Although it is fair for you to say that the loss of 80% profit will make 0.55 a fair price, you also need to consider that the impact of idling facilities.
If you continue to hold them, you will need to pay quite a sum of maintenance fees and taxes.
If you sell those facilities, it will be hard for you when it comes to fulfilling new customer sources and orders.
The period until June 2022 will be the crucial period to see how good the management team in ATA IMS is. To see whether they can recover most of the loss in revenue sources.
It appears that the operator collected substantial amount between Dec 8 and Dec 24 and have been dumping since.
May well drop below 50 cents.
Foker Buy at 49 cts, sell at 60 cts. If Purebollocks start spamming, then dont buy. Whenever Purebollocks spam, it is bad sign because he represents the tailend traders who usually get flushed out at the end of the cycle. 18/01/2022 2:36 PM
alenac Don't be fooled, promoters are everywhere? Generally, these are people caught at a high price with few thousand lots. So comments here to promote your buying. Later they will abandon the same username and set up a new one. It will go on and on.
Posted by Apple2353 > Jan 17, 2022 9:40 AM | Report Abuse
Everyday also you say good news coming.. Mana ada news? what is the good news? mind to share with us here? 17/01/2022 9:50 AM
There's only good news for Ataims, all bad news have been reflected on the share price. 0.5x is the previous gap down price and owner 's buying price, do you think it will drop lower than that and forcing margin call for the owner?
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....
newguy0801
1,616 posts
Posted by newguy0801 > 2022-01-18 14:30 | Report Abuse
Hi, vpn388. Here's just my humble opinion.
Although it is fair for you to say that the loss of 80% profit will make 0.55 a fair price, you also need to consider that the impact of idling facilities.
If you continue to hold them, you will need to pay quite a sum of maintenance fees and taxes.
If you sell those facilities, it will be hard for you when it comes to fulfilling new customer sources and orders.
The period until June 2022 will be the crucial period to see how good the management team in ATA IMS is. To see whether they can recover most of the loss in revenue sources.