Yes paid the 715 . 705 and 70 soon no worries . Got staying power just collect loh . Best time to accumulate and take position , look forward for at east nx. 3 qters performances and will see true values .
After Tun resign,,tat means he is now build up his own power...so Tun related stock will see resilence at tis moment..if bn loss majority in Sarawak...opcom 1.20 no problem
While the project is a big chunk of pie, Opcom will be facing competitor from Leader Optic Fibre Cable Sdn Bhd, Fujikura Federal Cables Sdn Bhd, Gunung Fiber Optik Sdn Bhd, Photon Technologies (M) Sdn Bhd and Optical Communication Engineering Sdn Bhd. However, Opcom will still be in the advantage position due to their past record and also strong political ties. OLD NEWS.
It was a surprise to see Opcom main shareholder to sell 500 over lots at average of slightly above 0.68 cents. If really want to cash out should have used the latest good QR performance to below cash out at better price. It is true the current political tension is not positive to Opcom but the contract that was signed with TM are all 3 years and will lasted till 2018.
One observation that I see is that at the current moment , Opcom price is not moving in tandem with the financial performance.
August 2015 the price fell to lowest below 60 sen just prior to a turnaround QR performance.
But the impact of the sell off by main shareholder is causing some uncertainty and some selling among investors but at the same time,
Lately the buyer ratio and volume transacted seems to indicate some collection.
If the appointment of Mokhzani have caused the spike to enable another major shareholder to cash out. Could this round for the price to go below 0.70 sen only to see the emergence of friendly parties to the main shareholder to accumulate..
Personally I will choose to wait to see the Next Quarterly Result before deciding on what to do next with this counter....
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....
Jeeson Yee
61 posts
Posted by Jeeson Yee > 2016-03-09 16:27 | Report Abuse
Mukhris rice bowl that why kena throw