Major shareholder won't sell now. Too early as if JobStreet management able to venture a new business within a year or so then the share price will definitely different depend what business they are venturing about. Could potentially back to RM2+ or even more within the next couple of years. This way the major investor will again triple or more than financial portfolio.
Believe they will sell if through out the end of 1 year after Seek deal no action or new business being decided then they will sell even the price lower than today. But they already make tons of money from the special dividend they are getting lately. Whatever they holding now is all free :-)
Yeap....the only reason is that they are cash rish and owns 80-90% of the shares....they can goreng to RM1 if they want...anyway the fundamental doesnt justify so...sorely goreng and hope and dream
Mark Chang is an entrepreneur that build Jobstreet into it's current size over an decade. Is it his or anyone in the management level's incentive to goreng share price? Any director or majority that goreng their own share price are almost always those that fail in their business.
actually.... no one know what happen actually and behind the scene. But for sure some group of people know that why rumor spread and people just buy.... How these people know the insider news..... That the question and problem :-)
herb mentality - people lost alot last few weeks. this is one last gold mine to dig before year is over. jump in blindly and other people make your money. remember that well
Reread up there. Common sense, if Mark Change CEO and founder, and other long time management personnel are the kind of people that will goreng the share just for quick profit, there will be no Jobstreet as it is today. These people are motivated to build empire and change the world, not making some quick dirty profit. Same goes for founders in PBB, Sunway, Genting, you name it, how long did they hold their shares? they would not have such success if they focus their valuable time in making quick profit. Who makes quick profit? Sumatec, IRCB etc, thats why their companies are garbage.
Goreng as in you mean pump and dump right? I am sure if someone says the major shareholders are buying, then thats probably true, which will push up the price, but i dont think their motive is to push up the price in order to dump, it just doesnt align with their character and personality. It is like vegetarian suddenly becoming full time meat eater.
from global glut and depressed oil prices, with chinese currency threatening to take over usd's role, i doubt any venture will see profit in 24 months, now matter how well it is headed by
pocket dulu is the answer coz up fr 25c...., major corrections will make many masuk parit.... no more buying of treasury shares after 24/12....that time the price is only max 32c
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....
murali
5,723 posts
Posted by murali > 2014-12-30 10:06 | Report Abuse
The only reason of it drastic increase in price is that it's being cornered...