Many will sell down as expecting superb quarter report. Short term player will switch to another counter.. Should look for opportunity to buy this counter dirt cheap (many will oversold)
if u want to comfort yourself to say sell on news ... then please look at inari, tguan, lcth, these stocks continue go up after outstanding result is announced ...
traderman, result is bad? how well in ur opinion is good? even at lower than previous year corresponding quarter, but its current PER just 11. take a look at other ACE counters la, even loss making companies also can give ppl goreng up so much. or you wanna stir fear so tat ppl panic sell and you (and probably the boss you working for) can accumulate more?
I just feel somebody big is orchestrating the drop. retail investors like us wouldn't panic until willing to sell till this level la just because the earnings is lower than last year's quarter
In the game of snakes and ladders, the winner is the snakehead. Transfer of wealth from the Sin Chiew uncles and aunties. Not the right way to make money. Very bad karma.
As usual RGB will drop at this moment as Ringgit is Strengthening, it will only re bounce when US increase their interest rate. Trade at your own risk.
Those blogger are goreng goreng kaki, they buy earlier and blow this counter how good how good and wait for u all (water fish) to push higher and higher
Yalor...seriously...I'm quite disappointed also to the qr...anyways, I still confident to this counter....so I will buy in at lower price as much as I can...this quarter , the result no as good as predicted because they stok in a lot of spare part mayb because of currency...so next quater the cost of spare part will highly reduce...
up to how u all think lo, why not it be the other way round. spinners like Ultramen spin news and create fear so tat the big players can accumulate lower? the latest quarter earning may not be up to expectation but its way better than chase after those goreng loss making counters.
let be realistic, retailers and water fish do not have the fund power to push price up or down much. the way the price down and up with huge volume has to be the work of the big players toying with our faint hearts.
since rgb is not a loss-making company, we just dissappointed we did not take advantage of the chance to buy low due to fear or no bullet, when the players push price down, before up again.
i got comment before about the spare part. really one of the factor.
Posted by Johnny Mah > Aug 4, 2015 01:56 PM | Report Abuse X
RGB not really manufacturer, consider assembly product? or as a distributor role ( buy and sell). Those parts should buy in USD. sell in USD. Logistic should know well, those electronic board or parts clearance should charge at foreign currency too.
Johnnymah...u r correct...They buy spare part in USD...n they may provide free warranty ...that's y they stok up those spare part before the price going up...
today Frontken also a victim of price bashing by the big snakes. but Frontken memang posted loss making quarter la. so when it comes back to RGB, chill la
USD lower & Ringgit Up .... so how about buying puncak for the RM1.00 dividend ... very Juicy you know .... especially when foreign funds are buying up so many RM .... hehehe
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....
Pusher_Punisher
413 posts
Posted by Pusher_Punisher > 2015-11-24 12:07 | Report Abuse
Many will sell down as expecting superb quarter report. Short term player will switch to another counter.. Should look for opportunity to buy this counter dirt cheap (many will oversold)