Can YiStock shed some light on this counter as Icap has downgrade its current target price to 2.50 which is unreasonable and below valuation . Some other research houses have placed a higher tp of 4 ++ onwards . What about the Q3 results roughly ? Maybe there's some conflict of interests by certain research house to push down the share price to collect cheaply . Thnks !
TGuan is undergoing a strong persistent correction for over weeks. Any insiders' information as to why TGuan is subjected to such strong beating. Since there is no directors' selling due to absence of filing to Bursa Malaysia, can we assume that the coming quarter result is bad or poor?
Hi Michael Wong, sorry for being very "politely" rude that I don't read Icap's material. I find their speculative timing / advice seriously not worth a penny.
I think very simple rule, you are partner with Tguan to do business, not Icap. You must treat Tguan quarter report and bosses comment seriously. Back to the root of investment.
As for Icap..sigh...i also pity their shareholders.
Posted by michaelwong > Oct 6, 2016 08:06 PM | Report Abuse
Can YiStock shed some light on this counter as Icap has downgrade its current target price to 2.50 which is unreasonable and below valuation . Some other research houses have placed a higher tp of 4 ++ onwards . What about the Q3 results roughly ? Maybe there's some conflict of interests by certain research house to push down the share price to collect cheaply . Thnks !
hi chankp7010, i do have 1 or 2 valid "worry" when Q2 result announced. However, the "worry" has been factored into the price correction i believe and i need to wait till Nov to verify it.
It is fair to worry when share price keep coming down and nothing seems go wrong. When things are not clear, the best is go back to fundamental of the company. And, DO NOTHING.
Do not forget, the boss say 20% better revenue expected for 2nd half.
Posted by chankp7010 > Oct 7, 2016 09:33 AM | Report Abuse
May be icon8888, YiStock, Harryt30, KC Chong can enlighten us
Too many red flags...indiscriminant selling...persistant downtrend..director selling..revenue hardly up...eventhough ringgit weakening..tons of money spent on capex...doesnt look good fellas...dropping hard under RM4 which is a major support level
company say wanna be largest producer in SEA, market cap 1b..bla bla bla...promise the moon and the stars..but then why the MD wanna sell his shares?? KYY also very smart..surely he take profit already
Very likely MD knew well Q3 financial results is no better than previously . But those have the resources and couraged can start to pick some when some are fearful .
PER 7 times, trading at NTA, profit more than double, margin double, massive capex, sky high targets,...but director selling and share price decline in 17 out of past 20 days...gem or value trap? Time will tell
you say buy when people are fearful..big discount..haha what makes you so sure you are smarter than them? people sell for a reason..same when people buy..there has to be a reason
Early movers calling themselves 'value investors' and the MD and working with TheEdge to drive up the price, now unloading to you clueless suckers la...when there are signs its coming down, the 'sifu' comes out to defend the counter...
No one can ever be impartial anymore, especially when one has provided a service
If you haven't visited Holland yet, you can give it a try. Just be cautious when you visit Keukenhof with Mr. Directors, beautiful green garden before disposing 1.2 millions of red paint of red paints on your face. Alternatively, buying a Note 7 can give similar experiences, nice on appearance and in paper before blowing you up.
Probably due to conversion of its ICULS of 52mil shares, which might bring its shares outstanding to around 158mil shares. At current prices, its PE is around 11, which is much lower than SLP and BP Plastic. So its still cheap :)
Jeff Lee, no faham sarcasm kah? Drop to RM 3 or 2? I had 59k shares on Tguan that is all bought above RM4 when I originally only had 10k on it. While I constaly top up to slow the drop below, looks like someone elses had other plan. Everything happening right now are thanks to Mr. Directors father and son disposing huge amounts of shares, it doesn't help that the news come out exactly after the shares have a fresh turnaround.
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....
yktay1
464 posts
Posted by yktay1 > 2016-10-06 11:01 | Report Abuse
haha chl, please don't go against me again..remember shh and flbhd?? my shorting skills are unbeatable