Bingo, that is 1st reason. 2nd is because the directors own 70% of the total issued shares, the remaining were holding by the market/institutional. Which mean low supplies, split and bonus issue increase the supplies holding by the market. The share price is low because not much supply, in other words big fund and big boy will not pick this counter, because it's hard to buy and hard to sell unless the supplies increased. Now it's obvious who is the sozai?
Lol the problem with you Jerry is that you think like a piker/punter and you probably do not really know much about the intricacies of equities and financial analysis. You see, no one gives a f*** about share splits, bonus splits and all that crap as long as the financial statements and business is still healthy and making a good profit at a safe margin. Deleum has performed quite well despite a weaker Q and who the hell cares when smart investors hold this for years. You don't just grow in a year and become the next Sapura Kencana. This is the potential that Deleum holds. Obviously I do not have as much here as I have in Uzma and I have already doubled my money in Uzma. You newbie please learn you stuff before you bark here, TQ.
Speechless, how to explain to somebody like you? hrmmm wasting my time, go and read more articles/therories. It's not bout punter or what, but big fund like epf will not consider to buy a share with less supplies simply because it's hard to buy and hard to sell. A simply theory like this you can't understand? Nobody questioning the company's fundamental or growth but share supplies. If you still dont understand, you can always click on bursa check those share with good fundamental but less supplies in market, see their price is low or high. Example, Cview good fundamental dividend every quarter pe only? You need big fund to go in if you want the share price up and thats why director propose bonus issue and split.
Made nice money liao hehe my counters all huat like hell..Stupid Jerry small fish don't talk so much la pui. 1 month ago I ready told everyone this will huat no one listen. Now wanna acknowledge me ah go fly kite la I bought at 5.90-6.00 before split liao at a huge amount. Fast cash baby!! OOH yeahhhh banyak cantik.. soon will have a tiny correction. Careful guys!
Dumb Jerry you trying to teach me mate? I know how to built models of this company and you trying to act smart here by recommending me to read 'articles' lolol amateur kid
Ahlah cut loss. Kretam is not a good company with pretty weak fundamentals not to mention some strong political warfare behind the scene. I would recommend you to throw your money into equal amounts into GUH(safe counter, slower cap gains but 5% yearly dividends), SMRT (high upside, slightly volatile, projected 30-50% return in a year) or BONIA now before share split because it is a lucrative company with solid revenues and massive expansion in Indonesian not to mention decent dividends. But if you wanna max out returns, go to YFG berhad(penny stock), a turnaround profitable company which is very very undervalued and not hot, so if it remains profitable for the next 2 more quarters this year, most prob can shoot 60-80% above its current price. However, YFG is pretty risky, even I only have 5% of my portfolio invested here.
Not really sure it would rebound today but only pretty confident the price will move forward RM3 after current price consolidate and reshuffle. long term and value investor will be rewarded that.
Deleum long run can still do well, still growing rapidly with double digit gains and healthy book order value. I would say..BUY from 2.25-2.30, these are OK prices to re enter Deleum. Counter will be quiet for a while until the next Q results which would be more positive in a historic viewpoint that the last one so can huat a bit. If got more deals can huat la but doesn't seem like any news is brewing on that at the moment. So, expect it to be a bit slow now..until next Q result...but buy below 2.30 and hold and you should be OK.
Looking forward, we continue to be positive on Deleum’s outlook.
FY14 marks an exciting year for Deleum as they have a record high orderbook of an estimated RM3.3bn which was largely secured over FY13.
Of this orderbook, roughly 60% is for the P&M (power and machinery) segment and the remainder for OFS (oilfield services) and MRO (maintenance, repair and overhaul) segments.
Key contracts include (1) slickline contracts from PETRONAS, Newfield, ExxonMobil, Petrofac and PCPP Operating Company, and
(2) long term service contract for aftermarket turbomachinery maintenance services for Solar Turbines gas turbines installed in Malaysia. The current orderbook will sustain earnings until 2020.
With raya round crner,no suprise fr share holders ,malay directrs to offload shres to liquidate.with split n bonus shres which comes in handy,surely theybwill sell some frvthe festive seasons ...
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....
Jerry
1,895 posts
Posted by Jerry > 2014-06-13 15:51 | Report Abuse
Bingo, that is 1st reason. 2nd is because the directors own 70% of the total issued shares, the remaining were holding by the market/institutional. Which mean low supplies, split and bonus issue increase the supplies holding by the market. The share price is low because not much supply, in other words big fund and big boy will not pick this counter, because it's hard to buy and hard to sell unless the supplies increased. Now it's obvious who is the sozai?