still downtrend until drop at level 3.20 to 3.40...drop 1.00 today with high volume..still rebound tomorrow???whose seller?? major shareholder reduce their stake?continue drop 0.20 to 0.30 cents by tomorrow..wait & see..better buy gamuda at 4.30 and below...
It is likely to fall below RM3.0, the drops in revenue and profit is too substantial for a MLM company, something must be wrong, but not clearly disclosed in the quarterly report,and furthermore the traded volume today is too huge for a company like Zhulian, we just wait and see in next few trading sessions.
Once it's dropped so drastically, it's quite hard to renounce or recover within short term, just like haio still maintain at 2.20 to 2.70 over last 4 years
hepitrade, thanks for ur concern. Don't worry, I already sold my warrant wb at 32.5 cents in end of November. Now facing lost in MKH warrant which I bought at RM1.51 & Pohuat RM1.12. ='( I plan to enter CIMB & BIMB. What's ur opinion?
Lim, is Mike sometimes ask bout u... Why u disappear in pmcorp.. Hehe Maybank heard that ok geh, CIMB n BIMB I dunno oh..... Thought u good in FA... Hehe
ppginvest : thanks for the very sensible thought. Assume it is true, then why people follow CIMB dumping Zhulian ?
In my opinion the below two sentences copied from NOTES TO THE INTERIM FINANCIAL REPORT(Q4) were the main reasons. Even I now lose confident on Zhulian.
i)“The decrease in revenue was mainly due to a FALL in the local market DEMAND.” ii)“This was mainly due to DECREASE in overseas market DEMAND during the fourth quarter.” Both sentences imply severe profit visibility going forward. Thks
ppginvest: your theory is only correct if ALL the zhulian-ca was sold out during CIMB first launched it. But if you look back at the transactions for zhulian-ca for this whole period, it definitely not the case.
Well for the ca cb or whatever these are not even a child - its a still born Once the general public or investment bank abandoned the mother , there won't be any still born The ca cb etc all will be worthless And the issuer of this make money From the upfront subscription price and now since it expire worthless they no need to pay u Anything .. And they also hold a lot of these ca cb which they can dump out and make more money again !!
hepitrade, I miss him a lot too. I though he going to reenter market in March. Maybank can't earn much. I think BIMB & CIMB only can earn big money. Just dunno when & what price to enter only.
whenever you see people claiming this counter has a good dividend yield, you should know there are many hopeful souls around holding at 4.70 and havent cut their losses
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....
wahaha
215 posts
Posted by wahaha > 2014-01-23 18:25 | Report Abuse
Tomorrow will have strong rebound .... let's see...