only they continue support the price above current price level else many investors will feel cheated and stay away for good like many counters already got hit badly.
which family as hanhan's mentioned ? agreed Hanhan too, "no hope liao" .Previous CIMB "forecast" is totally a speculative activities.Share split in 2014 is a trap dilute the value of stock.They lost investors confident in the sense of stock price and consumer brand. Too conservative design and lack of innovative design product. Unless, profit gain from oversea market Vietnam?indo?as beneficial from export. Are they got any factory in Malaysia?
I believe not much people willing to "invest" on a luxury brand that allowing speculative on their stock.a wise Investor is look growth n long term biz sustainability. Not play like kids that "cheated" your be-trusted investors. The top management properly have to reconcile investors trust on this counter.
I don't think so. Many rich china, asian willing to buy from bonia on luxury brand. Hence Bonia will come up up. As you can see Bonia directors keep buying since Nov 2014. My two cents..
I hv 10000 shares of it at avg cost $1 each since their directors are buying back. Dir keep buying back does not mean it is undervalue, or reason of buying this counter. It would be smoke screen. I found the most important is profit growth rate. Not consider to accumulate at current price (12x PE) since there is low dividend given and overall poor market mood. Cash is king and slowly bottom fish. m2c.
PS: invest a little bit as attracted by their Sonia bag.
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....
hanhan07
162 posts
Posted by hanhan07 > 2015-04-17 15:32 | Report Abuse
u all know which "family" i m talk about, not mention name here