Very good point by SELL ! Unless you yourself understand their business modal or their technology advantage, don't blindly invest ! Past performance does not guarantee repeating future performance ! Especially for technology ! It can change very fast. Once a new technology comes out, it can simply wipe off those old one and push those can't adapt to change to bankruptcy !!! This is more a goreng counter rather than fundamental one
Technical wise, trading band with sideways from 1.74 to 1.90. It rebound from 1.74, so I would expect it to trade between 1.74 to 1.90 until it break either 1.70 or 1.90. Fundamental wise, definitely a fast growing company, riding on the wave of tech stocks scale of economy. PE at about 13++, still lagging industry average of PE 20 at this time. If get out from 1.9, I believe will most likely to trade above 2.0 Lets see whether my analysis is correct or not :)
Sure bo. Can sustain through all kind of political jokes? Plus some experts forecast that yuan will further plunge another 8%. Too many bearish factors....:)
anything that goes up will goes down n vice versa ....nothing is in perpetual .....Normalcy n senses will prevail. If u r in the opinion that the market is yet to bottom , do delay in buying but if u think that the market is going to make a technical rebound n that the chances r there, why not coz the risks already paired down greatly . We r in 1600 level n not 1800+ level ...already 200pts down , may be another 100 pts down n by that time , all counters can be considered dead ....bye..bye..
Hi Sifu's, im seeking advises. my average cost is rm1.79 while the current price is rm1.55, i have sustained a considerable loss. Should i sell it and wait for lower low to buy in or should i just keep and wait for rebound?
profit not sustainable and high volatility in earning, thus cant give confidence to investors, the only positive things to stay put those investors i guess is the good dividend policy and "good future prospect" (still a question mark on this), plus current bad market sentiment, it only make things worst, those who still believe in this share perhaps have to get your cash stuck in this share to continue to hold it (which means will miss opportunity to buy much quality and steady stock in way cheaper in current market condition) until next year 2016 at least i guess, even next year can be that good as expected or not (if good can it be sustainable?) still a question mark in future, or perhaps need to rethink back the strategy as based on current bad market sentiment (apparently seems can go even worst), good and quality proven stock selling so cheap (or maybe even cheaper) everywhere.
i see, but i not think gone case, biz could be slowdown but not mean continue slowdown~everyone knew market very bad, almost all stock drop 25% from index 1800~
According to the The Star news in 15 June 2015, CEO said the demand from the smart device segment is expected to be slower this year, as there are fewer new smart devices requiring test equipment with new functions. "This has impacted the orders of our test equipment in the second quarter, which is slow compared with the corresponding period a year ago,” he said."
The revenue is expected to be low. Be alert guys~~~
According to the latest quarterly report, company remains optimistic to the financial performance due to two reasons below. 1) In the second half of 2015, the group aimed to launch embedded or computer systems for controlling medical devices. “This segment should impact on the results positively either in late-2015 or in 2016,” he said.
2) In 2016, the group expected its associate companies to generate at least 10% of Elsoft’s bottomline. “Lesoshoppe.com, one of our associate companies involved in the running of an e-commerce portal for test and measurement instruments, expects to reap benefits from its expansion into the Asia-Pacific market. “Elsoft holds a 30% stake in Lesosoppe.com. The other associate company, Butterfly House (Pg) Sdn Bhd, is also expected to contribute positively next year after a major expansion exercise taking place now,” he pointed out.
BUT, the low revenue due to lower demand from market is the fact. Would you hold, sell or buy?
I decided to hold. Company growth is still promising. LED in auto and medical sectors and associate companies expansion hold my confidence. Zero borrowing and 24 millions cash knit the safe cash flow net.
Keep watching the next quarter result to do better investment decision. One quarter result doesn't tell the whole story.
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....
N225
63 posts
Posted by N225 > 2015-07-16 08:59 | Report Abuse
who got attending the august 9 speech in penang ???