ICPS conversion 3 into 1(1 is 5 cent).So its should be 15 cents.Usually it will near its conversion price of 15 cents.But if the money ICPS can successfully invested (profitable business) should be higher.
lkang , when market good ...big holder no choices buy 8 cent for investment waiting shares up to 16 cent for make profit 100% . risk and reward ratio 50%-50% when market no good give a very good chance to big holder sell 5 cent cut losses with -37% when 2 cent buy for investment waiting shares up to 5 cent for make profit 150% if up to 8 cent make 400% or maybe 16 cent 800% .risk and reward ratio 10%-90%.
buy stock want see company cash flow ... cash flow more than debt is save and worth is a good choices for invest ,debt more than cash flow risky not a good choices to invest...
when economy good ...buy stock projection the company financial earning growth to invest...when economy crisis most of company futures will financial losses...not need to see earning ...important is see prices stock...most important is see debt and cash flow ...debt will make company can't survive in the crisis when received notice from the courts company going bankrupt cannot listed in bursa .
thanks onlyhuat888 for your kind explanation. I do not really understand how to read the company financial account. I bought based on speculation. SEEING the price dropped from 27cts to 12 cts , I thought it was a good buy. Never expect the price to drop to 2.5 cts.
Ikang it's depend on one experience.U do not bought at the highest price.But new shareholder that coming trying to push down the shares.y?Its do not wanted the old shareholder to benefit.
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....
Michael Kwok
6,454 posts
Posted by Michael Kwok > 2020-03-15 22:51 | Report Abuse
Please come to thx me in
Stock recommended to keep 6-12 months... By Michael Kwok(press the name and find the title)
Buy VC 2.5-3 cents.Each investor rm 5k.