Such excellent result is first factor, Second factor is timber wood is in play recently due to strong USD after furniture n glove counter..look at another peer- taann Third factor is from ta view, it broke many resistance recently
Monday sure gap up, but alot of Short term player will chase high and they might take profit or cut lost after 1 week..but 2-3 months I think can go for 1.8
TQ Icon sifu,Glad to see you here oso. how about the O&G? WTK recorded a profit despite of one off cost of RM2 mil wor, Any chance it can grow the horse a bit?
guys remember 1 thing if you are planning to buy on tmr market on this counter.. tmr highly chance will be gap up, then shoot a while but might drop back near closing time.. So if you want to chase for short term, please stay away from this counter. This counter is for long term investment!
u meant you want to buy at open, sell before closing, then i think you will lost money..haha....long term ok la..let me give my guess here based on exp..
1) open at 1.33 ...within half hour shoot to 1.4 ...then stagnant and close at 1.29 2) open at 1.33...shoot to 1.4 then stagnant at 1.4 until closing..
this is just guessing...p...but if you dare hold long term, surely you will earn more...rm1.8 is not a dream, it is achievable if mgmt able to deliver such good report next quarter..so depends on you trust mgmt or not lor... if you think they cant sustain such qr..then surely price will drop back to rm1 region...then you sell lor. if you think they are good mgmt, hold lor or accumulate more..
breaking 1.35 and 1.40 level may signal some corporate activity is on the way. Management can capitalise its Retain Earning to reward the shareholder. Share Capital = 240 mil , Retain Earning = 1044 mil.
sorry guys, wrong prediction by me due to bad market sentimental...but no worries, if you look at their qr report, you will have more confident to accumulate more... So guys, 2 option for you guys:- (i) if you believe market going to crash, sell or hold (ii) if you believe think opposite, ppl sell you collect and didnt believe market will crash, buy more...this counter definitely will reward you much much soon..based on USD timber trend, director accumulation, strong report...For me, I will buy more(but not sailang la):p..
invest for long term, not short term...dont gamble, just invest
Why is that people flock to Instaco where earnings has consistently been volatile and has yet to pay dividend since listing in 2004.
Compared to WTK where EPS has been fairly consistent since 2002 and has consistently been returning dividends to investors every year.
Instaco at 32c amounts to PE of 131, and its top 30 shareholders list does not contain any institutional investor which reduces its pressure for dividend repayments.
Most important criteria for investors is free cash flow and the business's ability to return some of its profits in the form of dividend to its investors.
A stock that pays no dividend will only reward you if its price appreciates. This, of course, is pure speculation -- a gamble on whether or not the company's ticker symbol will end in the green or red. Stocks with a long record of providing dividends, however, provide you with a slight assurance of a potential source of income.
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....
tksw
12,834 posts
Posted by tksw > 2015-11-19 11:16 | Report Abuse
sei for lor , WTK drop to 123 already.