My cost? I am OTB's subscriber and I have to admit my capital has increase more than 133% return over 3 months since subscribing to his articles. Worth every sen
all the major shareholders are holding tight to their shares, we can see they acquired more shares , the last one being 16 Jan 2014 Koay Teng Choon Acquired 3,000,000 Direct 17,462,000 % 8.0900 Indirect 4,867,100 % 2.2600 Total 22,329,100 % 10.3500 So, overall still intact...PE still exceptionally low...
so , do continue keep on selling , so the co may buy back as approved by shareholders . After the cancellation , our stakes will be increased. Only reserved for the holders!
Seal is a strong FA stock ....not a goring stock like suma ....if u throw based on technical chart , it may be true for a short while but when it recovers , u have no time to chase either , u will be losing a lot in the end after the buying n selling . After all, the co is still making good money even when account closed for the year end . in fact it performed much better than some of the best managed property counter where the earnings is low @ 2c and PE 236.33 and punters r chasing based on so-called tradable analysts reports!
Rebound could be anytime. I think majority seller are from retail as u can see from today's volume. If major shareholders are throwing not just -10% a day with such volumes. keep calm sealers ~ cheers
Take a step back and look. Eps 28 cents and 2 projects in the pipeline. Pe 4 is still reasonable. It's not like they don't have avenues to future income
qtr3...its mentioned in the report - no one off gain.. qtr4 reporting: - probably planned for some parties to accumulate dirt cheap... next qtr will be superb!
Cut loss at 1.21. Managed to stomach the loss as bought it at 1.30. For those who got trapped in here all the best.
As for me even if subsequent quarters are outstanding I will still not invest in such a company. Management is now tainted in my eyes. I am not sure if what they did is illegal but its still unconscionable in my eyes.
285, the only money I lost was not following OTB's recommendation because I bought MAS and Extol on contra giving away the contra gains I made with Seal as it was marching up from 80 sen all the way to RM 1. His strategy of licking undervalued stock with buying and holding has worked for me. Of course timing is everything and use some common sense not to chase and buy the share when it is high already unless it breaks out. If you bought high, then you have not been wise enough. Just my opinion. I bought Encorp-WA at 62 sen and I know some who bought it in the 80's range. I held onto it for 2 months and offloaded it when it hit 88 sen.
Alex, some of the people here really have tunnel vision. They don't see the big picture. One 1/4 does not make a big deal. Have you seen GLC's big huge sales even EcoWorld sales of more than 2 billion but profit 5 or 6 million and yet the share price is in the high 4's and 5's. I love it when people panic can buy more. Selling my remaining holding in PJDEV (hoping for a good price tomorrow) and buying Seal.
tomm will be interesting day...if price green tomm then there is hope for the stock to rebound..Otherwise it will continue to go down.For SEAL lovers time to support if u believe in SEAL.
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....
upsidedown119
4,326 posts
Posted by upsidedown119 > 2014-08-28 12:06 | Report Abuse
Seems like stockist applying the pressure-release-pressure technique to press down the price!