Recent days this stock EURO has been chased too high up for no sound and good fundamental reasons A1. Earning per share(EPS)= 0.20 cents; PE ratio= 1325; Return of Equity (ROE) = 1.04 and Net tangible asset(NTA) only 0.192. Very poor financial performance except that the last two quarters they managed to return to the black. A2. The present stock price has overshoot its forward earnings potential and most highly probable in coming days the price need or will come down. A3.Take profits if you can and move to other stocks of beer fundamentals. A4.To know more peruse through the appended technical chart here - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7208&mode=1D
Outcome: at the present high price it cannot be sustainable.Needs to drop. Just to share the fair opinion.
Don't be caught in the money chasing frenzy.Know what you are buying.
Wonder why so many public investors were so fixated and attracted to such poor performing stock. The latest result only show profit at RM 490k. What a lowly performance for last quarter.No logical reason for the share to fetch such rich valuation at RM 2.70. Peruse through the result out today - https://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=7208&mode=1D
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....
imvu
7,888 posts
Posted by imvu > 2021-04-20 13:26 | Report Abuse
sedang tunggu rebound ..