This share counter is highly speculative.Driven to the historical high from ~0.82 cents to RM 1.70 and higher because of the earlier hype that they stand a good chance to take over Bandar Malaysia- in the new tender RFP which was\ just recently closed.The rumour abounds in the market-place that the company is partnering Wanda Group from China. 2.But expectation take a reality hit when Wanda Group was recently investigated by the Chinese authorities on some of the deals that they are involved. 3.This counter FA has nothing to shout about.Mediocre earnings and shareholders have been hoping for better return of equity and yearly dividends at every QR but reports still mediocre.. 4.Basing on the latest development which is not positive or game changer for the counter expect the price to go lower.Even at the present price it is overvalued. Just to share.
i bought at 1.080 and sold at 1.60, made some profit but i small fry only. Now that Malton and its warrant also taking a dip, is it wise to buy bck some and maybe it will go bck up maybe at rm1.50? Pavillion 2 is the maiden project i believe , not sure if any future projects are in the way to secure bck its peak price again?
pocket congratulations. you made a good profit. i cut loss. seem something not right already ? many properties counter go Holland like glomac huayang osk jkgland cresdo plenti l&g tiger and many many. what happens. hope government can seriously look at this problem .
Stock market is a battlefield. Zero sum game. U win other lose. U lose other win. I have learned hard lesson and lose everything long ago. Now my game is winning. Unless u buy cheap at 60 to 70 sen, bought high price is doomed. Must sell higher price and get out immediately. Then baru safe.
Agree with Bigbull99. Kasihan the losers cheated by the rubbish buy call at sky high of RM1.40 to RM1.90. Now slow death is very painful. But smart are laughing to the banks with big profits.
@ivan9511 : yea you are right, seems many counters are dropping across few industries. Property counters also affected widely. Gain some in malton but lost some in iwc. With iwc i flew first class to holland :pPp.. Had to cut lost too. Well, if malton dips any further, will secure some, in view of pavilion 2.
To Sifus here what do u think? When pavilion opens, will it in anyway the price point will increase?
Government's lackadaisical attitude and silence is typical of the current administration. No updates nor transparency to the public. Need to learn a thing or two from our Singaporean counterparts.
Proposals to develop the Bandar Malaysia project will be accepted up to June 30, 2017 with a final decision on the master developer being made by July 14, says newly-appointed TRX City Sdn Bhd and Bandar Malaysia Sdn Bhd chairperson Mohd Irwan Serigar Abdullah.
Not speculating on any specific counter. Just making reference on how the governments lackadaisical attitude is putting investors off. Glc's have long been a cash cow for ruling party. That's why PH promises institution reforms. Was the deadline on Bdr Malaysia extended? No timely update, nothing.
You are right dexter, let the pricing of the either counters do the talking. Anyhow do not gamble with your money until you are sure. Let the dust subside and we will know the results by end of this month.
some rumor will out after 20/07 so some share will crazy drop, there were 6 Companies people now goreng, George Kent, MRCB, Malton, IWCity, Johan and Ekovest, so these 6 Company sure flight these two days, pick which one also laugh but need to throw before 20/07/2017
dont know when announced, but if the share goreng kuat, then the Companies will come out the announcement to said the truth, if let said they clarify no bid then all jialat drop until deep deep.
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....
moneycashrich
2,101 posts
Posted by moneycashrich > 2017-07-15 21:58 | Report Abuse
Likely in August/ September. Should sell this counter long ago.