although i cut loss here coz stuck in here more than 2 months trigger my desperation to playin in penny stocks and develop new skills...good job mmsv...thank you...hope you all huat...as arnold susah nak eja said "ill be back", if i gain enuff....tut tut...
when we climb a hill, but it too steep and we know our cope is not adequate. suddenly we see a junction which can make us relieve a bit. Better option which somethin precious and valuable inside. So why not we just rest for a while or longer than expected. Only then, we can climb. So stopping not just mean we forget... chewahhh!!!
Good FA fundamental and good business in right IOT sector but TA Chart may look bearish.
Valuation using PE 15 is 215 and PE 18 is 258 based on Projected FY 2017 EPS of 14.34 (1Half year EPS 8.14 Sen)
Zero borrowing Co with RM 20 mil cash in hand. The Co is seeking to transfer to Main Board and had applied to SC on 26 Sept 2017.
Share price range for 52 Weeks price 51 to 205
The Co reported Q1 FY17 (March) Net profit was RM4.104 Mil giving an EPS of 2.55 Sen (Q1 FY 16 EPS was loss -0.14 Sen) and for Q2 FY17 (June) Net profit was RM8.999 Mil giving an EPS of 5.59 Sen (Q2 FY 16 3.54 Sen).
Giving 1H FY 17 YTD Net profit of RM 13.102 Mil with YTD EPS of 8.14 Sen.
Current YTD Gross Profit margin of 35.5% is higher that of FY2015 and FY 2016 of 32.38% and 32.59% respectively.
Normal Mr. Market reaction...!!! So many types of emotions involved, investors, traders, manipulators, insiders, conmen, etc. Everyone wants to win, it is a zero sum games...!!! That's is why, stock Investment is for those with stable n strong heart, n have the right temperament. Rational attitude n optimistic sentiment is crucial. For MMSV, where are those weaknesses, that could be attacked by all these sharks n crocodiles, in Emperor clothings? Insiders are buying, plus the management are buying back its shares. So roughly you guys knew, where its market value! Company has fantastic balance sheet n withstand any downturn for at least 2 to 3 years. Do you think I am a Pig to be slaughtered? I have more than 33% of my Capital in this company, and I think I am approximately right, its business model n Earnings Growth Prospect. MMSV deserves a higher PE, among its peers, maybe should be above 25 times Earnings multiple. At present market value is selling at a bargain. Final decision is yours, thanks n good luck...!!!
just a simple advice here, regarding our strategy (FA or TA or BOTH) and fund (limited - timeframe unsustainable or enormous - timeframe sustainable) .......use it wisely.....
TA can be very effective at times...!!! At present Oversold...@Bullish n Bearish Sentiments, crossings, Bull is slightly higher than Bear...!!! We shall see the Finale...!!! At present market value@Bargain Price...!!! http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=0113&mode=D
Wa.. it seems like so many risk taker here. If the qr no good we gonna lose big. Today rebound might be technical rebound due to oversold and also penta/ vitrox / aemulus posting result which is not bad. Thus, ppl putting hope on mmsv. But I have observed that mmsv is the only counter that have most obvious downtrend , compared to others. Others peer still in uptrend. Thus, I choose to offload first. I am abit chicken haha
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....
Alex Foo
12,594 posts
Posted by Alex Foo > 2017-11-17 09:40 | Report Abuse
tut tut so happy got company insider buyback to boost morale =D