Yesterday trends analysis showed bullish pattern with reduced outflow funds, while bankers presence has increased. Given the market volatility, there may be slight pull back before resuming momentum. Let's observe how market performs next week.
Of coz main reason of buying is strong profit this qr, will transfer to main market. Just forsee the dividends should be indicator it would march further,hopefully..
Just notice this month semicons stocks not doing well. If profit drop like iqgroup, go down like no tomorrow. But profit increase more than double still go down a bit,hopefully next month would be ok
@moneypedia, I think maybe because ppl dont read iqgroup report carefully, they have to know what reason cause the net profit down. They just simply see the net profit n make decisions, and cause many ppl with unstable emotions throwing shares.
"The management explained the reason for low EPS this quarter is due to over-emphasis of RND resource is put onto the new Lumiqs products which saw the slowing down of the existing customers (ODM)project bidding and completion. However, this will be corrected in the coming the quarter. Hence, the low EPS is a one time deal. The investors should be not be alarmed with a single low EPS quarter. The management explained the relationship of IQGroup with the customers are very close and the existing ODM business with the customers are strong and not as reflected by the current low quarterly EPS. " Says JerryWA, an investor who went to iqgroup AGM.
I donno what actually is, I also don't have any iqgroup shares.. just wish u have balance view before making decisions.
@YouBuyIBuy, I donno whether it is worth to invest or not, cuz I didn't study the company. I just simply scan nia. haha . no ones can guarantee it would have better earnings for next q. Even next q result bad, doesn't mean it's a bad company. I personally prefer ROE. tq & good luck to u.
@Daren Ng, I would like to keep my contact as a secret first. hehe. RM1.86 just nice, recently directors also bought at around the price. But u have to know, those directors have accumulated much enough when the shares price was RM0.xx, their cost is much lower than most of us. Btw, I am still holding tight as hell! hahaha Hope you are doing well.
@berkshire, yup exactly, iq still good counter, jjst normal actually up and down in profit, only market reaction weird, im buying a bit for benchmark, cutloss coz long black candle stick is not good for health (my discipline)...yes, some study need to buy @youbuybuy, depend on ur strategy and risk level in iq, if u thing falling knife still there, just wait to settle or find other counter like mmsv 1st better...if compare to mmsv shouldnt be like that, coz FA better, read urself...after all just my 2cents then time will tell.
Dividend is just an extra thing, not really important.
However, by paying dividend it will attract more fund manager because there are funds with requirement that they can only buy share that pay dividend, so mmsv will fulfil this. Moreover, moving to mainboard will attract more fund especially the foreign one.
Mr Tan (Director) bought another 96,000 share again yesterday. He has been buying a lot at 1.80+. Indicate director's confidence of company business and also his judgement on current price is definitely worth to buy.
Yesterday's analysis showed ongoing outflow of funds from the stock, but trends seemed to be slowing down with strong buying support from bankers. Although buy Point has appeared, let's see if the buying power is sustainable today and if so, there is a possibility of rebound.
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....
BullRunComing
1,449 posts
Posted by BullRunComing > 2017-09-16 09:23 | Report Abuse
People are not buying this company for dividend as the reason. Unless you tell me the special dividend is RM 0.5.