I once bought Dynaquest 2nd Board stocks performance guide
To my surprise most stocks launched with fanfare during Ipo with purported high revenue and earnings caused retail traders to chase up prices into gross overvaluation during early phase of Ipo listing
Subsequently 90% of these hot stocks plunged
So Calvin will almost seldom buy any Ipo stocks
I need to see 5 or 10 years annual report to see their true status before buying
@rr88 TM bought long ago must be at 6.00 b4 it nosedived to 2.00
My first purchase in KLSE is TM pre 1997 Crisis. Since then I have been in and out of this counter. My last re-entry was 2.23 . What's the price now? Still pay good Dividend.
cannot sell cheap share and buy expensive share.instead should sell TM or Bauto.1 TM can buy almost 4.5 lots of greatec and 1 Bauto can buy 3 lots of greatec
@rr88 TM bought long ago must be at 6.00 b4 it nosedived to 2.00
My first purchase in KLSE is TM pre 1997 Crisis. Since then I have been in and out of this counter. My last re-entry was 2.23 . What's the price now? Still pay good Dividend.
That's why still holding.
17/06/2019 12:33 PM
I guess TM is a bit different then.. it was a monopoly counter and supported by Gov. Now only compete with other telco company.. But Greatec have a more challenging technology competitors. However the target set by the analyst for RM3.5 is quite comforting to investors!. Hope for the best..
Should get this stock during IPO but I have no money left after acquire LEONG HUP, which is a bad investment. IPO drop and now still doesn't show any sign to return profit.
Based on IPO prospectus, its order book is only rm91m, which rm58 mil already materialised. The management is not optimistic. Look at prospectus page 45 Sell at strength.
Looks like Greatech is very similar to Dayang ... Greatech latest EPS 2.48cents annualized to about 10cents x PE10 = 1.00 ... The price may collapse before next qr announcement in case there is a drastic drop in revenue n profit ...
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....
moneypedia
5,987 posts
Posted by moneypedia > 2019-06-17 10:53 | Report Abuse
sini makan ayam skit2 yadi laaa....