It reaaalllyyyy busuk, that's why I dispose it, check my previous comment. Even in today's mkt up, last week market start to gain momentum, no upside move, it even make downside move in today mkt up 11 point. Somebody mention that it manage by the shady board, well seeing how it is going, it seems to be true. No wonder it's not fund management choice. The decision to dispose my holding was correct, I am make a trade in other counter, and still in my favour. If not my fund stuck here for a long time.
Everyone please calm down the emotion, think about it in business stand point, any rules of thumb said that with the free flow on the market price will it help the business in long run? think about it before answer
Free flow market price is good for business. For every business, there should be a reasonable profit margin. For businessman to invest RM100mil to build the layer farm, you cannot tell the businessman the profit margin is 3% per annum only. If like that, the businessman better put all his money into bank FD, why he want to waste his time, his brain, his experience to run the business to earn the 3%. So, with the free flow price, those player that not competence, not cost efficiency, will be quit the business, and those who smart, very good in running business, will earn a reasonable profit.
Management need self motivation to steer the company to greater success, explore new businesses. No excuses, can't get more businesses or low earnings can always explore overseas market mar. What is your objectives in listing? Upgrades yourself mar,only now u want to acquisition others smaller companies ar? People do it 20 30 years ago lar. Wake up lah, r u business people?
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bjgdila123
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Posted by bjgdila123 > 2023-07-20 20:52 | Report Abuse
ini byk jual telor busok ka.