if you are focusing on the price
you have many sleepless night
if you are focusing on the fundamental
you have no nightmare
conclusion:
it is your investing attitude that determines the outcome of your investment
2016-10-29 10:03
Do you think Gadang earning can sustain 7.5 sen per quarter? If yes, then maybe it is worth RM3. Else, I think now is a fair price for Gadang.
2016-10-29 11:35
Don't think. Like Calvin said, anything above RM2 for this Gadang must sell. Its price cannot be supported by its annual div. If retail investors don't sell, big players/syndycates will sell first. Over RM2 is overpriced obviously, jack up by big players/syndycates no doubt.
2016-10-29 17:14
I'm wondering what is the price should be if I revert back to the price before adjustment?
2016-12-09 01:57
Bruce88
It is quite similar to AirAsia's fall earlier. Thus $2.79 is an important support for Gadang going forward.
2016-10-29 08:13