IQ GROUP HOLDINGS BHD

KLSE (MYR): IQGROUP (5107)

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Last Price

0.63

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

1,873 comment(s). Last comment by gladiator 2 months ago

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2017-11-30 15:59 | Report Abuse

"but then again the problem is the management is not being honest"

This is the key. If management so confident, why could the business turn negative?

Posted by Lonaldo Lo > 2017-11-30 16:02 | Report Abuse

Iq group : only high IQ ppl will buy ?

Posted by Anti_Barking_Dogs > 2017-11-30 16:05 | Report Abuse

2017 annual report shows that Coldeye held 1 mil shares of this shitty company. The volume today is 4 mil shares. Hard to tell whether Coldeye sold his shares. Likely some or many institutional investors dumped their shares after losing faith in Mgmt.

Anson1314

497 posts

Posted by Anson1314 > 2017-11-30 16:05 | Report Abuse

Dun buy o... next will be 1.45

dompeilee

11,888 posts

Posted by dompeilee > 2017-11-30 16:06 | Report Abuse

Maybe Fong SL borrowed $ to buy his 1m shares? Now margin call jialat jialat lol

stncws

10,709 posts

Posted by stncws > 2017-11-30 16:07 | Report Abuse

many youngster, young n dangerous... if you do not knows wat is share market, pls stay away..

your age better go to work sales rep!

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2017-11-30 16:07 | Report Abuse

tomorrow may limit down again?

desire

767 posts

Posted by desire > 2017-11-30 16:08 | Report Abuse

Got dividend also press down so much

godhand

1,944 posts

Posted by godhand > 2017-11-30 16:08 | Report Abuse

cold eye has 1000 lot only. i dont think he care honestly

Maxtrader

216 posts

Posted by Maxtrader > 2017-11-30 16:12 | Report Abuse

Looks like 1.94 is going to be finished eating. Den will fly up... this Q result is bad. But not until cause it to limit down. Over react.

Tan Issac

82 posts

Posted by Tan Issac > 2017-11-30 16:12 | Report Abuse

tomorrow where got open friend,monday limit up

Posted by Anti_Barking_Dogs > 2017-11-30 16:12 | Report Abuse

The PR dept of this company really has a lot of damage control to do. People are starting to equate this company to a red chip company.

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2017-11-30 16:14 | Report Abuse

I don't think 1.94 will not finish eating

dompeilee

11,888 posts

Posted by dompeilee > 2017-11-30 16:14 | Report Abuse

I myself bought Sino Hua-An starting @ 15c averaged down again & again & again until I had 515,000. At the worst point(2c) and with fear of bankruptcy pervading, my paper loss was $24.4k but I just shrugged my shoulders & said 'Write off write off lor'...Same with Hengyuan.

Fast fwd to today, I recouped all my capital in Sino Hua-An, earned $32k and now my 78,000 remaining shares are all free :) Also I sold my last shares in Hengyuan @ 10.82 lately.

IQGroup? Aiyo...I feel nothing la. :D

godhand

1,944 posts

Posted by godhand > 2017-11-30 16:14 | Report Abuse

shud be coldeye eating lor.

godhand

1,944 posts

Posted by godhand > 2017-11-30 16:15 | Report Abuse

duno who else can eat 1000 lot by 1000 lot lol

godhand

1,944 posts

Posted by godhand > 2017-11-30 16:16 | Report Abuse

This is correct mentality when investing in stock. maximum u can lose is only 100%. The aim is to hit 1 10bagger then can already.


Posted by dompeilee > Nov 30, 2017 04:14 PM | Report Abuse

I myself bought Sino Hua-An starting @ 15c averaged down again & again & again until I had 515,000. At the worst point(2c) and with fear of bankruptcy pervading, my paper loss was $24.4k but I just shrugged my shoulders & said 'Write off write off lor'...Same with Hengyuan.

Fast fwd to today, I recouped all my capital in Sino Hua-An, earned $32k and now my 78,000 remaining shares are all free :) Also I sold my last shares in Hengyuan @ 10.82 lately.

IQGroup? Aiyo...I feel nothing la. :D

tezy

1 posts

Posted by tezy > 2017-11-30 16:22 | Report Abuse

Ppl are complaining about the integrity of the management, but my question is did the management guarantee in anyway that the company is going to do well in this quarter (ended Sept 30)? Because in the last quarter report the management said nothing about it (that the company will do well next quarter). I did not attend the AGM myself and I hope those who did please enlighten me. As far as I am concerned, in the previous article by Morgan Lim ( https://klse.i3investor.com/blogs/FoodForThoughtMorganLim/135617.jsp ), the management is being frank about the company's situation. So I do not think there is an issue with the integrity of the management.

zombie20

53 posts

Posted by zombie20 > 2017-11-30 16:45 | Report Abuse

haha.....can't wait till monday.
those who buy today got 50:50 up or down......

to me over sold.....should be above 2.0 on monday.......

desire

767 posts

Posted by desire > 2017-11-30 16:54 | Report Abuse

Strong buy at 46 percent

shpg22

2,984 posts

Posted by shpg22 > 2017-11-30 17:00 | Report Abuse

faster sell....more slaughtering to follow.

Posted by Mohd Fahmi Bin Jaes > 2017-11-30 17:02 | Report Abuse

Write a comment..Buy

martinam

57 posts

Posted by martinam > 2017-11-30 17:11 | Report Abuse

At 1.94, very tempting. Mohd Fahmi, since you usually say `sell' but now say `buy', I follow you.

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2017-11-30 17:14 | Report Abuse

Do not be hero to buy below counters.

Aeon, Century, Carepls, Cscsteel, Dayang, Dnex, Ekovest, Esceram, Ffhb, Flbhd, Gamuda, Gadang, Harbour, Hohup, Huayang, IQgroup, Iwcity, Karex, KSL, Latitud, Microln, Mitra, Muda, Opcom, Parkson, Pesona, Sapnrg, Scable, Sendai, Sign, Simeprop, Simeplt, Success, Superln, Tnlogis, TRC, Tchong, Titijya, Uzma, YTL and lain-lain lagi

shpg22

2,984 posts

Posted by shpg22 > 2017-11-30 17:15 | Report Abuse

Should learn the meaning of "don't catch a falling knife" or you ll pay heavily.

Posted by coffeemoney > 2017-11-30 17:15 | Report Abuse

Wah........ This counter drop like hell...............

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-11-30 17:21 | Report Abuse

Losing.. in watever situation still a bad feel. Its normal. Be patient, always hve opportunity nxt time.

At today price 1.94, sure good buy. Only prob, mgmt not good.

tokohM

432 posts

Posted by tokohM > 2017-11-30 17:25 | Report Abuse

still pay out 5cent dividend

lazycat

899 posts

Posted by lazycat > 2017-11-30 17:30 | Report Abuse

后里蟹

3iii

21,659 posts

Posted by 3iii > 2017-11-30 17:31 | Report Abuse

will go down to RM1 soon

VenFx

14,784 posts

Posted by VenFx > 2017-11-30 17:32 | Report Abuse

Walau Why why why ?
This is big abusing.

dompeilee

11,888 posts

Posted by dompeilee > 2017-11-30 17:34 | Report Abuse

Shin Kao Jack, the 'famous' RHB analyst, recommended this stock strongly in late March when it was 3.20-3.30. Looked like an absolute genius until late Aug when it already touched 4.88.

Now looks like a complete ja*kasss LOL!

Posted by ITreeinvestor > 2017-11-30 17:35 | Report Abuse

Negative PE soon, RM1.94 still too high for this counter. Expect another gap down next Monday.

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2017-11-30 18:16 | Report Abuse

wow, then i wait at 0.50 to try

apolloang

18,163 posts

Posted by apolloang > 2017-11-30 18:27 | Report Abuse

sorry lah sure no 1.00 or 50cts for u to buy.the most is 1.80 on mon.unless next quarter post hefty losses then can drop below 1.50,otherwise it will trade between 1.80-2.10 for the next 3 months

Guardize

216 posts

Posted by Guardize > 2017-11-30 18:30 | Report Abuse

if new product not good response.then need to suffer few q. very bad marketing vision.

geary

6,379 posts

Posted by geary > 2017-11-30 18:34 | Report Abuse

That's the psychological effects that's is very normal, always think the stock market is a zero sum games...!!! Nothing goes up to heaven...it will come down somehow, anyhow, n how come it is like this...??? Well to take care of your downside, always take back some of your Capital, during profit run. Cannot be too greedy...!!! The best is to have a zero Capital portfolios. With such a scenario, like IQ Group, if you have sold half, u just sell now n win less only. Happy weekend...!!!

geary

6,379 posts

Posted by geary > 2017-11-30 18:51 | Report Abuse

Newton, "I can compute the movement of the stars n gravitational forces, but I Can't compute the madness of human beings." So don't try to outsmart all the people here who had invested in IQ Group...!!! I don't know when the downtrending will stop n at what market value...??? It is a falling knife, don't catch it...!!! At present sentiment, Look 100% Bearish...!!!

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2017-11-30 19:15 | Report Abuse

hehe... i just bought some at 1.94, and ready another 50% money to buy it only IQGroup go below 1.70
worst scenario lost 30%, good scenario 100-200%, worth to have some try

stncws

10,709 posts

Posted by stncws > 2017-11-30 23:17 | Report Abuse

1.5 target by Monday...then rest 6 months

kelvin61

826 posts

Posted by kelvin61 > 2017-11-30 23:23 | Report Abuse

It's all about investors perception of the stock they have invested in. For instance, Lafarge has been losing money for the past 3 qtrs amounting to -15.9 sen EPS, yet the share price is still at 6.86. Likewise, gtronic with only about 12 Sen profit on EPS to show for the past 4 qtrs yet it closed at 6.39 today. So, it is difficult to speculate how much IQ will drop and when it will rise again. It boils down to investors and Analysts' perception. Are they gung-ho on the stock? If yes, then even making losses or peanut profit will not cause the share price to fall. In short, buy if you think it gives you good value with good visibility ahead on it's business and sell if you feel the stock has no more future potential, cheers.

tecpower

3,536 posts

Posted by tecpower > 2017-11-30 23:38 | Report Abuse

I have never bought this stock before. Haha

newbie92

418 posts

Posted by newbie92 > 2017-11-30 23:56 | Report Abuse

RM1.94 limit down 30%= RM1.36.
Sai lang at RM1.36.

apolloang

18,163 posts

Posted by apolloang > 2017-12-01 00:02 | Report Abuse

100% no limit down on mon.no 1.50 for u also

Posted by foreverchung > 2017-12-01 00:53 | Report Abuse

I've been monitoring this stock for quite some time. Friend bought in at 3.01, told me its damn cheap but I had a hunch that the management is less strong than I preferred. So I didn't buy in.

In the end, for me, I summarize in this manner:
- The company's business have good prospect.
- But management seem weak.
- Company finance seems to be okay.
- Just experienced a huge drop to lower limit.

Verdict: I only have confidence to buy if its lower at regions of RM1.8, otherwise, I wouldn't risk so much time playing with this company's 'Possibilities' and 'Potentials'. These 2 things are what the company can offer to persuade me to buy for now. RM1.8, buy.

PeterNg

409 posts

Posted by PeterNg > 2017-12-01 01:01 | Report Abuse

Total Volume 884600 trade on RM 1.94= Rm 1,716,124

PeterNg

409 posts

Posted by PeterNg > 2017-12-01 01:20 | Report Abuse

Rm 1.94 Trade price detail.
Volume Trade Number
10000 20
10200 1
11000 1
12900 1
13000 1
14800 1
16600 1
18800 1
20000 4
22000 1
28300 1
29900 1
46000 1
50000 1
54000 1
129700 1

PeterNg

409 posts

Posted by PeterNg > 2017-12-01 01:22 | Report Abuse

Volume Amount
10000 388,000
10200 19,788
11000 21,340
12900 25,026
13000 25,220
14800 28,712
16600 32,204
18800 36,472
20000 155,200
22000 42,680
28300 54,902
29900 58,006
46000 89,240
50000 97,000
54000 104,760
129700 251,618

Total Amount Trade = 1,430,168

PeterNg

409 posts

Posted by PeterNg > 2017-12-01 01:24 | Report Abuse

The largest stock holder is 129700, i believe he/she still earn money.

PeterNg

409 posts

Posted by PeterNg > 2017-12-01 01:26 | Report Abuse

20 person hold 10000
4 person hold 20000
1 person hold 50000
dump the stock..

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