Rumour they will get a project to be injected to the company looking at target price auric at rm1.00 and warrant.0.70 to .80 cent. Very good support at 63 cent level but once break 70 cent with volume will run .
up with no vol whereas klse down.........u decide.Keep...its undervalue . As 8310 says, they hv a new project, price will surge ! Guarantee surge if project brings profit. Now,they are joblesss !!
yes over 70 cts.. 10 pct upsides base on the trend. Our KLSE index keeps dropping ..1824 ...must catch up fast ........Do u think index will surpass 2000 pts by this year ??
As I told u before, sell first and go to others counters. I made profit from systech, genetec, scomnet etc. There is still time to out from here and will come back here. We do not when it be materialised. May be not less 5han three month.
EGM set in early December... At the very least there is now some light at the end of the tunnel... Trading pattern will look very different henceforth... Worthy of monitoring from hereon...
Dude, if Abric is able to dispose their biz, they will distirbute RM0.30 special div and then become a cash company, holding lots of cash (ard RM0.60-RM0.70 per share)...thus, yr TA may not be applicable here (on the gap up)
don't forget the conversion WB to mother share will be adding extra cash fund about RM 0.14-0.15 to mother share.we expected 99'/, WB will be converted soon!
Proposal 30 cents as a special dividend means company got lot of cash in Abric.I do believe its just 30% going to pay off from its cash bank.I means many of us undervalue this counter so far!
Wud take the 30% dividend and keep holding the stocks....potential upside at the horizons. The mgt team appears very professional vis-a-vis SBC Corp (financial crooks)....
Abric is my hedging against bullish trend.would be loss kaw-kaw if invest other share in current market condition.look forward 30cent div and then decide next course of action.ex div cash eps 55 cent.at current price of 60 cent exdiv price should be 30 cent.30cent vs 55 cent is quite safe margin of safety.
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....
8310
109 posts
Posted by 8310 > 2014-11-04 18:54 | Report Abuse
Insider buying on 31st Oct and 3rd nov