Eg has been a greatly volatile traded recently. From its recent loe of $0.83 - $1.00 ; fast surge fast dive ??? Juz hope it will still stay above $0.93....or better be sure it can deliver a nice qtr results. May d monkey king be with us :)
Monday, 30 Nov 2015 So the fall............................no wonder!
6:03PM EG OTHERS 2:49PM EG EG - Trading Halt and Resumption of Trading 2:32PM EG 1Q net profit 5.038 million (decreased 33.35%) 1:05PM EG 1Q net profit 5.038 million (decreased 33.35%)
because too much contra player ....some chase the high price at 22th , they think EG going back 1.2.....who know market no good , hit their cut loss point......
Bad market sentiment.. KLCI also u turn from morning slight rally to end on lower. China and other markets down can be a cause of panic sell sentiment..
uncle say sell, u sell. Aunty say buy, u buy. Haha funny ppls. Ppls like this is the one losing money. Everytime buy must have set cutloss alrdy. Not cutloss when someone call for sell.
you guys should look at MCLEAN seriously. It's story is like EG. The reported earning is very good for a share that is selling at 22 sen.
very low single digit P/E ratio at the moment! Their new acquisition starts to contribute. Even if we assume all warrants are converted to mother share, EPS this quarter alone is 2.2 sen!
Maybe today Q.R out, wait after 2.30 pm got show or no. Even Q.R good , share price also no up very much. You can see Padini , Skpres, their Q.R very good but their share price also no up very much.
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....
ChasingDreamz
472 posts
Posted by ChasingDreamz > 2016-02-24 10:05 | Report Abuse
Panic sell in good company are always welcomed