lchits.............. i knowla......coz u said u bought 0.6 to 0.295 last 3 years ma maybe u feel frustrated to hold??? or maybe u are mad now?? holdla............ drop more better can collect more
ichits,u may cut loss some,buy warrant,bcoz wa and wb follow mother too,,up down together,just a advise,,bcoz myself like to buy share warrant,less cost,earn same too
lchits, don't worry, your target price is not a dream.
Digistar has RM250million construction project on hand. Digistar Melaka Hotel RM150million is completed soon. DTTB project RM800mil going to awarded soon. CCTV CMS project is on the table. Pinewood studio project will be more n more. Money lending business start soon. More acquisition is coming.
It is just a matter when Dato want to goreng it.
Digistar market cap is only RM100mil.
As long as Dato got intention to goreng, RM10 million capital can goreng it from RM0.30 to RM0.80 oredi.
Ichits, in stock market, everything is not impossible. There are many classic examples like cybertower (15 sen to RM2), harvest court, sersol, etc. Just a matter of time and opportunities. Good luck.
Calvin Tan, do you aware that Secret Recipe Cakes and Bakery Sdn Bhd is holding Digistar?
Check out the Annual Report, and you will see Dato Steven Sim Leong Thun name is appeared as one of the main shareholder in Digistar.
If you don't know how powerful is secret recipe, let me tell you here.
Secret Recipe has more than 300 outlet across Malaysia and Asia. Imagine each outlet produce cash flow of RM3000 per day. 300 outlet is equal to RM900,000 per day. 300 outlet is equal to RM27,000,000 per month. 300 outlet is equal to RM324,000,000 per year.
Even myself is wondering why such a successful bakery buying Digistar's share.
Any hidden gem hide inside Digistar Corp??
Or Secret Recipe plan to take over Digistar for back door listing??
I believe everyone should be very upset today, so as me.
Now, it is not the time for us to sell for profit taking or cut loss.
It is the time for us to find more spare money, to standby for market crash.
In year 2008, the market crash has hit me very very bad. My net worth from positive become negative few hundred thousand.
The lesson I learn from that crisis is:-
1) Make sure you have the holding power. As long as you have the holding power, you can ignore the share price. The drop in share price is just a temporary illusion that make you confuse, as long as you are still holding the share, the price will come back one day (provided that the company has good fundamental).
For example:-
I bought 500k unit of XXXX at 26 sen in year 2007, then it drop to 9 sen during the financial crisis. I know it is a good stock, because I don't have the holding power, I had no choice but to cut-loss.
If I had the holding power, I don't look at the share price at that time, when come to end of year 2010, it went up to 46sen.
That mean, instead of losing 85k, I suppose to gain 100k. That mean, in total i lose 185k. That mean, if I had the 185k, I could even make more money in year 2010, 2011, 2012, 2013. That mean, actually I lose more than few hundred thousand.
So now, what you need to do now is start raising fund to protect yourself:-
1) Refinance your house (but the procedure might take you few month) 2) Apply for personal loan (fast but interest quite high) 3) Apply credit card (nowadays many credit card provide cash facility) 4) Raise fund from friend & family member. 5) Collect money from your debtor (provide them some discount for early payment)
If let said market did not crash, all your counter went up to the previous level, you should even happy, as i believe the gain must be higher than the cost you incurred for raising the above fund.
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....
sbzk
806 posts
Posted by sbzk > 2014-10-01 20:47 | Report Abuse
lchits selling??? coz i know u hold bif lots of digistar