Don't think can go below 2. Q2 results expected not so good. But 2nd of the year is very good as per company announcement. Investing in stocks market is based on future earnings and not current results.
Lockdown n mco again ! All tech stocks n bank stocks n tourism sure drop kaw kaw tomorrow before long holiday ! Because after holiday maybe more drop !
Wow ! All the fxxxxxx over goreng over value tech stocks will drop back to their actual value not more than rm 3 some even not more than 1.50 or rm 1 !!!
Even pre covid also more than rm2. With higher earnings on digitalisation of this decade, surely earnings will be higher. Anything below rm2 is a steal. If u can stomach the near term volatility.
Based on past 3 years earnings company managed to get something 30-35mil pat. PE 15-20. Decent price for tech stock. If the prospect is good, current price if very good entry.
These ppl when price at low they will aim lower, but when price move high they will happily chase it. And some will stop saying proven I am excellent Gooseshit
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....
SHQuah
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Posted by SHQuah > 2021-05-08 14:14 | Report Abuse
Don't think can go below 2. Q2 results expected not so good. But 2nd of the year is very good as per company announcement. Investing in stocks market is based on future earnings and not current results.