ha ha.... why not you and I do a off market deal , I buy from you at 60c...... that would give the market a booster injection..... ; )
I give you a scenario:-
Just imagine that you start up a transport company and you bought a fleet of buses & trucks that cause you 10 millions.
Be it a new or old transport, once you get them delivered to your door , if you decided to close shop upon delivery and return all the delivered vehicles... you will immediately stand to loose a 25~30% of your investment. You need to give time to your employee to make good use of the asset and delivered you a good return...
Now you buy smrt because of the potential windfall from the lucrative edu business and smrt is doing every effort to expand her business to generate more revenue and bring more return to the share holder. Buying an ailing business at an excellent bargainand turn around is definitely better than buying a well established pricey asset since there are not much room to improve.
I am looking at it now is because I want to top up more at a bargain.... If you are looking at it daily just expecting it to go up, them my advise is turn off your computer and come back to look at her after a couple of months....
Time to get in. I have full of faith in smrt. Time will proves the value of this company. I guess BV still holding a lots of shares but not under his own name. I believe he is not a short sighted investor.
buying at this rate, i am afraid i am gonna appear in the top 30 share holder list very soon. not very sure if the name appear in the annual report will be tornado or a torpedo ; )
Let us screw SMRT management in unison and demand them to come out and defend the stock price..... and let them know that we have collected enough and demanding an immediate price trend reversal........
(Kawan ku yang kerja kat investment bank cakap ada institusi tengah beli Systech, tapi dia tak mahu disclose lah. mungkin Creador's Brahmal kot seperti Ifca dulu? Mungkin...mungkin....itu Brahmal sudah jual SMRT....so sekarang dia main systech..!!...cara main nampak macam sama.....mungkin, mungkin!!) From Systec forum..
i'm just wondering on year 2014 first 3 quarters revenue obviously increase significantly, however on profit wise wasn't much increment. was it because some payment has been not collected? or due to some other reason? Any sifu can advise please?
My personal last support at 0.535, which was the previous lowest swing last year. It's been losing streak after the acquisition and Bv reduced or stake. If momentum returns to 60sen next week, I think it will slowly return to the average around 70sen.
I think is quite hard for it to return back 0.70 in short term. Unless there is any breaking news being announce. Is there any sifu can address my question above? Profit after tax for the past few quarters was quite low. Payment collection not done or due to high expenses?
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....
jjen
144 posts
Posted by jjen > 2015-01-23 09:38 | Report Abuse
....disappointing ....????