I think the price is very attractive now. By average, KWAP is selling some only because KWAP bought 10 million shares on 29/Jun (which pushed up the price), and nobody made a fuss. 20-30 millions transactions this few days, KWAP only 3-4 millions this month. KWAP is still the 2nd largest shareholder, last AR, 135 million shares.
its just a product issue not like MRCB, IWC, Myeg or Gkent they more worse its national issue 1MDB, the Mgt know how to settle it doesn't involved Govt just support this company...
KWAP being substantial (bought 10m shares) their disposal is way lowwwwwww KWAP never disposed all Other institutional never disposed all Pushing down so biggie can masuk before good qtr results so shooting afterwards.
Everyone already expected not a good result for this quarter. Isn't it? But the hope is there, new contract and the good fundamental as the factor that keep skp safe
this quarter almost same as previous quarter. But this result is expected. Should not be problems for the current share price. PE 13 now. should be comfortable.
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....
shpg22
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Posted by shpg22 > 2018-08-23 15:31 | Report Abuse
RUNNNNN