short term speculators love to BS all the time, they just gamble up down on minor price fluctuations, but cannot improve anybody's knowledge of the respective stocks, just contribute worthless talks.
If cannot make gain for share rebound to RM 5.00 in single trade, then, just adopt different strategy, to trade multiple time, to cumulative gain to achieve the goal.
So far, first round already reap contra gain 24sen/share and second round 16 sen/share but with bigger stake, so the absolute gain is also higher, Now, wait for third round if opportunity return back again :D)
I bought at 6.4 and lose 1.95 why you can make money?
Posted by apolloang > Aug 3, 2017 10:07 AM | Report Abuse this is call male ego, lose wan cannot say, even cannot play wan cannot say,even wanna go down also have to say up......all this are lying
trading gap is small today. u make or break, that is the risk. worry is not the cure. have a trading plan, people prob. do better. I plan to trade only not invest..hehe.
1.The water disruption in April 2017 over more than a week is a major problem and cannot stay unresolved.In term of operational safety,regulatory compliance,plant output,etc is a major and topical issue and merit urgent and strong action by the management.In happened before and recently,and the recurrence is high and probable.
2.The consequences will be dire for the following reasons:
A.Petrochemical plant is a very highly hazardous installation and governed by very strict regulatory requirements.One of the Act is The Control of Industrial Major Hazard Installation.Others like The Fire Safety Act.Continuing non-compliance can cause notice of immediate prohibition to the plant activity.
B.What if the major fire or explosion take place? Lack of water ,how to contain and mitigate the consequences???
C.The loss of major production will adversely impact on the bottom-line.
D.Incidental and consequential costs to the company is high.
Outcome: So long as no permanent and workable solution to the immediate water disruption problem,the high risk level persists. Any one time it can arise and just blow up again.
it is a general risk for all factory operations, I believe it can be mitigated but hard to delete all together. but u can not made valuation based on tail risk.
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Posted by gsi723 > 2017-08-02 23:33 | Report Abuse
If next quarter results also similar or worse., mean PE is actually much higher... Price will be around RM4...IPO overpriced....