I hope I can see the Systech roadmap here, formerly known as Viztel Solutions where a change in Management turn the Company around in a span of 1-2 years. Cheers.
@coldrisks: I am not sure about TMS but as for Ingenco I see a new management with attested track records and within 6 months they came onboard a forward looking business plan with put forth and made known publicly, indicating to me that there could be something for investors to look forward. Regarding the change of major shareholders and the share price hike, we had seen the episode earlier this year.
Ameoba, actually today the price should be up more than now. But you see, the situation have interruption due to overall market scenario is down. Especially theb ACE MARKET....
My personal target would be between 10 to 12c. If market sentiment improves probably could trade higher to 15c. Market fall 100 pts in a week but ingenco solid as a rock
Hahaha....AMOEBA...please....impossible can jump to so high at like this... previous record for the company can jump price due to get big big profit.... INGENCO now is need to maintain the profit by management.... once company get profit....the investor will take opportunity to speculate the pricing to higher...
FY16 is considered a new start for Ingenco with the new management team. Horck has a valid point: The new management needs to rebuild the business first and then the market would do their part gradually.
Previously peak was most likely due to rigging via the news play of the 55 sen offer/share. The former team was alleged to be colluding with syndicates to make that happen.
My suggestion is that you study the counter properly and know what business they are in before taking a position. What horck meant is common sense: There has to be a business reason for the counter to move and that means Ingenco has to show sustainable profits moving forward.
Don't expect miracle to happen in the short term.
Youghin Newbie here, what horck was trying to tell was?
Today is force selling T+3 for buying at wednesday....for those contra nit easy make money now...no contra please.....after finish force selling at 0.065....they only loss money for managment fees.... tomorrow have chance valur push up. But ths time is speculation for AGM and finanicial report for Q1 end aug15 announce and end sep15 right issue
@horck: What is your gut feel on the upcoming 1Q'17 results? I remain neutral in view that it is the 1st qtr under the new management and they need considerable time to move things in the business. No obligation to reply, yeah?
My opinion is either the result is good or not...sure the price may goreng to more better price... if you are long term investor, wait for after result come out. If you are not long investor, onoy shirt term investor, before result come out, sell off to take some profit.
kakisaham, lama tak nampak tuan, masih di sini lagi ka ? banyak counter sudah lingkop, masa sesuai masuk `CHINA50 C7, C8 & C9' berkemungkinan esok akan `BOOM'
Shacks, I am open to giving the 1st financial year of Mr Wong. Restructuring needs time. Just the business structure standalone and the business standing restoration can take up the 1st 2 qtrs. cheers.
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....
ozzie75
8,772 posts
Posted by ozzie75 > 2015-08-14 09:08 | Report Abuse
Maybe it is due to the nearing 1st qtr FY17 announcement. Stay watchful.