Guys , I was a long term zelan holder . Just an advice . I'm seeing to many new ppl commenting here today .
This counter was hovering 0.09 to 0.140 for the last few years . Most of is entered in 0.1-0.12 . For 2020 , The revenue for zelan was just 60 mil and profit of 35 mil . In 2019 , the profit was just 3mil . It was at loss before that.
Its a small company, don't expect the price to shout up . Its fair value is about 0.125 .
The price just went up because its a subsidiary company of mmc . Thats all
The share price became penny because of loss..now they in profit for 2 consecutive qr at 30m..suppose the share price need to be adjusted and will immediately adjusted with current news for MMC..
Fms016 , I agree with you . Thisb is a good company . It have prospects . Definitely will go up in future but until the is news new contracts the price will not fluctuate much.
If you have holding power can buy and keep . What I am saying is dont chase high. If you have insider information than please buy.
see the chart also fcking scary , not shooting star , is shooting needle, means the share already change hand all the share to retailer and laughing to the bank now, hahhahaha
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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....
hengonghuat88888888
545 posts
Posted by hengonghuat88888888 > 2021-06-04 10:06 | Report Abuse
need above 0.2 1st.. now still weak leh