this co. rolling 4 qtrs. eps -4c, 5 years -10c per share, yet net cash... good to u if u don't feel anything fishy, let alone the deep dive if so good :D
Please do not equate this company with Mainland Chinese-owned companies like XDL CSL CAB etc. This is a leader in its industry and many acclaimed awards and accolades over the years
Like many have said, just the cash alone is already 30 sen to a share and other assets at 32 sen to a share. If not for the failed goreng activities (don't know by which lousy syndicate), do you think you can buy in this company with this kind of beaten down pricing ?
Posted by saltedfish > Apr 28, 2014 11:27 PM | Report Abuse Total Shares Issued : 102.762m but at the close, there are another 6,542,700 shares queuing to sell at Limit Down price of RM 0.385. Based on the past one month's trading volume, my guess is there are another 18 to 20m shares to be force-sold tomorrow. Shall we see 20-23 sen tomorrow?
Saltedfish is pin-sharp to point out the volume to be force-sold and pricing. Today's lowest at 0.245 and the volume is more than 20m shares (a lot of intraday trades)
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....
tekken
797 posts
Posted by tekken > 2014-04-29 09:22 | Report Abuse
to consider buy at 25