Uncle Koon, I think you should refrain from advising a PLC to window dress it's current quarter result to improving the following quarter!!! That's a terrible advice! Your weakness is very telling of late.
I will follow Pautua73 advise, i buy at 0.59 if there is 10 - 15% discount i will continue buy until it reach 0.40. i will stop and hold until june 2023. i have not so much money to buy big, just to buy 30,000 share at 0.59. the rest will average down with the same amount until it reaches 100.000 share
This KYY is really desperate until he advice AYS management to manipulate the latest qtrly accounts loh!
But even if management listen to kyy, it is too late now mah, the sept qtrly accounts is already out mah!
No point manipulating the account loh...just look at serba....if business no good....no matter how u manipulate, the long run the share price will fall loh!
At the end the major shareholders, directors and management are in hot soup mah!
It is best to be honest & give a true and fair position of the company, every qtr whether the accounts will be audited or not mah!
GENERAL RAIDER ALWAYS STRESSED HONESTY IS THE BEST POLICY MAH!
The uncle Koon today is not the uncle you know from Those days. His hundreds of millions may have evaporated to just tens of millions from massive losses in numerous wrong trades.
The AYS big speculators had been accumulating the shares around 40 sen between July to August 2021. They subsequently ramp up the shares to 70 sen and started unloading their cheap shares to retail investors as high as 90 sen.
The big speculators can afford to unload their share way down to 40 sen. They will only accumulate the share again when there are blood on the street.
Why would the Directors consider share buy back when the big speculators are still unloading their shares? They may consider share buy back between 20 to 30 sen?
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....
AnakUlarSawa
700 posts
Posted by AnakUlarSawa > 2021-11-26 15:34 |
Post removed.Why?