@maxlee... bro, just kidding that one. alibaba is already here. office is in bangsar. rise in prices probably due to the good second quarter results - look for info in Bursa website. There was an AGM three days ago. If you had attended it, probably you will be able to guess why there is renewed interest in this stock.
I am guessing it has to do with the DFTZ which was launched in March 2017. July that year saw this stock at its high of 47sen. Next month, Lau Ma is visiting China. I am guessing he may visit Jack for a tete-a-tete, afterall he is talking about drawing more Chinese investments that will benefit Malaysians. So when they meet, if they do, it certainly wont be about discussing fish head curry or cheap durians. Just a wild guess.
early next November qter results should reveal another bumper revenues as it should be expected, in business sense there should be expansion , the share price reach 46 sen last year amid in small revenues... not too late to get in kikiki for long ride till cny ...hihihi
Latest statistics report revealed August had more that 100 billions trades ,10% increased due to tax holidays . Presumably most companies will show good revenue increase in this November qterly report. Tax holiday of gst end on Merdeka day .Nov report base on July August and September output. Still got time to take position and it is a good time to accumulate . Risk all yours . Kikiki
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....
Lim Tek Wai
2,386 posts
Posted by Lim Tek Wai > 2018-08-03 11:14 | Report Abuse
Up, up, up