Actually I am quite worry about the quarterly report which will announce within this few days. Let's said if the report is good, why the price is still drop? (because got people sell lol) Unless got insider news said sell due to bad report, make sense? If let's said big fish is collecting (to push down the price),I think they collect long time already since the price is stagnant for long time, why they don't let the price up le? That is why I am wondering, it is a bad report? Just my 2 cents. Thank you.
Just take opportunity to accumulate some lots at RM0.695 & RM0.70, this counter is still stagnant compare with other counters. From previous experience with AZRB, within 1 year there is 1~2 opportunity for me to gain some pocket money from this counter ( i expect in Q4).
to me azrb is in the collection mode.. i have tested few times in and out since last year...and today prove my earlier test i.e close <70sen in down trend mode...
what is wrong ah? fundamental sounds good.. have projects.. price going south and no u turn (or too small) and now no div.. this counter really test ppl patients..
guys like i have already said. we should not be expecting a dividend. Paying a dividend right after raising capital through rights issue does not make sense. A company pays dividend if it has surplus cash with no good use of it. The company raised the capital to fund it's operations given that it has so many projects. Here is an analogy:
You have a project that will cost you 100 mil and will give you 500 mil. In your bank you have 90 mil. You raise 50 mil to help fund the project and also make sure you have enough money in the company to pay any other expenses. Total you have is 140 mil to fund a 100 mil project. Would you pay 40 mil dividend when you just raised 50 mil from the same shareholders? They might as well have just raised 10 mil instead of raising capital first then pay dividends.
...normally project will take 1.5 to 2 years to complete, ekve to complete by 2017..so while the azrb still cheep buy n keep for at least another 1.5 years...by 2017/18 (near pru 14) azrb could explode to rm1.5 to rm2....???
The ways some of you are posting and urging and waiting impatiently for the price to go up as fast as possible so that you can unload is itself enough to make big bro thinks twice to push...
What do you think?? Big money at stake..................................................... not just here, everywhere, careful that you HP may be bugged............................... Edward S
Mr K who have made you bought into and now stuck in tuajaya is not just reading the posts he blogs too
Look at the big bro here as the more ruthless, more bad ass, more mean, more greedy, more want to take your money away version of Mr K... and you get what I mean
I believe following will be a positive factors for AZRB price to move up : 1. Receive of RM79.6mil for the arbitration case of AFU Project in Saudi which ordered by ICC on Jul'13 2. Start positive contribution or at least breakeven from plantation sector. 3. More projects from construction and contribution from EKVE 4. More good news from O&G service sector
ok, make a wish every day.. we all will be very happy :) Happy End of Work and Happy Weekend and those Muslims, Selamat Berpuasa! Hope Ahmad will give duit raya soon.... we all are waiting! :)
not so soon..may be ang pow for coming CNY because currently based on the weekly (as well as daily)chart, azrb is still intect trapped in bear cycle...hehe
5c0160, dont ask why as you will not get answer. Liangchai is praying hard everyday.. to buy cheap... it is not deeply undervalued yet.. but still under the sea :(
You spinning d. I say already limit down. I bought kawkaw d. I say limit down = can not go down d. can go up only. simple English also not understanding
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....
ccs999
674 posts
Posted by ccs999 > 2014-06-26 16:28 | Report Abuse
Actually I am quite worry about the quarterly report which will announce within this few days.
Let's said if the report is good, why the price is still drop? (because got people sell lol) Unless got insider news said sell due to bad report, make sense?
If let's said big fish is collecting (to push down the price),I think they collect long time already since the price is stagnant for long time, why they don't let the price up le?
That is why I am wondering, it is a bad report? Just my 2 cents. Thank you.