys will unload and let them carry the baby. Should by now realise the true value of the stock .If its such a good one the value would have been at least quite attractive. Even the big fish are well aware of its true value or and its business. Dun forget. Even the chinese shareholder is not interested any more.2019 financial results is disappointing. What about 2020 results with the covid pandemic to be announced next year. Already the warrant is as good as dead. Lets hope by this time next year the price still can be mantained.
Who do you think can just put up a pc. of news and then buy or sell a few million shares pushing it up or down . Not the small frys definitely. It could have easily gone limit up if it wanted to. But it did not. Most probly bcos of its small share spread and not much followers. Any higher price will result in the small frys unloading and those who goreng up will have to carry the baby then. so from the look of it how much potential or value the share price can go up. By the way if not mistaken, the 1st qtr of 2020 has not ben announced . Only the 2019 results were known. Why ah ?
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....
Posted by ctlimmy > 2019-12-04 23:10 | Report Abuse
Have to remove the management team, all useless old staffs.