Newbieinshare, are you trap high? What is your TP for ecoworld? if you trap high, now can average down as the price very attractive. If you buy low, then just wait next QR, it should able to go back 0.7. If you looking at TP1.00 in shorterm, really need to depend operator to push up. Now market very slow for operator to push due to covid case on the rising trend.
Newbieinshare, 0.53 ok ar, very low. now 0.625, can start buy in more, next Q will jump back to 0.70 above. If u got no confident, can sell and buy other counters. But i believe Ecoworld very strong fundamentals, very hard to find similar counter with such fundamentals. Just keep longer abit, property will boom end this year and next year sure fly. Because big inflation is coming, all price will up and property price will sure fly.
Over a period of 1.5mth. Boss sold about 9mil share (0.3%) cost RM5.4mil only. Do you think this is big sum? This is so little and you all so worrying? This amount only enough to buy a banglo for unit ler, ecoworld big boss cash out such a small amount pun you all so scare. I rather take this opportunity to sapu more share. Fundamental for this company is superb strong. Opportunity not always waiting for you. Think again rationally guys.
A descending triangle pattern seemed to be forming nicely with support at 0.62, just hovering above EMA50. It is holds, expect a breakout from the descending line.
It's okay if it doesn't fall below 0.600. I have confidence in the company, but it would be better for shareholders to stop selling tickets, which can stop investors from panic
below 0.6 sapu la, why so scare? profitable and growing stronger with dividend. Believe it's brand ECOWORLD. at 0.6 with dividend 0.02 annually much better than FD interest. This share is not for goreng lor...if you expect up to RM1 in one month then you better go dataprep and dont come back here.
Why worry? During pandemic still make $$ and pay dividend. Ecoworld already showing their ability of value creation. They can turn land into gold. Which developer can compete?
And the current debt is only 2.5B, and the debt of 0.5B will be repaid in Q1 of 2021, and it is still the lowest debt in 5 years. Now is the time to generate income from the previously developed real estate
If hold for long term, this is the right counter. If want fast money, better chance counter. Even long also wont be very long cause already proven with track profit record. If drop just top up. If go up sell bit by bit. Play like this sure win. Down side risk very low with strong fundamentals. Why so worry of short term down?
Regardless of the reason, investors will panic when shareholders sell stocks for a long time. I hope that it can be stopped in May, so that more people can invest, and I will know next week.
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....
SunsetC
153 posts
Posted by SunsetC > 2021-04-20 08:41 | Report Abuse
that's why their management keep disposing the shares, if not how Lim Wee Chai buy their shares....hahaha
I feel something....haha