wow ricky yeo is back, still waiting for your next blogpost

hold ctrl + mouse scroll up, done.

@paperplane2016

If you are looking for themes, this is not for you.

@Probability

"The increase in profit before tax for the Group was mainly due to write back of provision for receivables after recovery of debts and revalued foreign exchange
gain on US Dollar currency deposits." (Taken from previous quarter report, nothing to be worried about)

Of course they would benefit from it. Have a look at their annual report, foreign currency risk.

@Hiu Chee Keong

Good on you.

lost its theme, not fundamentals.

Lost its theme, not fundamental.

I look like a fool trying to argue with people on the internet. It just pissed me off everytime I see short term traders, knowing that they will lose their hard-earned money at the end of the day.

Doesnt matter, stock market is a zero sum game anyway. We always need more losers in this game to make it easier to win.

@hng33 if you trade like this I think you will never grow. You are those people who think they can buy at the lowest and sell at the highest in short period of time. No one can predict the market. Think about it, is there any billionaire in the world invest, or should I say trade like the way you did? Unless you have been consistently earning for the past 10 years or so with this strategy, then you can shut my mouth.

Didnt know JLo is Ah Kua

The power of Petronas.

How much did they pay you? Just kidding :)

Checked everywhere, mostly good news but price going down. Probably dumped by foreign investors or big kaki. Therefore, it will only affect this counter for a short term but not in long term.

Investing 101:Buy low sell high.

PublicInvest Headline:

" L&G: With RM300m cash in hand eyes land in Klang Valley, Johor and Penang. Land and General Bhd (L&G), with RM300m cash in hand and gearing ratio of 0.17x, is exploring opportunities to acquire more land. MD Low Gay Teck said the group was eyeing land in the Klang Valley, Johor Baru and Penang for the development of residential projects. “The land held for development in Sungai Buloh, Tebrau and Sungai Petani has a net book value of RM38.1m,” he said. Low said the company was reviewing a few proposals for industrial land in Johor. (StarBiz)"

I agree with Lonaldo. But no matter what old fox or dividend trap, if a company is earning and growing, the stock price will eventually go up. If you are looking for good return within 3 months, this counter is not for you. If you can or willing to wait at least half a year, go for it.

Lol Robbie, you funny. Yes agree with bing, today is a good day to buy. Buy low sell high.

another IDEAL?

Yeah cause it went up to 0.84 high before, so logically people think that 0.63 is cheap, they don't care what caused the price to drop from 0.84 to 0.63 in such a short time. That was probably why it went up to 0.72 in a few hours after break. What if 0.84 was just a made up number?

kimssiat, anything to backup your statement, or it's just a guess

Come on guys, dont forget the purpose of investing is to earn money...not a competition.