there would be minimal impact if company's borrowings and raw materials are not quoted in foreign currency. what should we do when weak player panic selling something irrationally?
market is bad, not cold eye con, please brush up your own skills and stop depending on other people, cold eye has his track record, he dont need to con you to make money
SuperLaber, if you check on the latest 2016 annual report, ColdEye is no longer the substantial shareholder... i think he is smart... he sold off his shares before it dropped... perhaps he has some insider's news before he sold... but it is indeed sarcastic that he still promoted this share in his last talk although he sold off the shares already... so you can't blame manji to think that way... I do not think ColdEye wants to cheat the small investors (he is rich enough so I don't think he wants to do that)... but I also don't understand why he promoted this share, but on the other hand, sold off the shares... anyone can explain?
Dolly_Chai. in fact coldeye is never a substantial shareholder (shares of 5% or above). he did mention he will stop buying a company when he reach 4.99% threshold to prevent becoming a substantial shareholder which need to be reported for some company.
secondly cold eye is no longer a top 30 largest shareholder since the past 2 AR, not only in the latest AR. he is last seen in 2014 AR, NOT in 2015 and 2016 AR.
so is coldeye a top 30 largest shareholder is no longer an issue or we can say its a grandma story.
his shareholding in 2014 as listed is 800,000 shares. but you go check how much the 30th largest shareholder's held in the latest AR.
nope as i check back. its 2014 which is previous 2 AR. not the past and the most recent AR. he might be reducing his stake when the price is >RM2 to take profit. he did mention in his new book that if the share you holding P/E rise 2X or more while you did not take profit, its greediness. but if the share price rise together with EPS, and therefore same P/E, then its ok.
Noah, since coldeye is not a substantial shareholder, if he is buying/ accumulating currently, none of us will know whether he is top 30 shareholders until the 2017 AR being released, as long as he didnt trigger the 5% threshold
SuperLaber: Yup, we can never know. But he did reduce his stake, since in 2014 AR he having 800,000 shares. in 2015 AR his name is no longer in the list, while the 30th largest shareholder has less than 800,000 shares. So indeed he did reduce his stake during that period. whether he buy back or whatever is just a wild guess by the public.
prolexus major consumer is Nike and Nike have reported significant jump in its latest q12017 result.
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2017 financial results for its first quarter ended August 31, 2016. Strong global demand drove double-digit currency-neutral revenue growth internationally in the first quarter and six percent revenue growth in North America.....
Futures Orders
As of August 31, 2016, worldwide futures orders for NIKE Brand athletic footwear and apparel scheduled for delivery from September 2016 through January 2017 totaled $12.3 billion, 5 percent higher than orders reported for the same period last year, and 7 percent higher on a currency-neutral basis....
We recently looked into this stock due to its resilient growth. Our traders also notice similar seller is reducing stake in the stock and recent price pressure has nothing to do with the fundamentals. Thus, we're buying at this sales price.
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SuperLaber
127 posts
Posted by SuperLaber > 2016-12-06 12:34 | Report Abuse
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