already trapped many people sure dead lah....sudah habis goring now they wait to see anyone kalah banyak dispose, if no sell no chance of up a lot,if sold all then they will start to push again....all the sharks work
Wanda also declined to comment when contacted by the South China Morning Post on Tuesday about the status of its bid for Bandar Malaysia.
Why decline to comment when the whole world is saying they are not bidding? Wanda is not in the list as reported by the S'pore Straits Times. RFP is already closed.
Wanda should say, 'Yes, we are not bidding'. The 64k dollars question is WHY?
@Irene, Wanda 自身难保, may go bankcrupt anytime, dispose all his belongings n pants within 2 months time, after he meet our Big Botak n offended Premier Xi n Li, how to bid BM anymore? Talked too loud n big in May, now malu lor
1. Malton's share price used to hover around 0.85 cents end of last year.Way below its IPO price! 2. Because of the market hypes that the corporate merger is pending with WCT(same large shareholding vendor) the price slowly ascended. 3.Then another hype of Bandar Malaysia(BM) following revocation of IWH-CREC tender the price gained momentum.JV with Wanda China for BM master developer. 4.Basing on all these hypes,nothing concrete had materialised. 5.Now the price is RM 1.15 and many were caught holding an overvalued and overpriced stock.Some chased and bought at the market high around RM 1.75 and above. 6.They failed to realise that for a speculative and volatile stock price reversal can be brutal and take a sudden turn for the worst. 7.Financial analysis,fundamental analysis and valuation analysis do not support the price that Malton is fetching presently.
Outcome: Barring any great market news from this counter,the share price will be bearish.More downside than upside.
i am holding mine at 1.70 and got burnt badly now....if buang now very heart sick....at lease up abit dun let us all burnt our hands too deep la :( :( :(
@tokti, N2N is a thinly traded technology counter unlike a few other which were actively traded like GHL Systems, Mpay,Willowgen,Mlabs,others. 2.Reached the peak price RM 1.00 in early 2016.After that all the way down gradually to the present price 0.75 today. 3.Financial Analysis(FA) and fundamental analysis fair or average.EPS- 2.54 cents(low); PE-29.53; ROE=6.51 fair. Giving DY of 1.92% pa. 4.Price tends to move within a narrow range of 1-2 cents,but unlike other stocks mentioned above. Unless the trading volumes perked up,the upside potential is limited. 5.Have not heard of any news moves (coming or anticipated M & A) for this share counter.
Outcome: Even though if you nibbled on this stock,your capital gain is low unless there is a big positive news coming.
Dear gcke sifu..very very appreciated of your advice...many thanks...i was told N2N spent about 100m to acquire a HK co and now they wanna delist in Bursa to list in HK...so kill the price here n privatise later for his big gain..shareholders suffer..
Fair pe should be around 8-10. So the fair price should be around 0.70-0.80. The only hope is some extremely good news or the profit is able to double or triple in the coming quarters.
@MamaCat emphatize with you on holding the share at the high.Do consider the followings,apart from what I disclosed earlier:-
1.The stock is presently caught in the bearish state. 2.Technical Price Charts- Moving Averages(MA),Moving Average Convergence Divergence(MACD) and Relative Strength Index(RSI) support the prevailing bearish state for the counter. 3.Next QR due somewhere around end Augutst 2017 will not be good vis-a-vis the same QR last year.Last year QR was on the high because of extraordinary gains which is one-off matter. 4.Financial Analysis basically looking at Earnings per share(EPS) -6.90 which is mediocre; Retruns of Equity (ROE) which is 4.29 poor and mediocre and Dividend Yield(DY) only 2.4% for the previous year.Lower than what one can obtain from your Fixed Deposit(FD) rate.
Outcome: Basing on all the facts and information available,the stock will NOT recover and touch the earlier high above RM 1.75.Unless,there is some big market moves or news involving the counter which can give a big and positive impact on the Malton share bottomline.But seemed such news very seldom heard nowadays.Forumers cannot make the decision whether to buy,sell or hold.The hard-earned money is yours to guard and makes it grows. But always REMEMBER when investing ( especially on speculative stock like Malton) one basic question to ask is whether the price you are paying is on the high side and what is the risk level(Very high,High,Moderate,or Fair) and whether you can bear with the risk arising if the price suddenly reverse downwards.Risk can relate to losses if the counter market price is down after buying.
We like to see most investors make a reasonable capital gains from the market.But be a smart and savvy investor or speculator(trader). Good luck and have a wonderful weekend.
Where is erkongseng ahh??? Hahaa.. he was promoted this counter hit 1.60, whoever follow him and buy now your money become toilet paper already. This fellow always ask people to chase high. Be careful
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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....
tokti
2,643 posts
Posted by tokti > 2017-07-26 20:39 | Report Abuse
Pray for price hike back to 1.90 level.. September is still a long time to come