Newly listed giant MNC suffer a debacle like this sure no face lah. But now they are seriously on the mend . On that alone RM 5.00 is optimistically realistic. .
Lotte = Iottery . So buy to donate to Lotte titan. Don't be angry la. People Please buy more. Next quarter another round of lottery gap down? So don't blame Lotte la.
1. Listed company has to be credible and truthful to gain investors' trust. 2.It has to disclose truthfully and publicly any information in their daily management and operation that can adversely affect the stock prices.That is part of the public listed company disclosure rules and regulations. 3.If they withheld the information,and the news was later disclosed or leaked out the market can be very brutal- the response will be quick,sudden price drop and devalue the stock market price. 4. Trading volumes on the stock presently on the low.
Outcome: The stock will consolidate within this price range for awhile.No probable chance to recover to the previous high or IPO's issuance price.Unless the trading volumes perked the price will move and trade within this narrow range.
Caveat emptor ; buyer beware & at your own perils . If not comfortable , there are thousands of others counters out on the exchange. Go for old- man stock such as YTL @ RM 1.40 now. No risk , sure gain but u need tonnes of patience !
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RojakInvestor
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Posted by RojakInvestor > 2017-08-03 14:20 | Report Abuse
as long as you can make money, who cares.
all only know how to talk kok. these are the ones forever in the loser group.
hehe