buying the stock now is like catching a falling knife.. grab the cutting part and you will bleed. grab the grip and you gain but most people will bleed. you got to wait till the stock touch ground then only consider to buy. when will it touch ground? 20cent? 30cents? nobody knows. whats certain is no ground is seen yet.
It will drop back to 20 cent. Stocks with no fundamental will always back to square. Buying VIS is like buying toilet papar. All money become toilet paper.
Sure must have something we dont know orignored. If nothing wrong where got a stock drop till 60% cause of nothing. This is not a behaviour of good stock.
Bren21 moneykj...some of your comments are quite good n have previously followed your choice of stock... Can i know y u so confident of bad Q 19/02/2018 11:58
This is cyclical goreng stock. If you looking at its 10 yrs chart, 1st goreng is from early 2013 to early 2014. Price from 0.10 shoot up to 0.50(adjusted price). After the first round, it started to drop to as low as 0.10. Second round is from end of 2016 to Aug 2017. Price from 0.15 to 0.98. Since then the price started to drop till now. The price only will go up after some consolidation n accumulation phase, may take one more year or longer. The price will eventually go back to 0.10.
The latest q revenue much less than a year ago 11m amid stronger demand in semicon sector. Do you think this kind of sales is behaviour of strong demand stock like Vitrox n etc.
Bottom line was much improved? Hehe..You can ask their financial controller how they turn n twist..
Ha...ha... rationally, @VIS PE multiple has to around 16.66x, to be equivalent to its peers. I don't know its intrinsic value, decision is yours to decide. Good Luck...!!!
zx08 moneykj, u dun like then please get out from this room lar. useless monkey. ur name is monkeyj, not moneykj. u upside down ur name. saupei lar u 19/02/2018 18:08
You must be lose a lot in tis counter.
Let's play a game.
Low pe Vis vs -ve pe Iris. Here we go. 0.48 vs 0.195. Let's hv first review after 3 months, 19th May.
Wakkaka. Come on la monkeyj, iris ? A rubbish counter .. dun take vis to compare with rubbish iris la.. not same level at all.. rubbish.. 3 months? Hahah.. joker
This counter promote by ikan bilis and try to push by ikan bilis. Everyday volume less than 3k. It really has to saupei already. Abusive words from the supporters or the only supporter here is not going to help..lol
There is 5 to 6 fund institutions are holding VIS. Fundamental is strong low gearing with 0.12 if u read the annual report. Is undervalue and plenty room for stock price to move. TP 0.6 mid term
Comparing to 2015 and 2017 performance, Income Statement, Balance Sheet and Cash flow statement; In all metric, it's operating at 3-4X better. I lazy to compare all the way back to 2013. Inventories and trade receivables are still high. It's gonna be lousy quarter only if the CFO gives crazy ass long credit term or write off.
For moneykj's statement, he has a point on buying some counters with high PE especially asfter successful restructuring and going in to reversal. Super high PE when the business is going through transition from loss making to profit. But the irony is, wouldn't 2013-2014 massacre fits exactly like what he suggested of buying at high PE. It looked like it's going into profit from losses, and for some reason, people chased from 0.10 without 0.50 with the company not making money. The difference now is it's has been profitable for past 12 quarters with 3-4X it's revenue, earnings, and cash equivalents if compared to 2015.
Based on IRIS quarter, they didn't make major move last few quarters. I don't think there will be lotsa changes to IRIS financial status. Unless, moneykj staging another slaughter, I'm all in. =D
For lbtan83, now having a loss of 33% only puke bile. if the price went back up to RM1.00 He is gonna puke blood. Only way he is gonna feel better is it drops all the way down to RM0.10.
Good job RJ87. Those rubbish like Boomerang can fxck off from here. You are not welcomed here . Get off please. Vis room don’t need rubbish like u , Ibtan83 , moneykj pui
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....
tecpower
3,536 posts
Posted by tecpower > 2018-02-08 22:59 | Report Abuse
Rate hike expectation is soaring. Sell currencies like ringgit in emerging markets and buy semiconductor stocks!