GiveMeFive, how you value this company? When i ask my finance savvy friend to value it for me, he said this company is overvalued. He suggest Jtiasa, TSH or Kulim ..... sigh
TKSB, I used to do a lots of fundamental analysis staffs before investing a listed company. But in Bursa, the market is more than just reflecting according to its fundamental values like PE, NTA etc, meaning price at time not co-related to its fundamental values, at time more of speculative play. Besides fundamental analysis, I used charting to show me the current trend and suitable entry/exit prices of a stock. Not easy lah, bullshit a bit, otherwise a billionaire already :)
What we can do now, just hold and wait. What I know is, mr Lim is now only concentrating on destini. So, kretam will be sleeping in holland in current period. Since our major shareholder now is ignoring this counter but it does not mean this counter is dead. Im also stuck in this counter like you all to since it is 0.580 now. What can we do is just wait.
Kretam is a very good stock according to the banks. I met with a banker few months ago who did some loans for kretam, he says Kretam has a lot of valuable lands next to the roads. When he said this, Kretam price was $2.95, and he says BUY more !
Good fundamental but keep dropping. Will drop to the lowest 0.570 soon. Hopeless, see destini now. Kretam buy more then stuck more. I just earn big money from destini-wa 2 rounds already but kretam still stuck in there for months.
He and his brother busy goreng destini where got time to care about Ketam, of cos stay with stocks that have lots of retail player so they could easily eat up all the ikan bilis. This ketam is already in bag, he can come an goreng once he's bored with ikan bilis.
You have a 26% retracement from the high of 78 sen. Price is well supported at the current level of 56-59 sen. Andrew Lim sold all his stake to Freddy Lim. That doesn't say anything wrong about kretam. Andrew Lim needs the funds to buy into Destini.
Not turtle walking in the street , is ant walking in the street... Wait until sleepy... Mr Lim today got emergency meeting so not free to goreng...? :) @ zhenguyee, 我们是同是天涯沦落人。。。
haha true, but i'm thinking what's my cut off time, even tho i dont think this company is bad, but been waiting for too long. not worth for time value..
Lagi goreng Destini ar... Sudah goreng before mah... Panggil dia tukar goreng mihun , jangan selalu goreng kuihteow... Nak makan mihun punya orang sudah sangat lapar lah... :D
I mean he has no intention to goreng Kretam because my investment banker friend told me freddy is planning to inject his plantation land into Kretam in coming months...1 for 2 right issue to finance the deal, he said freddy never intend to goreng Kretam because he hold majoirty, do related party transactions is enough.
Sien....this is the way he "reward" the retail shareholder....
@beautiful_life, hold 3 years sure will rise. Can recommend you to cut loss now and look for other counters also but since now is still in world cup, many counters are still no moving. Just hold.until.year end then see what happen. As long as mr. Lim no intention to goreng this counter, if the company is really got gain profit and got income with good fundamentals, the share price sure will up without necessary to goreng.
@clj Jun , hold 3 years... Oh no... Seems like that only can pray for KRETAM trend up as soon as possible... But still appreciate for your advise. Aiyoh mak , Mr Lim you sudah pergi mana? Tengok tengok you punya mihun...
Dont be worry, must rise. LAst time i bought daya at 0.250 then drop to 0.160 during europe debt crisis, i was stuck in there two.years. later then i cut loss, several.months later until year end, daya.goreng already until.0.40+. Damnit, 3 years only start goreng. Last time i bought another counter, mitra at 0.62, then it drop until 0.55, later they bonus, the share price drop to 0.46 i was stuck inside heavily. After more than a years, i cut loss. 2 years later until now, you see mitra price today, 0.910.
Oh my godness, Clj Jun. So pitiful you lose money in these 2 shares. Hope can trend up to 0.64 so i can breakeven and get back my capital & go buy others counter. Once again,thank you for your info. Have a great weekend... :)
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TKSB
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Posted by TKSB > 2014-05-27 12:16 | Report Abuse
Jun i thought u waiting for 0.59? Manage to load up this sheeeet?