From what I see, before this crash Teoseng attracted retailers twice. One is after their excellent QR out. Second is the buying spree the day before LH listed. Those who bought into these excitement havw lost money now. Certainly is a pre-planned operandi.
Once the panic selling and forced selling stop. Teoseng will find its own price equilibrium. If you invest for long term, there is nothing to panic over the steep loss in value over the last 3 trading days. Accumulate on weakness.
But before you can trust TeoSeng, you must trust Leong Hup first. Because TS & LH are too closely related in ownership. So I expect there will be conflict of interest in future. In short, LH's share price movement will have material impact on TeoSeng's in future. So TeoSeng's share price has practically lost independence. In fact it has lost it on the day LH listed..
actually whale do not eat shark, they only eat small fish and krills that they filter through a filter in their mouth. on the other hand, shark also doesn't eat ikan bilis (anchovies). shark eat smaller fish and seals. ikan bilis are eaten by bigger fish, but definitely not shark.
I watch a lot of discovery and netgeo...love documentaries about animals and nature...in stock market...small investors are called ikan bilis...bigger investors are sharks or crocs...those with funds stronger than sharks are whales lor...but killer whales can kill sharks too.
Many still think that it's the market sentiments and price will recover next quarter. Hope all the best for everyone. It's unbelievable that good QR but price went the opposite directions.
Why they did not paste this egg price oftenly before this counter share price dropped last week ? Of course, they had not sold out their shares at higher price. Now, they want to collect this counter shares at lower prices for next round play in the crocodile market . Am I right ?
Anyway, let us collect this counter shares at lower prices . Thanks
Kariwong, Thanks for your honest and cautionary information pasted before this share price dropped last week
Sharing the beneficial post to all the investors here is my pleasure. And some we can exchange more investment knowledge on the share market...
However, many people is questioning my accountability that thought want him/her to lose the money...
What l can said that when those guys awakened and realized my post is advisable, that time they already loss their money already and regret never take my reference as a pre-caution...
For currently , TS will not have a tremendous growth as all the market is knowing that the coming quarter will not be good as now...
So, for short term u are advised to be do your smart decision. Because low PE with higher EPS, still got many company in market...For example, u are recommend to MUDA. U can see from past 5 years results, the company is growing either on total revenue or total profit after tax...
For long term ( l don't whether u are from short term become long term due to share price falling or not), u might be ready to accept you have at least 3-6 month , or wait for rebound then exit it...
one day trader hng33 had been trapped deep. This trader didn't keep average down or cut loss. btw.rarely see the drop of a stock like that with not-too-bad result. two maybes. 1. The insider know the next quarter is going to be in deep red..so dump the share as much to buy back later. 2. Some manipulators flushed out the margin players.
either 1, this teoseng is not going to perform near term. forget about it. The most terrible thing in stock trading is not the big ups or big downs...is the stock stagnant at the price. this will lock much capital in it.
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....
VenFx
14,784 posts
Posted by VenFx > 2019-05-19 15:47 | Report Abuse
Always check for Egg & Chicken market selling price at by 1 quatter ahead
In Poultry & Layer Counters trade.