you can take a look at the latest financial result, both QOQ and YOY also drop. Fundamentals are cracking.If you think the drop is due to shariah, why other stock which was also excluded by shariah list is not dropping. Is most likely due to the demand of this stock and nobody is interested due to whatever reason which we may or may not know. Think about it.
Just ignore the noise. Nobody knew when the market will crash. Those claim he knew, most probably a newbie or herds follower. Fundamental is at record strength judging from its FCF.
Mpi also face selldown pressure la But now rebound already
As hlind not yet sell finish , it will continue to down ...plus with low liquid of hlind shares ..it will take longer time to sell finish by the islamic fund
Not necessarily due to hlindbad operating performance ..lets wait next qtr result to see
Have to be bersyukurlah that syariah fund are being forced to dispose at a huge discount due to its low liquidity. If you don't take the opportunity, then just see see look look and regret later lo.
Prefer they increase the dividend payout gradually. With its yearly FCF/Share of 140 cents vs dividend payout of only 47 cents and nearly 1 billion in cash there is alot headroom to play around.
in the forum, there are many will claim themselves as stock gods, these gods will always claim they get the lowest price ,load how many thousand lot in the lowest price, and they will mock at others are losers....seems like they always earn a lot of money. To these people, I will pray for them and hope they will be more modest...No one will care about hw much your earning is! These forum is a healthy place to share information.....and to console each other people that is hurt somewhat....
This hlind , now touching the lower and lower and many people alr curse the counter....why like that? if hlind business is no good, is justifiable that its share price get lower and lower....no big issue...btw...investment is like business...we give out to other to run business for us and is liable to suffer loss....
really pray for those, donot curse or use harsh word. Remember karma! god bless! thank you
@kingJ, this is just short term sell by Islamic fund because HLIND is no longer a shariah stock (google more about this). Therefore, Islamic funds has no choice but to let go of this stock. HLIND fundamentals is very strong like what you have said. So, do not need to worry about it. Good buy for those who enter below 9.00, very very good buy.
If the price can stand above 9 today I call it a spectacular day. MAYBE, the fund stop dumping the share. Nobody knows...we just SPECULATE. now seems the lowest at 8.50....To those investors who collect on dips, may your patience be rewarded handsomely.
Good to see price unchanged and volume is picking up. That means they are striking a balance between seller & buyer now. Based on my rough calculation & average daily volume, hopefully by mid Jan the disposal by shariah will be completed.
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....
shareinvestor88
3,404 posts
Posted by shareinvestor88 > 2018-12-07 18:28 | Report Abuse
Sell tp 3