please bear in mind too that the coming earnings will be impacted by exchange losses due to strengthening MYR. USD, SGD and HKD has weakened against MYR.
I am surprised that M3 released the results much earlier than previous years. I don't recall it has done this way before. Leave the resutls aside, will M3 share price go up? I think it's more difficult now, my guess. It's good to see how those roll over players settle down before we can see a meaningful price recovery, if there is any. It's quite different when one takes M3 & compare with HuaAn. For a stock to shoot up crazily, very much has to do with the background of the boss. Naturally, every boss wants the share price to spike up, but not every boss can do that magic trick.
Please leave here if you still want to blame people when share price dropped! Sell your shares and stop trading. Put your money to FD. Please learn how to appreciate instead of blaming
M3 is stabalizing now. Fewer roll overs & ding dong games. Good news. For the Q results, I am still not convinced about the turn around story. To me, the M3Suites are not selling that well as claimed by some. Maybe I have interpreted wrongly.
I checked again but still couldn't find the good results as claimed. I am not an accountant anyway.
1. It's the mobile solution, rather than the SSAS, that contributes the rev & profit to the company. If M3 suite solution isn't part of the mobile solution, then the excitement as claimed by the company is no where to be seen. 2. Geographical segment wise, Pakistan is the main profit contributor to the group. Unfortunately, it's 60% owned by M3. Balance 40% could own by a local partner or maybe another private venture of the boss...?
Price performance anyhow is firmer. Hopefully it can show further strength in the coming 2 - 3 weeks time.
Ha. Ha. Ha. Welcome to Bursa's 2nd liners. Up down so many times. Stop blaming others. Your money, your investment. ESP, already explained. If can hold until next Q, May be there's no more unrealized loss. At least this Q, this counter is in positive territory.
1st of all go check which 2nd liners confirmed going to go up in Bursa? Even if goes up, where is the next upper support level? Almost all goes up than come back down again. Want steady solid returns than play Blue Chips.
Nowadays 2nd liners in Bursa is all about up down gambling. When to go in and when to come out. It's only luck when what you've bought suddenly spikes! I It's your own decision!
Yesterday another blog with the subject of $$$M3tech..., I think it's just another attempt to push the stock price. To me, if the results are good or without good results but with strong syndicate backing, a stock can perform. M3 seems so far lack of these.
Everyone who posted here are all M3Tech share holders.... Of all the debate I read, Zoom should be the one holding large position here! Keep on barking Zoom.... when time come, our TP will be hit! Meanwhile, I am collecting more M3Tech..... Hehehehehehehe!
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....
rijack88
1,008 posts
Posted by rijack88 > 2018-02-13 15:45 | Report Abuse
top up top up!