From a reliable source, Ccb will give a handsome dividend in year 2016. Stay tune and it will rewards the loyal investor. Eventually , Ccb need to cash out the cash to Jardine group in Singapore also.
we all know Benz is still having a good sales now. If you go to ay Lowes motors shop to ask, they still tell you 3 months waiting period to get the car.
There is no point to sell CCB at this price, as we also knew CCB next quarter result going to be good. The price fluctuation is temporary and eventually the stock price will return normal to reflect the actual business condition.
I cant tell is the price cheap or not, as it is depends on people. Some ppl think that a lose making company with share price of 10sen is cheap, but a profit making company with share price of RM2 is expensive. It is up to individual mindset.
I also cannot explain why the price keep on going down on this profit making company, Just like I also dunno why a lot of ppl chasing a lose making company from 10sen to RM1.
But I believe time will show us the true value of the company. You need to study the company background, business trends , future etc and you give yourself a value, how much this company worth, if you like to take over this business. Then you will know is the current price cheap or expensive.
this stock really show how history likely to repeat in share market, repeating the exact price movement like last quarter. First climbed up to the top, then announced stellar results, then the share price just dropped non stop until next support.
If tracking the price movement like last quarter, it MAY drop to support level of 2.75 before rebounding
i believe this share just washing those who dont have patient , i used to buy jcy , esceram before, they drop even the quarter result is good, but in the end , 2-3months later, it break new high and new high again. holding power is needed if we want to gain , just look for those company , like teoseng , it drop 20% even result is good, but after that it up to rm2
Master tan,I buy CCbfrom 2.20 until 3.30,n now slowly drop until 3.05,if continue drop daily,price may touch 2.70.sales very good but why price going down daily.share issue not much but many ppl throw??
A year ago, PWROOT stock price also stay at range of RM1.40. The company also is having a good sales and giving dividends. Ppl also asking why the price cannot go up. But, if you look at the stock price today, how much is it now ?
Eventually the stock price will reflect the true company value...it just need time.....
Eventually, the profit from ccb need to distribute back to mother's group ( Jardine Singapore ). And the only way to distribute is through special dividend.
is this a way to wash out the weak holders and somebody quietly accumulate the shares ? We don't know.
This counter give a good dividen long time ago. Slowly buy in this counter as couldnt estimate the lowest point. Most importantly the momemton of profit could sustain.
I also not much fund to buy at 2.90,try use extra fund to top up tomorrow.but it may go down some more at 2.75.dont know want to consider buy or not.....
I think RM3.00 is CCB strong support. The price will look for opportunity to break RM3.3o resistance , depends on news or upcoming result. Hopefully, it will sail north soon ( don't let us wait for too long ).
my average price is RM3.28 ....:( I will just keep it, waiting for the special dividend or corporate exercise.
Remember, the PAR value of CCB is RM1.00, and it has low liquidity. If the company is smart enough, they should use this opportunity ( high EPS ) to split the share or give bonus share.
I think time will come, and I believe just hang on and we will be rewarded.
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....
Teh Yew Seong
11 posts
Posted by Teh Yew Seong > 2015-11-04 16:15 | Report Abuse
Wait n see