i buy from 40c drop till 12c....stay away until got good Q result and their project r finnish supposely by 2014 ist quarter~ their CEO like to ply cat & dogy~ stay away from this counter except u got more $$ to average down~
or maybe just playing between these 2 prices; 0.095 & 0.10 can minimize the lost gap. cut lost 1st..then wait at the bottom...then sell when it up ...0.005 can make it also. Yes, hope 0.095 is the floor..plz don't create another new floor.
Bought in 0.20, then dropped to 0.16, previously 0.14, 0.11, now 0.09, don't touch this counter or you'll get yourself burnt, Even DTTB materialization is not helping in pushing the price up.
U bought 0.20, i bought 0.40 last time, lagi berdarah, even only bought 40k unit,but also blooding non stop, wait wait wait till hubline increase this ctr also x naik, sold with sakit hati, no pain no gain. Hope will gain from other side since oldy get pain here, ai.....
Pity you eu7985, for my case I'll treat it as my tuition fee for choosing the wrong stock. From 16000 becoming 3600 now, that's really hurt. Sorry to say but this is a lesson to learn for everyone.
Despite bad quarter result it is still profit making company. Not many counter with such low price in market now.For me I will continue buying...cheers
Chun Keat, do not be surprised if the company lands in the red for Q4 The thing is that they have been purchasing FA for the last 1-2 years to implement their real time DTTB but actually getting it to work has been difficult for them. I've been noticing that many of the TVs are not turned on in the buses. I suspect that they're working on the integration but it may take some time so there's significant risk there. The reason it's so oversold is because people expect prices to go lower. Also, it could be because they suspect that the CEO has given up on this and is diversifying into other companies and that the whole bus in TV business is in ruin.
Take comfort that there was a private placement of RM9+m at 10c/share which means that someone out there is confident that the company can turn around and was willing to inject more cash at 10c/share
Company is still profitable. When people expects it to go down more, it will just do the opposite. My gut feeling is it will rebound and stablilise at 9-10 cents for some time.
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....
ummuaymann
7 posts
Posted by ummuaymann > 2013-11-27 12:05 | Report Abuse
when is the best time to jump in