What do u do if u are datuk? If u know you company is going to sink, would send only 300k massage to market? Is he so kind to let public to escape first? So kind?
Siewann19, good point, If I am Datuk, if I plan to sell, I will sell 30mil shares. I will few million everyday, wait until 3-4 weeks later only announce to Bursa. When you guys get the news, my 30 million share already change to your hand... haha.
I won't so stupid sell 1.5mil share which worth RM300k, then immediately announce to Bursa to inform the whole world I'm preparing to sell share, please run everyone.
4 years ago, when Datuk sold its Digista-WA, Datuk dispose 30mil Digista-wa in one day, all the retailer who pick it all die. Because Datuk sold at 20sen, and as at Jan 2017, Digista-wa worth 2.5sen only.
This shows that Datuk is a typical businessman, when he know his company are overvalue, he will sell it, but when he know his company are undervalue, then he will buy it.
Since Datuk accummulated so much of Digista from market at price 15sen-30sen, then you should know Datuk believe its company can exceed 30sen.
the share sales was done on 12 april at 0.202. On that day Digistar hit 0.235 and closed at 0.225. So i really think that was just one off, for what ever reason. Today the price has stabilized
Major dispose shares from 22 Dec 2015 to Feb 2016, after that price start to drop from 0.20 to 0.16 from Feb 2016 onward. Thereafter major buy back cheap again. May repeat this time.
harlem, share price are value n support by earnning, just a fast question, what the earnning from Dec'15 to Feb'16? How about Dec'16 until Sept'17? All we need is calculate the coming eaning. JKR, Hotel, n Security. Don't forget above business investment expense is done. less cash going out, but more cash coming in.
so, last year 2016 earning is only 7million, then how about this year 2017? I am very confident their can make more than last year. How much more is what we need to find out now,
well there was a private placement exercise in march 2016. So the sell down in early 2016 definitely has something to do with it. Can not simply compare then and now.
Albukhary, maybe the expansion below may warrant some extra fund:- "Digistar will invest approximately RM40 Million for this expansion and will setup approximately 30 service centre and concept stores nationwide in 5 years time." http://www.bursamalaysia.com/market/listed-companies/company-announcements/5365949 Just a thought, don't mean to pour cold water.
Just a survey, anyone ever play contra on Digistar and make more than 5k? Based on my observation, I think very hardly got people play contra on this counter and make money. If not mistaken, more than 80% contra kaki are making loss on this counter.
So, this counter only suitable for long term player which have holding power and time.
People born in 1950 - 1970 like invest in share market. People born in 1971-1982 like invest in property. People born in 1983-1988 like invest in share market & property. People born in 1989-2000 like invest in money game.
albukhary,, just accept the fact la,, the kiasi tauke soh sell her stake 99% mean something not right ,,I experienced this twice within 3 yrs.. this couple seriously need a sifu to teach them how to goreng share instead of doing business ...
i think this couple is giving us a very good opportunies to get on board. look at the stock price now and compare three year ago. That time their only announe get project Hotel n JKR to venture, then ppl flow in and bought. Now their have finish n complete the project, but ppl want to sell their share. I think this is very logic that small fish will lose money in stock market. The winning party should be opposite.
harlem Albukhary, maybe the expansion below may warrant some extra fund:- "Digistar will invest approximately RM40 Million for this expansion and will setup approximately 30 service centre and concept stores nationwide in 5 years time." http://www.bursamalaysia.com/market/listed-companies/company-announcements/5365949 Just a thought, don't mean to pour cold water.
Harlem, why should we worry above invest? They want to invest 40M in 5 year by progressing. That mean only business is going very good then they will put more money to this business. As a shareholder we should very happy our company is growing, right? if we want to win big, then the company business need to expanse big too.
siewann19, not worry about the expansion. It is the private placement that is worrying. The buying parties definitely want to buy cheap. Just like the last one in Mac'16 bought at 14.3 sen. Nevertheless I OPINE that whether private placement or not, after JKR money start to come in on July, price should go up substantially.
First of all, you need to understand what is "closed period".
"Closed period" means a period commencing 30 calendar days before the targeted date of announcement to the Exchange of a listed corporation's quarterly results, up to the date of the announcement of the quarterly result.
Under bursa's regulation, when a director intend to buy/sell the share during the "closed period", he must make announcement to Bursa first, before the he can buy/sell the share.
So, today Digistar announcement bring out two important point:- 1) Today is 19th April, so it mean Digistar will announce it quarter report within 30 days from now. 2) Datuk Lee plan to buy / sell share within this few days. If he sell, that mean is good sign. If he buy, then very good sign.
Today one old school mate whatsapp me, ask me whether I heard about this counter called DIGISTA, he said his client recommend him this stock, said got very good potential wor...
Then I reply:- " If you got free money on hand, then buy. If no free money, please don't buy, as you chance to win is very low. The longer you can wait, the higher chance you can win. Just like gambling bacarrat, if your money just can last for 3 game, and all 3 game you bet on player, then very high possible that the result for 3 game is Banker, then you lose all. But if you have enough money to last for 100 games, then different story, very high chance your "player" bet can win.
Then he reply:- "Noted, I just ask for fun only, no money to buy".
Actually I waited, 0.21 still not feeling to buy. 0.205 it come also , still not feeling to buy. 0.20 it happen also, still ta sedap to buy. Wait 0.195 Hv a feeling can try.
Lchits, you own a lot of Digistar? If you have own it for around 4 years, then your cost must be around 30sen.. Have you average down? Why you don't want to sell when it rebound? Other than Digistar did you buy any other stock?
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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....
siewann19
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Posted by siewann19 > 2017-04-17 19:42 | Report Abuse
What do u do if u are datuk? If u know you company is going to sink, would send only 300k massage to market? Is he so kind to let public to escape first? So kind?