Revenue & profit have been going downtrend for continuous 2 quarters... & demand for their products continue to decrease... does not look good for Comcorp in immediate future
luckylee, it's more wise to protect your capital given the weak sentiment in here. downward risk over recover are higher... unless there is catalyst released . R1 @ 0.930 S1 @ 0.830 S2 @ 0.780 ( bottom )
This company is not performing at all. The result will not be any better next quarter. Collected so many shares last month. Time to cut lost. Made a big mistake with this counter. sigh!
Even with high USD last qtr, which is supposed to be an advantage to Comcorp, their revenue & profit were deteriorating... shows how bad the demand for their products have become... & it is getting worse.
My trading strategy for this counter is awaiting new catalyst that may happen in 2nd Quarter of FY18 (April to July period). I guess the symptom will surface in 2 weeks before Q2 announcement date which will happen 3rd or 4th week of Sep as to provide fresh leads for all traders.
So, be patient with the market if you do not have extra $$$ resources for time being. I always believe in $$$ management is the upmost important for small trader like myself. Spend wisely.
isaham website indicates fair value is 1.45. Hmmm...
Comcorp management admitted results will be worse with volatile energy prices, which is what we are seeing now... seems qtr results & share value will be even worse in coming quarters... going down further.
If comcorp management still have no effective answer to arrest business decline, as already proven for last 2 quarters, results will continue to get much worse... more pain to come...
i wrongly believed this sifu (O) again, he totally have no idea about the financial result of this comcorp and told his subscriber to add more, paid subscription fee to get uncertain/gambling information/tips, always said he asked others to do analysis for him...his analysis is just rubbish...wtf
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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....
leslieroycarter
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Posted by leslieroycarter > 2017-06-24 10:04 | Report Abuse
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