This company need time to grow...Talk about its fundamental, this is shitty big holes company, but look at the bright side, it is a good opportunity to turnaround, they are just entered a transition to the OSV business, it will takes time to prove it. Well, It a big risk to invest here, but the reward is really huge when the financial are improving !! Furthermore, the director still hold the share, and trying hard to improve its financial. So my take on this, is hold at the moment.
the volume is so big for two weeks already but the price still maintain the same.. also there is no news of this company.. soon or later will go down..
note highest price of hubline many years ago is RM 3. Now only 6cts.Vey big cap.unlikey to go bust. recent rights issue at 7cts plus free warrant.Major director is trying to make back his money.off course some dissatisfied minor director will sell & look at other better opportunities.key is to understand that it won't get bust,Baltic Index improving & they are looking at more profitable shipping sidelines.Syscorp also seems to want to move. Major director keep on purchasing on own stock. I think little risk & very high reward/risk ratio.
Ooi, same mind with me, knm is not a good ctr, i hold it Rm1, till nowadays drop to 40 sen, i cut loss on 0.50, loss half of my money, really is a bad ctr...
@chris, i strongly agree with your methodology & believe hubline is a good bet.may double,triple or up 5 -10 times. Nobody knows until it is about to happen
Thanks Candlepower...one of the famous quotes from Warren ....Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well. Ok guys... please let me concentrate on my own investing game ! :)
Hepitrade... Noted with thanks. Doubled check the cards... I do like the probability. Do not mind to lose for a change. Risk is reasonable this one. Will wait for the next wave. Also went in Time too. Just try my luck.
Rich.... we seem to have similar taste and or strategy on this one. Always feel nice to have an ally in the battle zone. Also moved a small army to EAH. You also pick up KNM I noticed, if I am not wrong.
this type of loss money trading stock better sell fast as game over !!! very simple they bought 4.5 to 5 sen last few weeks and push up n create volume.they already make million from selling 6 n 5.5 sen now sell 5 sen still make half sen !! anyway they will clear all shares even @4.5 sen !!!
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....
Liew Brian
16 posts
Posted by Liew Brian > 2013-10-29 12:02 | Report Abuse
This company need time to grow...Talk about its fundamental, this is shitty big holes company, but look at the bright side, it is a good opportunity to turnaround, they are just entered a transition to the OSV business, it will takes time to prove it. Well, It a big risk to invest here, but the reward is really huge when the financial are improving !! Furthermore, the director still hold the share, and trying hard to improve its financial. So my take on this, is hold at the moment.