after the company give dividend the price drop from 2.10 to 190+ I already have bad feeling on this counter. That time still got a lot of people put on fire, saying some stupid investor trying to talk bad about the company so that can buy at low price. Now I can see so many people trapped on this counter.
SC should investigate the directors who has been DISPOSING THEIR SHARES before the announcement came out on the termination of acquisition deal. The directors are definitely aware about it beforehand and they disposed millions of shares. This is typical INSIDER TRADING.
I never let feeling drive my investment method. I think this counter is doing fine, I buy @ around RM0.90 2 years ago, I think this a few month the price shoot up too fast, maybe it is time for this counter to back on track and growth slowly.
I'm calling a buy, infrastructure spending in Malaysia already very high and I'm expecting more spending in the Budget 2015. The stock is cheap now, they have only just gotten into the development business and are extremely diversified.
As long as the fundamental stock remain unchange, everthing will be alright. Trust ur own analysis & do more home work for this stock. U will get the answer! As u know, there are a lot of speculator here trying to give some comments! As long as u smart enough, u will know the answer...
Interesting all the stories. The market response tells all. Without oil news price goes down which is fact. Don't blame the ceo or big investors. Without them protasco price is dead forever. Now at least active investors have chance to buy or sell. I sold some but not happy at first. Now feels better because can buy back cheaper. Buy before the large shareholders buy again.
Agree, Amao Mao. I am fighting myself everyday although I know I want to hold it. But seeing the price keeps drop like this, it is really testing my holding power and EQ! But I believe TPY also do not wish to see price keeps drop like this, he still has 40m shares. Every single cents drop in the share price is decreasing his wealth indirectly. I believe as a venture capitalist, he will do something to push back the price! So hang on guys!
The price is still above my average so I guess I can still survive, (cough cough, better get some heart attack ubat first...) hahaha~ Then again, lost almost 25% of my "net worth" since dividend execution XD
No Speakup I don't, at first I chose Protasco in the idea for FD kind of investment (steady dividend, steady price, uh, at least when I entered around 2012), so I didn't aim much for capital growth. This is not my "play" stock, is my "EPF" stock.
Do your own survey, make your own research, decide your own move, don't take into too much of our rants here, just some old investors venting off steams after our worths shrank by a quarter here XD
I can see the frustration came from the mismatch of expectations. Double check if any major adverse events that affect the company or the estimated projected intrinsic value. I think the analyst has reiterated no major impact after the sale of shares by directors and the cancellations, unless insider know a lot more information that is not that good.
Aiyo...long time didnt come here liao.....why suddenly left 169 nia....aiyo......what readons ha?...Need update leh.....aiyo.....good to buy or not ha.....aiyoyo......where is Flybird.....aiyoyo....ha ha ha
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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....
nich0las
2,787 posts
Posted by nich0las > 2014-08-13 09:13 | Report Abuse
Disapointed.