I think it is just over reacting...some traders trying to push it down only to pick up at lower price and make money. the price should pick up in next few days... similar to IFCAMSC last time...
Might goes below 1.70 as no booster this time, their retail sales as usual dropping, export still too early to talk about it, new project for from corner still.
For the last 5 years this is the only 2nd time it hit >10m in share volume, is very unusual...as always the history will repeat itself, so looking at chart trend is not advisable to jump in so early to prove your braveness...
Recommendation We cut Signature’s target price to RM3.16/share (from RM3.30) based on unchanged 10x FY16 EPS. However, we reiterate our buy recommendation given the current favourable property trend with increasing supply of upmarket properties, which bodes well for Signature’s future earnings
grab??.....u gotta be kidding....OTB followers still haven't finish unloading to you....remember the EPS slashed by 26%....OTB LOVERS got loads and loads of lorry to sell to you tomoro..this one all crash and burn..
I did make a passing comment that this stock seemed 'slow' to me, just a few days back ... But I did not for once reckon that it was gonna go this bad ...
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....
DJTrader
28 posts
Posted by DJTrader > 2015-11-24 14:49 | Report Abuse
fundamental is still intact..new projects coming will definitely improve the revenue for the next quarter result