you r saying this operator here try to be too smart, push down from 1.36 to 1.02 to collect cheap, now end up sell cheap, untung the value funds ? sure or not ? hehehe
Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold . market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom. This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..
Sarawak shares are otw to march higher, in syn with the Sarawakian Waves ! just look at cmsb,scib,jtiasa,rsawit,kkb, all political connected, chart pattern v similar, since mar. 1st
but naim, may need to wait a little while, looks like the opeator here reverse strategy, press down instead of push up, now serba salah.... (how to explain to big boss ??) they too smart, want to get more cheap shares, now how ? sell at low to value funds to happily collect, bcause their other ctrs lose money big time ..kakaka (according to my remiser..)
v puzzle this naim, remiser say good stk , nta 2.6, cash ,226.5m, own 26.42% in Dayang, got few hundred millions investment gains (if sold) , decent eps, but disappointing price trend . anyway, remiser says got rumours last yr., bonus issue or take private , maybe really true ar ?
based on past trends, good chance for mgmt. to unlock some value from the huge capital appreciation in associate Dayang, by reduce its stake from 26.42% for dividends, to reward loyal shareholders, so good to be sabar.
naim used to own 45% in Dayang in 2007, reduced to 36% on Dayang listed in 2008, reduce to 34.17% in 2011, 33.6% in 2012, 29.06% in 2014, 26.42%in 2017 until now.
O&G future not so rosy now, better to focus on Construction Boom in Sarawak,with MA63. becomes equal partner to West Msia, no more just a state, budget will be huge !
Property n Construction sectors got exciting prospects in East Msia, with Indonesia confirmed relocate Capital to Kalimantan, Sarawak next door neighbour. Great opportunities for Naim, nxt 10-20 yrs !
my remiser may be correct, something brewing in Naim, take private ? bonus issue ? big announcements soon ? tht's why opeator must collect more but no one panic ? why ? ai yah...
Kim33, i sold most of my shares early Feb., thks to your warning , left some , as still believe in NAIM’s stellar mgmt. use othr Trading platforms now, hope U did not lose , all Bursa is red , c u yr end ...
this price is consider low....but might go further down if market is bad....for those with high cash flow...not harm to buy and hold....i need to cash out for reservation....sad
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Posted by zhen0000 > 2020-03-05 10:48 | Report Abuse
没用的CEO管理在垃圾公司