So far this company has been great and my holding cost is low.
Istone is currently Bearish. Let operator collect and I will buy if it drops below 20.. Once the operator finishes their collection, they will push up the price again.
Otherwise, my advice is to wait for the QR release before pumping more into the company.
My sources says profit taking begins on the morning at 0.225, price will drop to 0.205 again and stay for 7 days between 0.205-0.21 before go up again!
i guess as many highly reputable counters experience massive drop in price, what makes this one immune to such consition? unless its performances superb...
@Yu_and_Mee, don't forget i-stone is highly dependent on Dyson Group of companies which contributed 65.5% revenue of FY2018..Besides, i-stone doesn't have long term contract with Dyson..The loss of this major customer will adversely affect i-stone business and financial performance..
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....
Mabel
24,288 posts
Posted by Mabel > 2019-11-17 14:18 | Report Abuse
So far this company has been great and my holding cost is low.
Istone is currently Bearish. Let operator collect and I will buy if it drops below 20.. Once the operator finishes their collection, they will push up the price again.
Otherwise, my advice is to wait for the QR release before pumping more into the company.
Cheers!