While researching IQ-Group, I noted the company does not have real economic moat. In view of the growing industry, threats of new entrants is inevitable because everyone wants to have a piece of the pie if it taste good. Apart from being at the forefront of PIR sensor technology for over 25 years which lead to the company being a global leader as claimed in its website, how will IQ-Group compete against its competitors?
i can see R&D could be dangerous for business. If we concentrate on tat, perhaps need to forget a while about profits. It is actually applicable for universities only.... Analogy is simple, you make PhD, to create somethin new,how long,sometimes more than 7 years to success. Of course sometimes success sometimes not..so i see, the reflection resemble in here....just hope it finish with success to recover quickly.
no matter how you support saying rebound or how many shares you buy will not help anymore, for sure iq can't hold the current price & will further drop simply bcos of too optimistic in the industry & over goreng by insiders in order to distribute their maximum shares to retailers, just a pump & dump as seen in many counters in bursa
can't wait to see tommorow...just another benchmark for us..hope the shareholders strong...erm fong siling maybe strong, coz amount of money in here still cheap compare his win in others...
in share market, anything can happen ,no such thing as right or wrong, Freedom of investing is in the hand of investor, if you still have faith in this company, you may invest, if not just keep your mouth shut...
i sold it with a break even point some uncle advise me not to take the risk, since the company profit lost still pay so high dividen and pay so much employee benefit... it might have some internal issue to settle
Who jump ? All this counter sector are down..see success, ulicorp ..then see again their latest qr..then u will realised why drop like that ..just wait another 1 year ...it will keep dropping
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....
Striker90
2,617 posts
Posted by Striker90 > 2017-12-02 15:14 | Report Abuse
adui, in this kind of market sentiment you stil want to hold a losing stock, and wait for rebound? Mgm said the condition gonna continue weh