i already sold all. i bought at price 0.355 b4 dividend announce. after take the 5 cent dividend i sold at price 0.34. meaning i earn 10% within 1 month better than FD. thanks komark.
Actually since the price achieve 52 weeks low, it is a wise idea to buy it. This company works on labeling. There are few competitors however, I notice that this company is still strong.
In additional to that there are cash flow and the director also clarified in the report where after losing Shanghai Business, the will use the money to pay back the debts and buy 3 new machines and increase the staff efficiency. I guess that is a good solution and there are ways for the share price to rebound.
So instead of holding I might be buying additional units. ^^
Quan i think you are right but the problem is near term , it takes time for all these measure to kick in and see the result ... Unless of course if the news can spurs the confident of the investors , then we might see a rebound in sight ...
That is already a fact. There is nothing more to concern, their only hope is to hold it or buy more to average down the price . Unless for those who sold off at ex date with a relative profit.
really is time to buy some more ? lost of confidence to buy more. I hope to let go 17/10 but the price drop like crazy after dividend, even now drop further. Any internal news can share?
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....
Quan Fu Gan
21 posts
Posted by Quan Fu Gan > 2016-10-26 20:24 | Report Abuse
What happenned to Komark?? Keep dropping.