Foing siling's cost is damn high...definitely higher than 2.00. After averaging down 2day on a small amt of old shares bought @ 1.17, my combined average is just a shade over 90c =)
TP 1.2 lets goooooo although next week can start at Rm1.05 first..
Safe TP = RM1.2 for me :) Modest TP = RM1.5 for me :) Bet on next QR TP = RM1.8 for me :) Bet big on next QR TP = RM2 for me :) Cut loss TP = nope Hotel? = Trivago
+company nett cash +company switch back to low mix high volume +high volume = -production cost = profit
solid evidence supported by recent QR, with the combination, what do you think the share price will become? investing when it's at low price, true value investment, join before everyone speculate this counter, cheer mate...
Monday tuesday doesn't matter la...already made a windfall for August thanks to a concentrated bet on diversifying-into-Covid-panels AHB...I don't mind waiting even for a week =)
No more sellers since 3:01:25pm. Guess they grew some brains lol...unless the index drop 20+ points...then kan cheong spiders will panic & sell more...
KUALA LUMPUR (Aug 28): IQ Group Holdings Bhd and Kwantas Corp Bhd share prices closed up at their intraday high, as investors weighed the former's first quarter financials and evaluated the latter's planned privatisation.
At 5pm, IQ, which manufactures lighting and security products, closed up 30 sen or 66.67% at 75 sen to hit limit up.
Meanwhile, oil palm plantation firm Kwantas rose 29.5 sen or 34.5% to RM1.15.
Yesterday (Aug 27), IQ reported that net profit stood at RM1.78 million for the first quarter ended June 30, 2020 versus a net loss of RM3.14 million a year earlier.
IQ said revenue rose to RM38.86 million from RM30.43 million. Its latest-reported net assets per share stood at RM1.40.
Meanwhile, the buying frenzy in Kwantas shares started yesterday (Aug 27), following Kwantas' announcement on Wednesday (Aug 26) that the company received a letter from major shareholder Kwan Ngen Wah, who requested Kwantas to undertake a selective capital reduction and repayment (SCR) at RM1.65 a share.
Kwan said in his letter to Kwantas directors that he wrote the letter to submit his proposal to privatise Kwantas via the SCR.
very little share change hand....it will continue to go up once reaching near 10 million possibly..
when it start to rocket.....total trading still very low .... Chances sharks..baby shark..grandpa shark whatever ikan bilis....didn't aim for this cpunter at all.
it will then comfortable go up 1st at rm1.50 before zooming towards rm2
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....
dompeilee
11,889 posts
Posted by dompeilee > 2020-08-28 10:16 | Report Abuse
Not many retailers have shares to throw...can't even reach 1 mil vol even tho limit up....Easy to corner =)