confirmed hopeless, my simeprop went up so much yesterday together with KLCI while EUPE continue dropping to new low everyday, next week most likely will break below 1.08 super important support, c u at 0.8x by end of this year :D
First time buy at 1.03, I like 'trash' counter like this, PE 4 to 5 times is absolutely 'Sky High', net gearing 0.25X 'overly high debt' compare to industry average 0.5X
Market crash for 10 days straight, most small cap and mid cap crash like hell, ioipg, simeprop, spsetia, mahsing crash 30% and above from peak, u think small cap eupe can escape broad base selling
if i can play RSS i will definitely short it to the max, IDSS no meat since it drop 1-2c almost every single day and IDSS must close position on same day.
Btw, it is going to break belowRM1 !!!! holland to the max, told u this is the most rubbish property stock among mid/large cap property stock
base on total sare issue, chart, bid pattern, selling pressure, the selling is apparently done by institution / big player who may have insight into the company operation, the way of sell down is definitely alarming !
EUPE fundamental and earning per share are very attractive and fantastic but no big player to support it even at very good buying price. Unless the property sector collapse, EUPE share price should recover.
He got burnt big time by eupe, so kinda like letting out steam everyday
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roger3210
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Posted by roger3210 > 2024-08-30 10:26 | Report Abuse
wow, many property stocks rebound : EUPE RED lol. told u buy other property stocks if u want property stock