B4 lst Qtr result came out.. share price drop fast and alot..guess there is insider knew the bad result so sold off with large volume.. but why this time no early sell off b4 result come out?
The loading will increase in 2H 2016 and new sensor products will also be launched in 2H 2016. The subsequent Q3 and Q4 will see better result. This info can be easily found in the "Prospects" of recent quarterly report. So, why sell now ?
@Gusen Yup, I'm tempted to test the water too. Basic technical principle says "Buy strength, not weakness" because Cheap can always become Cheaper. I may be looking for trouble here but I'm going to take a small position nonetheless. 3.00 *should* be strong support. If not, will just take the small loss.
@Mat, below or 3 is good position, but i am afraid hard to catch the bottom, and the chances give a way. sometime must act fast, anyway, it may be worth patient a while to get bottom.
It's almost impossible to catch the very bottom. Whenever we do manage that, it's mostly because of luck. Just have to guess and take a position (or not) at some point. But it's also prudent to decide on a cut-loss point. Don't want to have capital stuck in a counter that gets lower slowly.
to be honest Gtronic eps is low at the moments, if every quarter with eps 1-3 cents, the fair value is around RM2 only. apple PE ratio only around 10, but gtronic now is around 20, not good.
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....
yeohhh
2,406 posts
Posted by yeohhh > 2016-07-26 19:20 | Report Abuse
NEWBIE92. You can either choose to average down at 2 ltr or cut loss. The choice is in yr hand