fry up the share price high , then lock u in , thereafter press it down to force u sell back to them at lower price . in return hantam u all kao kao if u sell. share price press down but shareholding still the same. why not ? in return got $ . this is good business.
More and more big scandals will be floating on the table and investors already lost confidence to invest here.we have to face big selldown by foreign funds in days to come.
teoseng this stock is not allowed for short selling. so the sell down is the real sell down not just temporarily sell buy sell buy, it is meaning of exit of fund by local fund, they are exiting the investment in teoseng. few reason can be: 1) market sentimental are low, retailer quit fund, they are forced to took profit in teoseng regardless of price. Not fund manager money, they will just slowly sell until able to repay all the retailer money. 2) they are assuming teoseng coming quarter report will be out of expectation/bad due to egg price decrease/cost price increase/supply>demand.
of course not short selling. and, foreign holding is very low, i checked before i buy. local fund holding also less than20%. comparing other poultry, teoseng business concept is actually simple and good to me, and at this price, pe at 8, is considered cheap. of course, cheap can be cheaper until the unwanted bad earning in future to increase the pe.
syndicate play do not like thw shares tha have above 51% hold by owner.
now, is either both the family are selling or felda is selling their holsing to 0.
no..local fund is selling also..20% consider a lot of already..even you 1 day throw 0.5% also can drop 10 cents already, because no body want to buy the 0.5% stock that you are selling.... the price will only be stable back when they local fund stop selling or some other new fund/big investor/family felt the price is cheap and want to collect.
owner doesn't come out to support share as they already hold more than 50% and have full control of company, they will just focus on management and business running of the company, share price is just an indicator, as long their company still there, they no need care of it.
if you do some research, you will know that egg price has dropped significantly, and corn price has increased back...both of these factor affect/impact significantly to their egg profit...some more they are increasing the production of egg, and sg open the restriction rule causing supply>demand...
all these might caused their profit dropped gao gao, and maybe they are starting making loss for every egg selling...that might be the explanation of recent price big dropped..
local fund manager know all of these analysis, they are doing forecasting of the price also, so if they see something, surely they will exit this investment, and earn less better than earn nth..
for teoseng family, they are long term in this business, they wouldn't care much of share price as current share price is still triple of last year price...their company value has increased so much..why they want to come out manipulate the price which might caused court trouble to them?
last time Singapore restrict/ban some farm egg from entering singapore. but last week news, singapore already confirmed their egg are ok, all open back...hence supply to singapore has been increasing 30%...
I m still holding lot this counter...will continue to buy as I don't believe poultry counter will just die like that...just takes time only. worth to buy at current price. anyone here are buying?
let me tell u guys something .. don't be greedy when you earned, don't give any hopes when it's drop. just throw ! or else u will regret. i tell u .. this counter will drop probably below 1.00 .. no chance to go up now
aiyor...this is not call warrant la...no expiry date....wont become worthless paper, want to cut loss then cut, want to keep then keep and take div and wait until it back to prev price...is the matter about holding power only..so buy a company which pay div is very important.
aiya, when u see your portfolio keep decreasing day by day, without a day of rebound, the emotional kick in. by the way, just cut loss if around 1.20 for me.
only who collect after bonus issue lost money....all other investors who bought before bonus issue are still earning big from this counter, that's the reason they can afford sell it now, just earn less.. same goes to felda and other local fund... yea, if you can hold, still got chance, wait for corn price drop again...But i just couldn't believe why so many retailer like to buy after bonus issue, when price already rise for 2-3 fold they only go in....please do some homework bro, dont just follow those stupid buy call from bank and other some chase high forumer like kongsenger.
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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....
skyu
2,497 posts
Posted by skyu > 2015-07-08 08:45 | Report Abuse
another day to slaughter my holdings ? speechless.