I could not find any news related to Evergrn. On that basis I see no reason why the share price drop other than some technical traders pushing it down which result in panic selling.
@Samsiro don't just rely on what I wrote. Do your own research as well. Bursa market is very volatile and subject to a lot of manipulation by syndicate. Being an accountant, I tend to lean towards fundamental but also keep an eyes on market and trend. When the market head south, most shares will head south regardless of fundamental. Set a stop loss and cut losses whenever possible to make sure that you do not lose too much of your capital.
The investment bank report are based on fundamental. I agreed with their call. But this counters seems to be manipulated. If no surprises behind this fall, the price will recover soon.
Must have strong money management and disregard of sentiment, I will still accumulate as it drops. This is still an undervalued gem and we'll see it's revenues to boost when upgrading and expansion is completed year end.
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....
Shadowheartz
136 posts
Posted by Shadowheartz > 2016-07-28 16:06 | Report Abuse
BUY on weakness