Start to accumulate at rm0.365 and q at rm0.360 Cuscapi had won the contact from oldtown & starbuck + venture into Indonesia & china should give better result in next quarter (if not this quarter). The only thing was : It independaent director was selling his shares recently but strange was % his holding is from previous 3%++ to present still 5%++ (increased; may be from present ESOS or others). So, the chance for company issue is less.
2 batches all matched at RM0.365, one in morning and one was done just a few minutes ago. Let wait the Q result suppose by this week ( i put more hope for next quarter report as Cuscapi just secured contact from Oldtown & StarBuck; both are in expansion mode)
Bagus investeye, kawan-kawan semua, jangan putus asa macam investeye, i dah hold cuscapi selama satu tahun, i believe, cuscapi akan naik, masanya akan tiba. Q results akan keluar minggu ni.
I believe the result should be better. The recent sell down is mainly due to market sentiment on the small cap stocks. Look at the share price of Cuscapi within previous 1 year, rm0.36 is just an average. For me, risk is limited at present price and Cuscapi should out from their worse (year 2013).. Let wait for the result. Note: this is solely my opinion. Again, this stock is not for contra as selling pressure for lower liner is still there!
Had to blame myself for wrong judgement. Will dispose first as I expect may down to rm0.34 before get the support. Wait for more attractive price to come back as I think worse should be over after this coming consolation.
It said certain new major contracts secured in the quarter were subscription based long- term contracts. This resulted in significant Iower revenue to be recognised in the short term while establishing more stable recurring revenue for subsequent quarters. So, how you guys intrepret what it said?
If price can drop to RM0.30, i will change my decision from sell to buy. For IT sector, since most of the development cost for REV was charged under this quarter, some strategy customers had secured. The cost for installation and marketing is much lesser compare with development cost. coming quarter should much better. So for longer term, the price should recover and even can perform better than previous.
really feel sad about this counter. CIMB really misleading people.with their tp. Holding so long above 0.4. Now really big lost to sell..... 25% gone my hard earn money.
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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....
sengkee
2,060 posts
Posted by sengkee > 2014-08-24 12:58 | Report Abuse
Might have to wait again... HaiZzz...