Homily chart showed banker chips have gradually declined to just below the threshold 75%, while retail chips have increased from 2% to a little over 11% in the past 4 days. Meaning to say that either the bankers have slowed their buying momentum or they are throwing cheap tickets in the market, it seemed to have cause panic selling pressure among retailers. As long as banker chips remained at healthy level, this creates a buying opportunity and chance of rebound is still strong.
Seemed to be forming a symmetrical triangle pattern with the price 0.535 at support sitting on the ascending lower trendline. If it breaks below this trendline, it paints a bearish downtrend.
Don't expect good Q4 result as they do an price adjustment in Q3, where most of the orders came in during Q3 already, moreover, the increase in the r.mat & p.mat price. Sell it fast b4 too late.
If the long-term investment to the company we not only looking the coming Q result. we suppose more concern the company growth, the future of the business involved & commitments of the business owner.
nepo also here ah hahaha. idk about any news but technically it broke the downtrend channel with volume. so potential opportunity to up but to where i have no idea. next q is end of july.
@collie, i wandering here and there to “kebo" some news. Nice to meet you here.
Btw, for aerosol spray paint how to think which one is better Anchor vs Samurai..? I notice some said Samurai has more colour to choose, better quality..
this one i have not much knowledge but based on the video with peter and adam some time ago, adam mentioned that users who have used anchor before tend to stick with it since it's a famous brand and also the quality is tip-top and there was never a "compromise to their formulas and can size" for cost cutting measure etc.
In matured markets like US, bonus issue or stock split are non events, except to do it when want to increase stock liquidity (when either the share number too low in circulation or stock price is too high already). Now also can trade in a normal board lot of 100 share instead of 1000 shares. Companies like Panamy, Nestle, etc should do bonus issue. Personal view only, right or wrong. Good day
Agreed, in term of value is still the same, just increase liquidity, this share is only 50 over cents, no point to do either share split or bonus...better think of better think of ways to increase intrinsic value rather than carry out pointless exercise
Currently the price of dpih is not too high and wondered why did the bod or major shareholder's have decided to increased liquidity by means of bonus issues which does not bode well for the company as l notice many companies immediately after increasing their share base , the price continued to slide furthermore and not to name a few good stock which previously on an uptrend mode . Focos point , eita , focus dynamic , scib , kpower being dragged down by serbak dinanik financials misconceptions .
Pointless to give bonus issue at this juncture. I rather disappointed with the Management to do this exercise to boost the share price.. Better focus on business pls..
DPIH share price RM 0.5xx pun nak bonus issue... Reserve fund also not tat big.. Strange la ... I am convincing myself this is not the tactic used by the management to boost up share price. But, it seems to me that this is the only reason for the time being.
Things worth noticing for DPIH regarding bonus issue:
1) DPIH issuance of bonus issue is possibly a replacement of upcoming dividend (company aldr 0.85 sen of dividend - 4 times). It might be the company intention to reserve their cash flow.
3) Price of commodities had rose quickly which may affect the company COGS, it is also worth noticing that there might be some increase in their price of spray paint (check it on shopee monthly).
4) With COGS rising and their upcoming factory still in the process, the company will definitely take some actions to save their cashflow.
Dpih doesnt need big volume to move up...not good for contra player..share free floating only very few ..easy to push up..until now mainntain above 0.60..waiting for bonus date annoucement..accumulation in progress...seem positively uptrend
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....
Chrisfoo
64 posts
Posted by Chrisfoo > 2021-05-06 01:13 | Report Abuse
this counter is going to downtrend? soon???dropping everyday