No. What I meant is last week I wrote a long post here explaining why throwing during the dip last week is not very wise and I got alot of shit for it. Lol.
If you can guess or expect when a stock will up or down as you wish, better sailang jackpot don't waste time invest. Buy if you trust, sell if you dislike that's all
The realistic thing is public placement...296mil shares for PP if added to current shares outstanding of around 3billion units will expect price down around 9.8% in short term. For the long run, if the PP used well, and in this case sure its to prepare for government project without getting any loan, then you do the math...money does not always comes easy. Unless its dataprp counter which is rare case caused by market maker. Still TAYOR
Dataprep without any big project, continue to up, when announcing to issue PP, the price went to limit up. IRIS, announce got RM1b gov project, price drop, drop and drop. President resigns, shareholders cabut, when announcing to issue PP, price continues to go down. Don't you think this is the funniest counter? Only in Malaysia ha ha ha
Worried for Iris investors bcos till now after more than 30 days from LOA dated 29/01/21, Iris Mgmt has not announced that they have obtained performance bond of 12.8 mil to be issued by their banker to KDN for their NII contract. This is one of the crucial condition in the LOA...... Any one wish to enlighten on this matter
where is the con artist and the conned man? so sad still cannot wake up, con artist better stay in this con counter, dont go to other counter talk cock, just like the roti john farmer playing roti pusing pusing talking cock in other counter. but so sad, that dumb is still doing shit.
Fundamental wise.. You look at the company cash position and bank OD is more 20 million to pay for the performance bond already..... For PP they do want to reduce the cost
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....
Cendawanmagic
93 posts
Posted by Cendawanmagic > 2021-03-07 12:43 | Report Abuse
No. What I meant is last week I wrote a long post here explaining why throwing during the dip last week is not very wise and I got alot of shit for it. Lol.