i LIKE TO THANK ALL FORUMERS FOR CONTRIBUTING TO THE PROBABLE REASONS WHY AJIYA HAS BEEN ACTIVE AND ITS PRICE IS GETTING HIGHER SINCE 2 WEEKS AGO, ESPECIALLY KUCIMIAO. I THOUGHT RM3.50 IS THE TARGET BUT NOW IVAN2222 SUGGESTED RM3.80. WHAT ABOUT OTHERS? DO YOU THINK RM4.00 WILL BE PEAKED?
YOU BOUGHT AJIYA AT RM1.00. PLUS SO MANY YEARS OF 6 CENTS DIVIDENDS YOU COST IS NOW REDUCED TO ONLY 50 CENTS. SO AT RM3.30 YOU HAVE MADE A WHOPPING 600% ON AJIYA.
CONGRATULATIONS TO MG THE MACHINE THAT GUNNED DOWN AJIYA.
MG9231 IS THE NUMBER ONE FAITHFUL DISCIPLE OF DR NEOH SOON KEAN. LAST TIME MORE THAN 20 YEARS AGO HE CUT OUT DR NEOH‘ WEEKLY ARTICLE ON INVESTMENT FROM THE MALAY MAIL.
WE HAVE PROVEN THAT VALUE INVESTORS WILL THE ULTIMATE WINNER OVER A LONG PERIOD.
Wah! I know him personally! Really if you walk on street you won't know he is billionaire next door....my highest salute to him! He is really a guru, he deserve my highest respect
Some corporate exercise are looming. Ajiya just sold one assets for hefty profits. Many more to come. Definitely better result is in the card. TP: No comment.
agree that ajiya is fundemantally strong. However to break the TP of 3.5 or 4.00 it really depends on overall KLSE market condition. If Malaysia and emerging asia market is relatively flat maybe still have some potential upside. But if some news like US rate hikes delayed again which causes negative market sentiment , although it does not affect Ajiya in any sense, Ajiya will face resistant for price to continue go up.
But my view is just on the short term prospects. If you have patience to hold for another 1 year then probably don't have to worry and just hold.
Ajiya is definitely the stock to look up to. Some corporate exercises are looming. Alternatively, Ajiya coming quarter results must be good. Insiders are busy buying up the shares in the open market. RM3.50 - RM4.00 is not difficult to achieve if only we are patient to wait for the forthcoming published results.
sell if it hits 3.4++ increase prior to earnings release, otherwise sell very soon after earnings. Because after that price will just pleateau or drop gradually if no significant institutional investors collecting.
This counter has been so quite for more that 15 years. Never revalued their assets since listing. Actual NTA could be higher than reported if there is a revaluation. Secondly, I believe yesterday's news (as reported in some newspaper) regarding PRIMA Housing may benefit building material supplier such as Ajiya.
Next Friday 23rd Oct is Ajiya 25th Anniversary Celebration.....Many were invited to the gala dinner. Wonder would they make any sweet announcement then….
I guess quarterly result is around that time too. Someone asked me would they reward long time investor. I guess they might. What is in the perks could be related to the price hike. I have scanned through list of the shareholders and apparently 87.65% are in the hands of long term shareholder who has not changed position for many many years + the 5.2% bought by the Yeoman this brings the shareholding to 92.8%.
This leaves the floating shares relatively extremely small for a company with on 69 million shares.
Sure lah Ajiya will fly with supersonic speed as according to Kucimiao, it has been slept for last 15 years, it just wake up now must have full of energy.
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....
gnail
343 posts
Posted by gnail > 2015-10-05 11:49 | Report Abuse
anyway we wait and see loh