This stock is overly sold, no reasons were given...so far? Technically , the rebound is clearly long over -due...given that the last 2 qtrs profit increased n it has even surpassed 92+c per share. all punters had given a negative impact on the strength of RM vs USD without looking at all the facts n figures. All the -ves were out , one by one until it slumped lower n lower each day! I was wondering who r the buyers when it touches its lows, surely not the ikan bilis n the big timers r accumulating at the expenses of all the -ves which had gone viral in i3.
Because of the price went up so fast, they should take the opportunity to split or issue bonus shares. You can see a lot of the companies are doing so except this company.
The co is making more than 92c per share ; not a losing concerns but sadly the stock price is only reflected 50% of its actual value ; the sole reason being the co is adament of paying any div at all after all these years ? Keep on expanding but not giving back anything to the minority shareholders...
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....
Jeff Lee
327 posts
Posted by Jeff Lee > 2016-03-08 16:04 | Report Abuse
leslieroycarter...
he is no longer substantial shareholder..
no need to disclose now