All eyes are on Dow again. Will it slip another 500 pts ( 3rd time ). Will Goldman Sach drag the Dow index to another low? Lets hope something positive comes up. GKent is dropping badly even before the QR is out. I can't believe my eyes seeing it drop 25% in 5 days and they call it a cash rich construction company.
Do not assume. Just wait for results. Maybe they are waiting for some announcement pending approval. They may announce together with results. Why they continue SBB if results is bad.
Ming Mothers, fathers,uncles & aunties That’s why la I say the goons play with their emotions & scare them when they see what is happening All they want is stablility and a return every so often and be happy Most probably the same shares got bought & sold Again and again making 1 - 3 send a time in volume taking profit out and pushing price down to maintain strategy People don’t like sbb but it takes this excess playing shares out of circulation which is a good thing to stabilize the price hopefully
It will go up 1 or 2 cents and start to drop again. This is what happens at recent movements. KLSE big investors are already preparing or gone on festive holidays.
Stop talking share prices, we really can feel the impact from real market segment... But what to do? Government focus on politic not economy? They reject China funds, angry US funds ... That's only we can do.... Patient
Actually I have a hypothesis that the company is delaying the QR just so it can scoop up the shares cheap. And the way the company buyback shares is considered shrewd because it doesn’t disturb the share price. If the company really buyback in few millions shares at a time, it may push up prices and made it more expensive to buyback. Buyback shares is good for the staying shareholders because it increase our ownership without us forking out our money.
No dead cat. Go see the sell queue. No one is selling. Everyone is holding. Price below RM1.00 is nonsense. The last 2 days just all those panic people selling bcos market red and "recession" news came out
The results for the quarter under review continue to be credible, taking into account the nominal contribution from LRT3 as the project is being renegotiated. Construction is expected to resume in the latter part of 2019.
The Group’s strong order book will provide earnings visibility over the next few years. The Group is also on the lookout for opportunities in the Regional railway space, leveraging on its expertise as rail systems specialist in domestic railway projects. The Group’s established network with international rail specialists bolsters its standing for projects requiring international collaborations through joint ventures or other forms of strategic alliances.
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....
Jaden
5,931 posts
Posted by Jaden > 2018-12-18 18:27 | Report Abuse
Wow.. jatuh teruk