naim posted heavy losses,me no want lo.....prolexus no loss yet only 62cts.the most I can lose is 10cts but can make 20-30cts.....I buy and keep sure win for long term at this price
Last time Hengyuan also posted heavy loss that's why drop below RM 2.
Posted by apolloang > Feb 1, 2018 05:16 PM | Report Abuse naim posted heavy losses,me no want lo.....prolexus no loss yet only 62cts.the most I can lose is 10cts but can make 20-30cts.....I buy and keep sure win for long term at this price
Newbie, I already out of Naim after selling @1.42 on the last day of the window dressing. Though Naim is rich in asset, the property division is not doing well... Construction is losing money... Though the price now is very attractive compared to the asset and each share of Naim holds indirectly one share of Dayang, I prefer to wait...as no catalyst in the short term...
u see I kesian the retailers I sold hengyuan a blue chip and buy prolexus a penny stock not like EPF dumping penny stocks and support the rich by buying tenaga.....useless EPF
Dow future ady -600 points, expect another day of sell down tonight. Why not sell now and get in later at cheaper price? you want to hold loss making stock over Chinese New Year? pantang leh ... lol >.<
when the nervous speculators keep selling the shares at such a dirt cheap & undervalued price, the director and substantial shareholders are buying more from open market... read this:
@Dolly, everything requires context. Director buying 20 or 30k shares at RM0.60 a day is nothing...unless this trend persists for a very long time. Also, this guy is an independent director, unlikely to know much about the day to day running of the company and the company's true prospects. It's better to wait for buying in higher volumes, OR buying by multiple insiders, OR persistent buying over 2-3 months.
sorry to tell that director buying is not an indication for big fund to dump in money. Look at FITTER, director and company share buy back for years, and look at their share price.. keep creating new low. Why no big volume selling today? because they are waiting support to increase and only can sell! if they direct throw now, they not going to have good selling price and worsen their loss. Like someone mention in previous comment, next quarter report will REALLY REALLY BAD for PRLEXUS, just wait and see.
datuk calvin ur bonia now better or prolexus? haha....here many green only call people to chase and red tell people to sell........don't follow all the blady fools
as i have always mentioned. Prlexus, though the expansion plan in Vietnam has been put on hold, they are still a profitable company which is very much undervalued at this price.. some said their fabric mill project is too huge an investment, but I think the other way round. It is a good to to go with vertical integration and there are advantages to start big (for efficiency and higher profit margin gained in terms of economies of scale)... the real challenge for them is to ensure their excess is the fabric production can be sold to the market (that means there is demand for it)... i believe they have done good evaluation on that portion before they even started it...
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....
apolloang
18,163 posts
Posted by apolloang > 2018-02-01 17:16 | Report Abuse
naim posted heavy losses,me no want lo.....prolexus no loss yet only 62cts.the most I can lose is 10cts but can make 20-30cts.....I buy and keep sure win for long term at this price