Many profit taking today. Many funds are busy taking the gems from those who just want fast money but not big money. Shares are illiquid. Once news and IB starts coverage on petronm, that's the time it will make its journey all the way to above 10. By that time, all the shares are aldy in the hands of funds, leaving very little free float in the market. Want to buy that time? No problem, but at a much much higher price :)

This stock is very illiquid hence if funds wanted to push it down it is relatively easy to do so. Since the company is performing well and is likely to sustain in the next few quarters, just hold the shares tight.

Very very strong free cash flow! If oil can sustain at current level (very likely), refinery margin will be sustainable and hence its bottom line :)

This is for more for investors. Speculators want to play roller coaster ride should visit IWCITY.

People who complains here are those who buy high and wants to seller higher at the next day earning the small bucks. You want to be a punter, then play within the rules and prepare to make a loss. The counter is always innocent, it's always YOU that caused yourself to EARN or BURN.

Frankly speaking, the reason why so many people have sleepless nights buying into this stock is due to yourself - your rationale of buying it in the first place. People who failed to see the fundamentals of this company and only hope to gain quick bucks by speculating and treating this as a casino game, you need to bite the bullet and face the volatility. It's never a smooth sailing since you have decided to take the "high risk high return" route.

While retailers are still being freak off by rumors here and there and failed to look into its fundamental, funds are already accumulating almost everyday on the other hand.

I think the concern for SIGN now is whether it still has the ability like before, to keep securing new and large order books from developers for its project division growth or not.

Thanks for sharing, very enlightening.
Very positive thing about its latest report is the good cash flow, reduction in debts and increment in cash holdings. I hope the management is putting effort to enhance productivity and capacity to boost its flat revenue - something that I am disappointed about.

Hehe.. Technical wise might show resistance, but i believe results will do the talking, give it some time.. :)

Market is always irrational and unpredictable. Bad result sell down, good result also sell down.
Soon you will see people start to rush in and buy again when the price goes higher, this is market - people always think it's cheap when the price goes up, but when price is selling cheap, people want to sell even cheaper.
I've just added more CIHLDG into my portfolio today.

Increase in account receivables and distribution expenses is in tandem to its growth of revenue, hence i don't see it as a red flag yet.
One thing very positive from this report is that the new acquired company brought very good earnings for the company, and is believed to continue to do so..

From mieco's financial statement, I can see it is doing quite well as it doesn't only increased its cash holdings by another 10m, the management is also diligently paying down its debt consistently for the past few and including this quarter. As a result of paying down debts, the group enjoyed a lower loan interest by another 1m as compared to last year. The cash flow of Mieco is very beautiful, with foreseeable increasing profits coming in at least for the next 1-2 quarters to come, and management dedication to pay down debts, the eps of Mieco can only become more and more rewarding.

People have been too exaggerated panic over its last released quarter report. Yes the report shows decline but that doesn't justify this stock to be as low as RM1.84 as of today. I can only comment that people are putting too much of hope on this counter, and when the report shows slight disappointment, people just dumb the shares like no tomorrow. Market sentiment is another issue, when this counter shows very good results in the last two quarters, share price did moved up, but only in a cautiously uptrend because of the weak market sentiment in KLSE. The recent correction in KLSE caused major investors to panic sell, plus the effect of disappointment of this report, SIGN has no luck but to suffer severe tumbling in share price. Anyway, I just don't see its VALUE worth as little as this PRICE.

5 cents dividend will be distributed in Aug, if another final interim of 8 cents are distributed in Dec like how they usually did for the past years (which is highly possible given the high stockpile of cash and resume of business after US port recovered + exchange rate hike of USD vs. RM), then the total dividend for the year will be 13 cents, or 7.83%.

It's so sarcastic that good companies to value investors are always stagnant in price for a period of time( in fact value investors just do not know what is the time its price will meet the intrinsic value that they believe), yet other fair or even lemon companies out there are gaining spotlights by fund houses, retail investors etc and prices skyrocketed in months. It really takes a lot of EQ for value investors to behold their beliefs and wait patiently.