Hi bro @Rowie, good observation. All this related Stocks having very low borrowing after paying off liabilities and good price/net asset value. Will see how the effect of endemic on the price recovery.. Happy trading and TradeAtYourOwnRisk
Rowie...you are spot on. Lot of risk involved. No risk no gain. Due to the beat down price and high cash from PPs, ESOSs and RIs; all this interlink counters still can be a good bet...one up will show profit for "the loss making Penny Stock investing in another loss making Penny Stock". Happy trading and TradeAtYourOwnRisk
My concern is what quoted securities did they buy and at what price. Is there any way to know? How come they never disclose to Bursa? If they buy at current beaten down price and not at a inflated premium like what they did to Cheetah, then it could be a good investment, especially if the securities are not junk, loss making shit
With the opening of borders, economy, business n etc. I believe Saudee will shine further in the coming months. But for the shares how high it will go. The operator has the answer to that question. They hold the JOKER.
being part of fintech, don't expect to get any dividend from them... they will just siphon the profit from the company by buying shares in their own group to create another profit...
@Rowie. I hope you are not playing contra. You can never earn money playing contra with this counter until they start to goreng. You are very likely to lose half cent each time you go in and out, that's a big percentage for this stock
like last time when it breaks 5.5cent resistance it fly till 8cent...this counter for those want to long term....and yeah there's chances to reach RM1 or higher
No, he want less ppl to jump in, so that he can hands up the price from lower (the range maybe at 0.04-0.05), hands up to at least 100% gained (at least 0.08), then there will be more ppl jump in to help him to achieve to at least at 0.30. Once the ppl like us break 0.30, he will hands up again til at least 0.44, then there will be more and more ppl jump in again to make the price til the new height (over RM 1.00 - why becoz it has a historical data proven), in a such profitable shares, everyone believe the price will go beyond RM 1.50, then he will sell out all the shares he can. 0.02 is coming then.
With 2 consecutive growth and profitable quarters, nta of 16 cents and net cash of about 50 million, esos and pp at 0.055 , I am sure operator will play up if you can hold 6 months to 1 year
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....
hiddenJ
113 posts
Posted by hiddenJ > 2022-03-25 19:39 | Report Abuse
Good result, keep it up.
We don't need a shoot-up, but a healthy trend.