PRIVA is highly potential to move up to 0.40 and above. It has done that 10 times between Mar 31 to Aril 27 and since then has drifted to the lowest price 0.225 on June 16 and to the current level. Last week it has started to move up from that lowest level to the high of 0.28 before closing at 27.5. It's not of the performance of Priva that caused the down trend for the past two weeks but more on the political situation in the country that creates the instability and cautious to the foreign institutions which led them to sell down to most of the stocks hold by them, even DJIA was up at certain days. Beginning early last week they began to buy in and this is indicated by the nett buy from them. Look at the price of 0.48 targeted by this website. And for the last QR, Priva has performed well with positive result.
This is not a call to buy or sell but to share info. about this stock. Buy or sell at your risk. But I have bought in some to wait to be disposed once it reaches the 0.40 mark.
nklye i think u are not reading their querter result. How can Priva ace market counter realated to foreign selldown? If u told me AirAsia ya. Do not mislead the reader here if u dont have the fact that proof is foreign selldown.
The price drop are mainly querter result are horrible.
Yea. It made profits at all quarters and quite near to each one and much higher than previous corresponding QRs. It's paving dividend, a quarter sen, x-date on 26/6, better than those companies never pay at all. I have been following and dealing with these counters after they have made a move from around 0.10s or 0.20s till to about 0.40s; Systech, Krono, Frontkn, YGL, Solution, Dufu, K1, K1-WB, Jacobs, Educ, Priva then Bioalpha when it listed. These counters have quite a similar range of price, between 0.20 to 0.40 (except K1), It seemed they move up and move down together. When their QR were announced some are affected. If it was a good profit the price moved up about 0.02 to 0.05 but then it died down to normal trend. Krono, last QR was not that good, reduced profit. Many were quite disappointed, Its price dropped and continue to drop till to 0.19 or 0.20 when the sold down happened. Frontkn has a good QR, it moved up a little bit and hold on there but then went down till to 0.215 last Monday. K1 has a poor QR, quite a big drop but still made a small profit. Many were disappointed with the results and its price dropped from 0.60s to 0.30s within few days. Similar to YGL. YGL used to follow Systech price trend, but dropped out when its QR was not good, now staying at 0.20s. All the above counters were sold down to quite a low price last Monday. As for Priva, when K1 has a big drop due to its QR and so did some other counters, Priva was moving up or maintained at about 0.34, 0.35 when it's QR and dividend were announced. Then it went down to about 0.22 last Monday together with other counters. In fact, Priva and Frontkn price were quite identical during these periods. I managed to buy both counters at 0.24 after they have moved up from their lows at 0.215 or 0.22. I quickly sold off Frontkn at 0.25, profit of 0.01, the next day. The next two days it has moved to 0.275 identical to Priva. This is the info I would like to share based on my observation. I am here not to seek glory or to find fault on others. I respect those who put up their mind over here and I read their comments and stir my mind to think or to search for the info. I will never condemn what been written by them even some used quite undesirable words. That's their rights of free speech which we all want it to be as we condemn to what our government leaders did.
zhaitian, your advise on if price down, averange down the price,?.. i don understand...may i have your further elebrate? or can send me e-mail at grace_law8@yahoo.com?? to chat further??
Priva will break 30 sen soon....buy and keep before it is too late....the volume is coming back already....no need to wait....waiting and waiting ...Bioholdgs already jumped up...IFCAMSC jumped...market is back to a better sentiments...Priva coming soon....as many who sold early will buy back...dividends ex-date coming...2 days...more.
Slight adjustment...but normally will go back up if the sentiment is good...so no harm..dividends mean the company is doing well and afford to reward shareholders. So Priva is a good company.
richkid :- do you think price will free fall after dividend received? Meaning investors in just to get the dividend, after that they throw away the share.
agree with deepy888. for me, if i have entered below 25cents last week, i would've probably happily cashed out now and take profit rather than wait for the dividends.
Priva normally go up very fast....Dividend is little so no impact to the share price...better buy now and enjoy some dividends...it won't drop much after dividends as the most important is the share is going up.
This company is making good profit and projected to move above 50 sen ...so now is cheap...good to collect below 30 sen...Thanks to 1MDB price drop so much after the high of 43 sen...now is really a good bargain...Expect it to go back to 38 sen soon....
If today close above 30 sen...then it can fly ...to 38 sen....hope so!!! Wintoni already 37.5 sen. Priva should go higher than Wintoni...Wintoni no dividends...hahaha
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....
xfighter
223 posts
Posted by xfighter > 2015-06-19 17:25 | Report Abuse
ya nice closing!