see kssc... good mah... making good profit in QR... fk... dropped 2 sens yesterday... 10 lots... see kossan... lower profit margin.. drop also... con man bursa.
I cut loss both wtk and fl, both are plywood player, lock all paper loss, offest partly by intraday gain. free up capital to swap to armanda, hope can recoup back loss incur.
WTK and FL fundamental still intac and both in net cash position, but risk of uncertain as even global plywood price increase, but both company said otherwise !!?? just a bit confuse.
I bet armanda mainly due to its share price alrdy bashed down to all time lowest and it have good liquidity. In addition, it business worse is over and turnaround is expected next
"The group also suffered a higher loss before tax of RM5.5 million due to the disposal of an investment in a subsidiary which resulted in a loss of RM9.5 million and incidental expenses of RM2.2 million incurred in connection with the disposal, netting off a gain on disposal of investment properties of RM6.6 million."
What kind of disposal can lead to loss? Is not about undervalue or loyalty, but there is a doubt to the integrity of the management.
Hey guys, admit our mistake and move on, we can do better in near future after this lesson learnt.
The disposal of land did announce in bursa, but management NEVER said the disposal will incur loss or gain.....it prompted perceive it is just part of monetize assets into cash BUT end up the disposal of land incur such a huge loss, resulted entire Q3 also in RED. what a disappointed!!
Ya, need help from samyew1234. Please make this forum more useful, retail investors like us should be united as one. You gain nothing when I lose money, if you earn money while I'm not able to do that, I will still congrats you...
samyew ] you shd have told us earlier that you friend got no bonus.... so we wont buy this counter... now we have got into the trap... too late for your info.
:D will be able to maintain dividend for next qr? Worth to add more perhaps with new factory coming soon. I think it is not as bad as some sohai painted, hence the small drop even with not very great quarter result. Means many strong hand in here :D wash the ikan bilis out.
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....
hng33
20,318 posts
Posted by hng33 > 2016-11-23 09:02 | Report Abuse
wow, down too much, bought more wtk at 1.00 instead