Already expected the risk. 3 straight qtr drop now become 4 straight qtrs. But some laugh and said iq is safer than mmsv (didnt study or just simply ego).
Investing is about capital vs time vs rate. Basic financial teach present and future value / interest rate. Bonds have coupon and maturity. FD too.
Before invest must set how much to invest, period of invest and target price. When reach, sell. When losing (based on own limit), cut loss and move on.
Those said losing is nothing is just to comfort. Better than crying. Peace.
Flashback last time i bought 4.2 go all the way up 4.8,then not sell, suddenly,goin down just one day to 4,thrn cut loss...imagine if not cut loss,that why no matter what u need to learn cut loss strategy even mmsv, i not using cut loss to much, thank god other goreng2 penny stocks better cover my loss in mmsv...thats why sometime goreng2 also better than good fa counters...lesson learn...
I think most of ppl don't fully understand how this company business ? First the company big boss hold how many percentage ? Public share holder ? How they earn money previously and future ?
First , look like this stock public share and fund manager hold more than 90% and owner itself hold less than 10%..so it is common fly high drop endless .
Second , we know LED lighting price last 2 year price compare now almost drop 30% in selling but material cost is increased . So no matter either u oem for other or u create ur own brand , it is very difficult to survive since last year and future if your company are focus only in lighting industries . As we know this not only happen in Malaysia, China also facing same story. Most of manufacturer here basically imported component from China and assemble here . As I know lot of china this type of factory are closed and switch to other industry .
This is not betting or ppl scare we buy , if I know this company are vulnerable and die slowly , shall we sell asap or buy at lowest to wait for rebound ?
Simple said : 1. big boss not enough power or money to hold the price 2.future business will.continue drop due to competitive
3.sometimes very funny , big boss hold too much share , price increased so slow even good result , drop also slow ..This counter reverse , major share holder had little shAre , so increased like rocket , so down time should be same ..
Size of holdings No of holders 10,001 –100,000 shares 204 Less than 5% of the issued shares 44 5% and above of the issued shares 2 (As at 30 June 2017)
bearish king say (rebound) vs others (sell)=terminator judgement day Arnold Syushah nak eja said "talk to the hand"..(just kidding,just a joke 4 da day)...
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....
PeterNg
409 posts
Posted by PeterNg > 2017-12-01 01:28 | Report Abuse
I believe there will no more big seller that sell the stock on Monday.