Yes liquidity problem. So buy batch by batch. However, management has once mentioned that they may propose to split and give bonus in near future. This could have helped the liquility problem. This counter shares floating around 9% only in the market. 91% hold by major shareholders.
Bought this share at 2.03 when it is hot, hoping that this will have good revenue and profit. After collecting the dividend, the share is up. My guess is quite correct. A good counter to keep.
yes... keep buying. I bought from 2.05 till 2.18 still buy ... As it's less liquid, i collected 10-20lots each time... But, definitely will keep long considering its healthy financial position and good prospect...
1. Profit after tax of the Group has decreased by RM0.6 million to RM3.7 million as compared to the preceding quarter mainly due to higher foreign exchange losses incurred.
2. Board expects the Group to achieve positive results for the financial year ending 30 April 2017.
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....
Ckk2266
1,210 posts
Posted by Ckk2266 > 2016-06-06 10:51 | Report Abuse
Bought @ 2.00