even though QR is good , if the company kept all the money for ceo and directors big fat pay , and a lot of trade receivable then it is useless to chase these shares without dividend pay out due to tight cash flow..those that got caught above 45 still not out of the wood if had taken some more shares below 40 surely eager to get out above 46.. In the nut shell easy way is downward movement .. RUN .. and reenter below 35 and join FA till early 2016 ..perhaps with some goodie ki ki ki
No no no.... now everyone is waiting to see the result, because no one can forecast this type of company can continue to deliver profit or not (no comparison for this company).
If the company can deliver another set of good result, it will increase investor confidence, as well as fund manager confidence. Then investor will start believe this company can invest in this company.
at this juncture TA has left ,or side line, contra players no way near it, only left FA players averaging , accumulate some more if got bullets, headwind coming to add to the jitter about the general trend of overall market for the next 6 months, unless the QR result is really good with resumption of dividend pay out ..... the game is going to be slow and mundane or it could be another spurt for everbody to get out ..beware!!
when the buying toppish and the next least resistant direction is south ...catch the falling knife .. bet on the good news next week..you may get a little play and bonus then ciao....ki ki ki
FA selling to test the support under general prevailing condition of overall market, this is shown in the increasing volume done . The emotional players will cut lost and exited , those with more bullets will keep buying to average loses, the professional still holding the cash . Sharks are hibernating and will only nibble when the volume trade around four figures or less perday.
^ That's the million dollar question. It depends on how much you bought and what price, how long you are willing to wait and can, or will this business expand profitably?
sorry to say the signal is .. damn selling .. who want to put money to invest.. investment means getting dividend , capital pay out etc.. the game is TA .. buy low selling high ..or selling high (now) then buy low later and scramble with the sharks etc on the way up to obtain profit.. by the look of it it may takes a few months to recover ki ki ki
If you read the QR carefully, you will see that actually the result is not bad, the lower profit is caused by a Loss in the investment holding segment, instead of their normal operation.
In other word, if we remove this loss of investment holding, then the actual operation profit in this quarter is still very good!
frankly not easy to make profit when the price keep dropping unless your are schrewd players who want to maintain shareholding by selling now and buying back at lower price later and pocket the profit, for newbie entry now will get instantaneous burn deep cut by the faling knife, cos no dividend in sight for keeping it..let give time and sentiment to determine the the bottom as this counter is basically not too bad , profit still there eventhough meagre, growth ? lack of it. all in all will play this counter again when the dust settle ki ki ki
People laughed at me when I said it would drop to around .35 we are nearly there. I was going to enter around that price, however, after reviewing the QR, AWC business and considering market sentiment, I am staying away.
now is the best time to enter and accumulate this jewel, whoever is selling s doing it for desperate things ..like covering for losses from other counters, meeting payment due etc .. folk with cash can slowly build up your position ,, sharks are collecting now ki kiki. low volume ..time to buy ..
Overall penny stocks are still lacklustres and a buy called to average down for many who bought the price at 0.44cts -0.45 cts is still not advisable . A buy called is suitable for those those who never get stuck and more so trade at ur own risk since the price has went down from a high of almost 0.55 cts quite recently ! Not necessarily to follow other opinions in buying stocks and most importantly , monitor the trend that decide and count ! Thnks !
time to nibble and collect bit by bit and hold ok chum ..no worries about rm depriceation , in singapore get paid sgd dollar . the rest of business all paid by govt dept. guaranteed payment
Debtors are govt departments . Office take long time to submit claim. Then the verification n adjustment s then the payment procedure . Not to worry it is not ballooning . It does affect the cash flow to the extend it has to borrow , sit tight the ride will slowly build up octane gas ki ki ki
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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....
somchik
1,238 posts
Posted by somchik > 2015-05-19 23:50 | Report Abuse
even though QR is good , if the company kept all the money for ceo and directors big fat pay , and a lot of trade receivable then it is useless to chase these shares without dividend pay out due to tight cash flow..those that got caught above 45 still not out of the wood if had taken some more shares below 40 surely eager to get out above 46.. In the nut shell easy way is downward movement .. RUN .. and reenter below 35 and join FA till early 2016 ..perhaps with some goodie ki ki ki