Honestly, I am very pissed with Hwatai. Why in the hey day, the stupid me share with friend to buy at RM 30. It never go up again and went all way down, I was brave to cut the losses, sold at around RM 16. 1000 share that mean a lost of 14k. I did buy back years later and really hope it can go. I doubt it will go old day high. Just hope it can go.
Hwatai even @ this price mkt cap is only 25 mil v 71 mil turnover. AHB the cipalak furniture co. turnover only 2 mil per qtr but mkt cap is DOUBLE @ 51 mil!
FOURTH +VE quarter in a row, on a +15% rise in turnover! I guess the MCO is helping sales as ppl are encouraged to stay home & grow fat on biscuits! =)
finally sold all price around 0.360-0.370 from 5/11/2020-27/11/2020 keep 2 years + if safe money in bank interest more than i gain zzzzz now find other stock to play
You don't have patience don't have to be a wet blanket. I waited 29 months for Jetson to rise after I bought it & today I sold it off. The longest I ever held a stock before selling is PNEPCB : 17 years between 2003 & 2020.
Nobody can predict whether a stock will go up & how many have bought at the bottom or close to the bottom before?
In actual fact, the munchy bosses are the original bosses of hwa tai. Hwa tai was goreng until above rm200/share before the co was sold to the present management. The ex bosses of hwa tai then set up munchy after selling all their shares in hwa tai.
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....
dompeilee
11,887 posts
Posted by dompeilee > 2020-10-26 09:08 | Report Abuse
Watch Paragon =))