Good investor sometimes must have the gut to choose between cut lost or nothing. Hoping for the best while be prepared for the worst, especially when comes to high risk penny shares. Don't always deliberately look for good news while overlook all the bad news.
It's true it's a good advice. Cutting lost I did learn in a seminar. Cut lost and move to the next counter or enjoy the money before it executing the purpose plan. Ask yourself any possible for that share to move up base on the today news? Share buyback from company? I felt relax after selling all my hubline share. If the share back to 0.015 ask your remisier whether you can sell at that price?
Hubline is owing millions of ringgit. Owing money from lender and need to pay for interest. Today news already tell myself more than enough the company status. Their plan is to touch share holder money. Ask yourself can you make back the money they use from share holder? How many years need to wait? 4th generation?
one quarter might earn 1 or 2 millions another quarter might lose some. one year maybe the best 2 or 3 millions with this kind of turnover. but t short + long term debt too high impossible to turn around unless share holders willing to pour in at least another 500 millions i.e. 37cts for every one lot your have now.
500 millions, why not we sell all share and use 500 millions to buy a hotel ,freehold and make money from it than giving money to hubline with no gurantee of ROI? Just a taught.
why investor's money they need to take? i invested 40k become 10 k now then become 5 k and after 1 year this 5 k also become nothing very hard earn money.... poor become poorer rich become richer
in USA this kind of company will be delisted and regarded as inappropriate for listing since long time ago, but in Malaysia a little bit "fee" everything is possible. all directors have already diverted the money into their pocket mostly through borrowing, now time to get money from minor share holders again, since greed is common human nature, u afraid to loose anything turns out u lost everything.. You get what I mean?
"In a filing with Bursa Malaysia on Monday, the shipping firm proposed to cancel half a sen from the par value of each 1-sen Hubline share and then to consolidate the 589.85 million shares into 11.80 million shares based on 20 half-a-sen shares into one 10-sen share." My question is if I have invested Rm10k when the share price is 0.010, after the above exercise how much money is still left?
The whole board and management should be sacked due their incapability to revive the co arising from the previous exercise. something is not right here , should file a complaint to SC and get the MACC and PDRM to investigate where all the money have gone to .
Apparently the last corporate multiple proposals did not solve their problem. The previous professional adviser had failed and should be sacked forever. I think everyone should know they were. They caused hubline to issued and increased billions of new cheap shares flooded in the market and ended up now nobody dare to invest. We are getting so tired already on this counter and their Management could come out and tell us and confirm whether their coming new plan will work or not. Otherwise we shall cut-loss and leave this counter forever then!
sttech when par value reduced to half the 20cts actually only worth half. i.e 0.10. this is how the play magic.Have to consolidate because 0.5 is next to nothing. 10 cts still got room to drop into 1ct, Then next round consolidate again. ha ha. save your money buy your wife and kids good dinners.
I suggest you read KNM past experienced first on PAR VALUE REDUCTION & SHARE CONSOLIDATION. You can surf thru google and the date is somewhere 24 Jan 2014 & year 2010. KNM reduce it borrowing by issuing PAR VALUE REDUCTION.
Another share is KINSTELL, go and found out about PAR VALUE REDUCTION.
From there u will learnt something and moving forward is up to you. Fyi, KNM share price rose twice after share consolidation completed. You can check the news somewhere Feb 2014.
I think stupid investor is right. There's a company X share consolidate 3 times, share still continues dropping. There's a guy invest Rm 3 million in 1997 for that company. After share drop and consolidate 3 times he only have Rm3k worth of share. It's real life story. That guy share his transaction record to me. The money is inherited from his parents. He's only 19 that time.
indemnified sell now, better keep it for long term investment rather than sell low loose 70% of your hard earn money. Don't listent and follow others people sentiment, they just want to make you all panic sell low 0.005 cent, so that they can buy at this low price. Same as they get durian runtuh make fast earn money. This is just my 1 cent opinion...
I bought hubline at 0.010 cause taught it never have a chance of droping. Now I sold all hubline share at 0.005 cause the news came out about the consolidate share price. But somehow it seems like a wrong decision after reading the advise above. I'm very confuse now. If it's a wrong decision please advise. If it's a right decision please advise also. Thanks.
I think base on the statement below if rm 10k @0.010 of price become 0.020 my money become rm 20 k, if rm 10k at 0.2 means if stock price become 0.40 then only my money become Rm 20k. It means chances of earning a lot is very less and there's chances of stock price becoming 0.010 again. Then only left a bit of tiny dust .
stteck arnold, the consolidation has no impact to your money, but share price does. 10k = 1,000,000 @ 0.01, is the same as 50,000 @ 0.2.
No doubt none of u guy have ever made profit out of this counter, A lot bought at 5cts, 6cts and majority > 10cts since 5-10 years ago. all u can do now is keep on telling your hopes, make yourself feeling better. Doing business so long still mountain of debt. buying vessels for low profit margin business. Give me 100 mil. I am debt free guy, I can invest all in highly potential O & G industry that need to rebound soon at least 200-300% return in next few years. Think about it. Stop the craps and unnecessary worries, bring your wife and children out for better meal.
I think stock market it's like gambling. That's why some religion against gambling as well as stock market. Think about it if we didn't play stock market, buying magnum and playing at casino from the beginning, we have extra money to buy car or house. (Pay in cash.)
I really don't understand why, some people do not owning a single cents of share here, but he do a lot of talking busy body here, why??, Are you expert investor, master sifu or what?? or same as others stupid investor just an empty can only look goof from outside but empty inside...
how many time told you guys but still want to be greedy and go for cheap skate.always want to listen to pro denounce con. I can't educate idiocy and greed.
Hey all of you, you know what, stupid investor is everywhere giving NEGATIVE comments. From AA, and other. I guess this guy is trying to con all of us. Giving negative comments. Either he wants us to sell cheap or maybe he got burn. Hoping we all do.
Every counter got a target price set by varies parties, monthly, quarterly, yearly, u heard the term and try to out smart the expert, ha ha. Hubline used to have the target price of 80cts, 95cts few years back.
All the while I was telling the truth, but the truth wasn't what u want to listen, please refer back all my comments. u guys screwed me for the warnings. and forced me make u guys living in your fantasy. I have warned U never go for cheap skate. scared to loose some end up losing everything.... did I tell u guys don't waste ur money? Maybe u guys are rich people.
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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....
stupid_investor
702 posts
Posted by stupid_investor > 2016-07-19 17:03 | Report Abuse
Good investor sometimes must have the gut to choose between cut lost or nothing.
Hoping for the best while be prepared for the worst, especially when comes to high risk penny shares.
Don't always deliberately look for good news while overlook all the bad news.