so sad for Zhulian supporters. Got smash to pieces. My heart is very sad. Even worse to those who buy Zhulian call warrants. My thousand & one prayer to our zhulian die hard supporters. The darkest hour for zhulian in 2014.
This company will perform badly for the foreseen future, i know alot holding from rm4++ and hoping the rebound, i'd persuade my parent to cut loss too, there is alwiz another company shares to earn back ur loss, dont have hope on company that have a bleak future.
why so freak out here? i'm seeing it differently tht is a bargain nw. this is a panic selling pressure now & it's always tht when u look back the price chart in near future, u will regret not buying at bargain price. political crisis in thailand is jus temporary situation so chill out. way better bargain than tht amway so decide urself:
amway PE & BV: 18.61 & 790.37 zhulian PE & BV: 9.44 & 158.42
If i assume the politic conflict will settle after the election that hold in April, Zhulian also needs 6 months to recover eg 6-8 months to regain the confidence of investors.
temporary could mean short or medium terms. logically, it wouldn't be forever so those who hav faith in zhulian for longer term prospect should be fine
its all about earnings. right now, as it stands, if you project EPS based on last Q report of 3 Sen/Share -> 12 S/S for whole year, @ PE of 15 (optimistic), then share price should be RM1.80 (whoa!). That means more downside pressure, as price is currently RM2.85 - sorry to be the bearer of bad news
@arv18 Prudent advice. I had been toying with the idea two weeks ago. From Zhulian's volatile swings and price record, the *possibility* of striking is there. Especially with CB... Ex. Price 3.95; Expiry 31/10/14. There's a fighting chance with this one. But have to take notice of price action over the past two trading sessions - it's clearly on a downward trend. 3.00 was a very important support floor. After slipping through, this level will become the new ceiling. The mother and SWs may look `attractive' when compared to their previous prices but we have seen how "low" can become "lower". Will have to see it finding support first before even considering to buy.
Some update on thai situation, yesterday the police start their reclaim process whereas the police start to reclaim back some of the protest area and the results is 4 people die and 64 people injured. The opposition leader afterwards claim they would continue with their protest and would come up with something "GREATER" until their objective is achieved!
The Thai anti-corruption unit yesterday announce they would summoun the caretaker PM for hearing on 28/2/2014 about her involvement in the padi scheme crisis which the agency sue her for negligence of duties.
Last friday(14/2/2014) the caretaker government assure the farmers that they would get their overdue payment(more than 5month unpaid) by this monday(17/2/2014) but on monday Thailand Government Savings Banks (The thai ppl call it Pink bank), the bank that suppose to make payment stop the payment due to high outflow of deposits which done by corporate or individual who support the anti government rally.
So with all these things going on, this company going to affected badly due to it's huge customer base in thailand(>65%). Hope the company management able to work out something or atless reduce their costings,otherwise expecting another few quarter of bad financial results.
For traders, this counter is worth watching. It's something like AirAsia where both have enough volatility and price range to make it attractive for speculators. At the moment, fundamentals and technicals for Zhulian say "Keep away". It's all bad news and pessimistic views now but it will eventually find its bottom and build a new base. CB has 7.5 months to expiry which is a reasonable period of time for sentiments to change. I'm not buying yet but I will definitely keep tabs on the mother. There is `poison' in its system and we should let the market purge this first.
Same for me, this is one good counter with good management. Just the thai crisi make it suffer, wait till the price found a bottom then consider coming in again.
listen, if thai situ improves over the next 6 months, then obviously Q reports will improve eventually, and by extension price. i guess if you're a long term investor, couldn't be a better time to pick up a few more shares.
@ matc seeing such a huge gap in the price chart also makes me wonder if this stock can claw back some this year. but it really all boils down to earnings and to some degree mgmt ability/desire to communicate better...
open d chart n see yearly timeframe, 2.78 is the support resistance and demand keep stashing at 2.80/2.81 coz usually they like to buy 3 sen above resistance support line when approaching support as always.
last year 2013 feb, 5131 at 2.56, and thereafter increase to 5.15 (highest), make some money. but still holding lot. This is a prospect, worth to hold.
well .... use TA all you want, the financial report from last quarter was abysmal. projecting that result, as i did earlier means that support will be around 1.80-2.00 region, unless the thai situation improves, unfortunately. Alex Lu projects RM 1.40 ish (even worse).
whether i owns shares is immaterial, i'm not the one making up financial reports as i go along. it is zhulian themselves that put out those shocking numbers without even bothering to explain the situation, leaving investors vulnerable to the inevitable selldown. we can speculate as to how much money was made on regulated short selling of this counter and what-not, but the question remains - how is the company planning to recover earnings in the future, and why such catastrophic results in the first place?
the closest result was 25 quarters ago EPS of 3.66 sen for 31-08-2007 Q. And this Q was 2.99 sen. whats going on. can anyone help me out?
i) Why there were such catastrophic results in the first place? As an accountable management, explain it please? ii) What is the plan to recover the earning? Show your plans and direction, please?
4 dead and 60 over injured in Thailand, where got mood to buy Zhulian accessories lah.
Now Zhulian's old investors like auntie uncle in kampung also selling like no tomorrow after reading the main title in the main page of Sinchew Daily, the chinese daily with the largest circulation in Malaysia.
RM5 will never ever get repeated again. Now what welcoming Zhulian's investors is RM2.
I've only just read Alex Lu's post after seeing arv18's comment. He values it at RM1.44 but I don't think it will go that low. Anyway that's for the future to decide. But Alex was spot on big time with that post of Jan 22 http://nexttrade.blogspot.com/2014/01/zhulian-when-roof-collapsed.html
-CC Ex. Price 5.38; Expiry 6/2/15. This is a real longshot. I don't think Zhulian had ever reached 5.38(?) Even CB's 3.95 looks so distant at the moment, not knowing where the bottom may be.
all call warrant holders are fried & losing their pants. It is really dangerous to buy call warrant. Buying mother shares are not profitable, what more to say when buying call warrant which really burn retailers Kaw- Kaw.
The issuer will not issue put warrant bcos Bursa will not allow it. If there are put warrants for Zhulian, certainly it is wiser to buy it when zhulian reach RM4. 00++. Do you think issuer is that stupid to issue put warrant to lose money meh?
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....
tallman
922 posts
Posted by tallman > 2014-02-19 08:14 | Report Abuse
Stay at sideline, will drop further.