Hi all smrt stock lovers, remember me? Come to c how things going as I am starting to buy Smrt again to support your cause! To me Technically it should still be on downward bias but then what the hell not that I can buy at the lowest. The poor fellow(seller ) also need to eat mah. OK my 1/2 sen worth no fxxx me as I am 1/2 pass 6 analyst not certified halal. At present valuation is fair even ignoring MEGB purchase. MEGB will still be listed as SMRT will not privatise it. No point in doing so as Big Boss love to play it both ways double the fun when things go north. Remember bos is in fund business! I don't see price moving up fast. Everybody is waiting for next few qtr results after the MEGB purchase ( probably 1/2 to 1 year timeframe). If they can cross sell the medical placement and share resource successfully profit could rise more than 50%. Then again I doubt it can be done in a year
Well, let's just say that they hv all the required ingredients to cook a dish. Whether or not the cook has the skill to put in the right amt of ingredients to cook up a good one is another story.
President suite will do, beggar can't be chooser and don't forget tomyam seafood with lobster will be nice for lunch. Oh by the way don't forget SMRT on a platter preferably 35 sen per pak ok?
lol..sorry didnt promote so long..actually I sold all of it at .55 liao to play MyEG..went until 3+ then sold and bought back Myeg at 2.77-2.82..Myeg can aim short term 3.10- 3.20 so I am busy with other bet now. Will come back to smrt later, still got potential but not for now lol
I strongly agree with you TomyamGong... TP 0.40 is not a dream... Panic selling or high selling pressure may foresee when breaking below 0.50 psychology supporting level....
Armt: truth is truth. It won't get change if moneyking bro and me is the same person. Face it and accept it. Smrt is good, but definitely not recommended to buy at this price. It is too pricey and risky after merged with megb.
better heed bro tomyam advice, yeah, maybe SMRT is a good company but technically it is not good time to in.... i nearly got my hand chopped by falling sabre. Thanks to bro tom yam.
Kindudes @ I just shared my opinion and personal view. Somehow people can choose to believe themselves. Anyway trade at your own risk. If I was correct, falling knife will falling sabre: )
Ok looks like there is a delibrate sell down on this counter, don't buy yet let it go down more until the selldown is over. Just enjoy your latte first until cheap cheap offer come then buy. Cheers
The business not doing well so where got extra money to buy back the share??? Buy back few unit consider ok already, just like pay the monthly salary to their one of the employee...
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....
Jack_y13
246 posts
Posted by Jack_y13 > 2015-03-27 15:05 | Report Abuse
Usually, during PP they will have some study and agreement about the prospect of the company to invest and some lock up period after PP.