the number in revenue and profit is not the point. Just look at the trend, the price is highish around 1.4xx with all good news blah blah and then out of the blue all sorts of negative news come out with the joke of the ICPS top the list. Then price tumble like no tomorrow to 0.8xx. Not fishy ya?
ou have to see what did they do in previous yr same qtr and this qtr. property companies no easy to maintain growing revenue. in this situation they still can manage to achieve higher profit is considered good already. but the share price reflects the future. now seems like investors not looking good on their future. Terra Project also no cancel. it is still in their plan.
Short selling supermax exactly opposite of yong tai qr. high revenue but low profit. yesterday drop 40 cent and today drop 30 cent despite bonus share and dividend.
Now short selling is the trend. Jus s ay qr not gud b4 qr out and add som rumours like project cancel, high debt and ceo sick then the share will fall.
since thursday market sentiment had turned bad. this morning looks like it continues. weak counter like yt also follow drop. dont cimply go in and catch. when market up it down. when market down, it down even further.
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....
HowAh
963 posts
Posted by HowAh > 2018-08-28 17:56 | Report Abuse
Where got cancel?