Wah, this section getting livelier, many different usernames I see now. Good, there is more attention.
Actually, if your fingers are itchy, as I said, this is a boring company, wrong counter to get your quick returns. You are free to sell it now, it's a win-win situation; you can make your quick returns switching to banks or big cap recovery now, and this counter has less jitters and anxiety, and can form momentum quickly.
Personally, short term is too tiring for me, and I'm not that generous to keep paying brokerage fees, so bargain hunting counters like this is my style. No point to advice you to buy, hold, or sell in this shark-infested forum, if you need the money, please sell. If you ask for my plan, I will still hold for up to March, this was in my plan before I even bought this stock. But then again, I entered at RM0.11 back in April, I have no risk on this, even sold some in June, topped up a bit back in August.
Now back to the counter, you can even see with naked eye that we are almost at the foot a of a hill. But in order to make a mountain out of that hill, this counter will need PR boost. Luckily for us, there should be a lot of GFM-related news in January, peaking with a very strong FY2020 in Feb.
next mth QR will be better if added new income from Petronas PIC new contracts. So far cumulative 2020 3 Qtrs profit 5.249mil already. if Q4 2020 can exceed 2mil it will be on par with 2018 full year profit. PE will drop to 12 only at current price 17sen. no reason why the price still cannot up like 2018 right. be patient. just counting another few weeks only. Correct?
This company recently had a fatality case at one of its sites. Looking at the report, seriously its governance person doesn't play a good role in reporting instead falsify the truth. Can it be the same as financial reporting, I just curious. Just imagine how bad the management control the issues. The same controlling handicap would reflect the company's reputation. Particularly its share price.
Completely no news at all in January ya, very disappointing, I was really hoping for at least the Amzass acquisition progress news for pre-FY boost.
This counter really make us fed up ya, flatter than wood plank hahahaha.
But I trust in my research, no point thinking about holding too long, for new investors I think if enter now is the best time, while waiting the QR end of month (hoping on 23rd, because if 26th evening like usual then I'm scared the news will be stale by 1st March Monday), that I am confident will be very good. Saw some spikes in volume, means big players also come in already, let's hope for success! Also bigger dividend, GFM please!!
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....
maya1301
660 posts
Posted by maya1301 > 2020-12-17 16:00 |
Post removed.Why?