Mr. KYY bought into this counter in 2016 (16m shares). He recently sold shares in this counter and now owns 13m shares. He would have bought his shares last year at higher prices and sold recently at lower prices.
those who follow Uncle KYY without using one brain on this stock will fail. No need to blame Uncle for our failure. Blame ourselves if do not use our brain. Do not fall in love with this stock.
why u so stupid listen to him blindly,u should be buying cheaper than him. at 5.00 I wouldn't be buying canone, maybe now can buy some,keep and go sleep
pursuant to the latest notification, kyy ceases to be a substantial shareholder (hold < 5%), though he still hold 9.6072 Million shares representing 4.9998%, yet to be disposed of.
KYY has no more shares in hand but inverse he oversold his shares, as my tracking records, KYY at least oversold about 1,000,000units, he must buy back in a week to settle his contra.
Market factors. You would likely see a compressed margin for the group mainly because of 1. higher tin/aluminium prices for packaging, 2. higher sugar cost in malaysia as this is monopolised by CSR/MSM by sweetened milk division, 3. higher minimum wage cost and many many more. So, if you can still expect this sector to improve this coming quarter, it is not advisable to remain invested. There is some form of support over the stock price, but YOUKNOWWHO is wanting out. It is important to know when you need to cut your losses, and the time is NOW. Come back during the correction. I am proud to say I have beaten Mr market FLAT over the long run. BRAVO.
BRAVO to those who exited their positions. Super congratulations to those who listend. MIDF analyst must have no other stock to write about to come out with a report on this counter. KYY please sell down more. 2.65 and below would be an attrative price to get in and a 20-30% profit by mid next year would be achievable. Who knows, may be another acquisition rumour may help lift the stock back up to RM5 as we saw in 2015.
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....
cpng
1,575 posts
Posted by cpng > 2017-09-08 19:19 | Report Abuse
不要让老KOON 跑了,他开始卖票了。
大家袖手旁观,让股价跌。。。