Usually those insiders pushed up the price to escape as they knew well ahead of other investors that something bad is happening and many got trapped who followed and chased after . Poor for those who bought on contra and may suffer huge losses . Is always the reversed of it and l got trapped b4 . Is more advisable to sell when the stock moving up fast when the price has reached the peaked and overvalued
fayeTan got so many people trap and do not touch this counter now until the dust is settled. This counter used to be O?B favorite hot pick in early 2016 but then disappeared from his radar! I would only consider to invest if go below $1.90....decision is yours!
Blog: (fayeTan) - TECGUAN - Check this out for potential 70% upside !!!
Yes no doubt its a good potential company but high risk if buy above $2.00....no hurry to rush in to buy now even it looks attractive and tempting ...:-) careful with your money as you might get stuck for a long time!
wow, i didn't notice tecguan price has shot up so high.
unfortunately turns out I'm right again when I warned in one of the articles (not written by me) back in Oct that the counter may be worth RM2-RM2.20. the beauty and the ugly side of investing in such inconsistent company is that their performance will fluctuate wildly without explanation, so we shouldn't be too gung-ho in the projections and target price. stronger usd and cpo price should still be good for them in coming quarters but their inconsistent track record is a big turn off
anyway this type of company is good for traders and congratulations for those who has cashed out above RM2.50. fast in fast out, not for long term investing
Blog: Why Tecguan (RM1.87)? Significant improvement in profit after tax and revenue (palm oil company) Oct 10, 2016 01:40 AM | Report Abuse
the company is not very transparent. the commentary usually are as as well as no commentary. the past 2 quarters revenue has shot up, probably as a factor of both higher volume and CPO price. CPO price should not be too low for next quarter but volume is unknown since company does not really tell much.
btw, the company mainly sells crude palm kernel oil so I'm just talking on CPO price assuming kernel oil will track CPO price movement
stronger USD is good for the company. for the 6.3m profit last quarter, 1.4m is from forex gain. Oct USD may come off a bit but Aug-Oct USD overall should still remain relatively strong
IMO, the market price seems quite fully valued. based on the latest quarter, I think the fair price would be roughly RM2-2.20, not much upside left considering the risk as the company's track record was not very good. any earnings disappointment and you could be looking at a nasty selloff
price still below NA, but all estates were quite recently revalued so have been mostly priced in NA. 2000 acres plantation is considered very small plus average age at 14 is end prime and some may need replanting
This is so terrible, So many people trap and lost money here. these promoter promote then delete blog. how can do things like that? Some more say TP RM4? Come on man. Terrible. I am glad I never enter
fayetan need to be shot for conning so many retailers to go in to "BUY" when someone else are selling. And now he deleted his blog. That's not the way to con people to make money.....very bad karma for him
Lesson learned, when there were High hope anticipated with good rise (here is almost 32% from ($2.21-2.92 ),within 3 days from the highly expectation job from an article published in the same week.
小强 keep on wondering before he get into the coma.... : Today who are those who keep on buying n collecting tickets @this Slashed down price...!! And what are their final objective...?? ( About Rm 6,500,000 ).
Wrong assumption sometimes can lead one to suffer huge losses . To sell on strength with slight rebound is more advisable than to keep it for years to climb back to the price where you bought . Usually it will remained stagnant and quiet for a period of time after the heavy downturn as what we saw like dksh .
Don't be emotional....,as it will lead to impulse action !! The master-mind intentionally push the panic-button n causing the selling Tsunami !! 【 小强 still analysing n observing the up-coming scenario 】。Reminder ---- No impulse action !!
Tecguan slowly moving up again after oversold yesterday.. Its still good 3Q EPS is 7.47 sen for an oil palm counter with 40m. Well is it time to look at this counter again and start buying or continue selling???
Revenue increase by 2 folds but not the profit. Management sited drop in NP margin. Wondering why need to drop price when margin already very low of 3.23%. Normal transaction 5% is reasonable request, customers should understand that.
Chart showing down trend, should break 2 very soon.
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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....
zizshen
73 posts
Posted by zizshen > 2016-12-22 09:17 | Report Abuse
Today n Tmr will be a " unforgettable day " for the contra kaki ....!! A life time memory !! Keep calm n put the mental stability in order...!