Chinaboleh,Creditablity and downwards price movements made the vast differences.Real and imitation or natural and plastic surgery,which will you desire?
Fam Jenny , you missed the point . What we are discussing is not about one particular stock i.e comcorp but the overall markets sentiments . This is just the tips of ice bergs . Even blue chips stocks with strong earnings and fundermental are not spared when world financial crisis is looming . I did not over reacted but never wrong to discuss what I felt necessarily towards one another .
Actually , Brexit might be an advantage to the small & mid size with lean manufacturers whom prepare to adopt the changing environment fast in short term.
The drastic drop is opportunities for many big players who have shorted the markets. The worst is over but European markets have many countries in shit so eventually they have to be ignored unless they can settle their problems themselves.
Whom familiar with Comcorp Biz geographical segment in North America and with their EMs Division sales denominated in USD, Comcorp is a beneficiary from Brexit.
Chinwell / Uchitec / Skp , has most geographical sales from Europe. Curious to see how they mitigate impact from Brexit. In short they are hit, they shall prevail with their strong management and product mixed .
COMCORP DENY THE Edge ARTICLE 'Warn of Slow Down In Production'
Refer to Bursa Malaysia Securities Berhad’s Letter of Query dated 24 June 2016, in relation to the above news article by The Edge Financial Daily, page 8 today, 24 June 2016, in particular the following statement:
“Comintel Corp Bhd, whose share price has had a roller-coaster ride recently, warns that the order volume for its manufacturing division will shrink amid the global economic slowdown.”
In relation thereto, the Company wishes to deny that no such statement was made by us.
The Company will make the necessary announcement to Bursa Malaysia Securities Berhad of any material information should it fall under the Main Market Listing Requirements..
More investors is going to feel the heat on Monday . Self arrogance couple with inflated egos and denials are the end looser when world and Asian markets slide further and tumble !
More people will sell their heavy weights stock to buy penny stock which is low and will not fall too much like DGB. But it will be the BEST time to pick up some cheap stock when panic sellers start selling on Monday. I am just waiting.
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....
Fam Jenny
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Posted by Fam Jenny > 2016-06-24 22:59 | Report Abuse
Chinaboleh,Creditablity and downwards price movements made the vast differences.Real and imitation or natural and plastic surgery,which will you desire?