epf keep selling thats the main reason drop , but big boss of Mitra don't take any action to buy back his own shares to support his company.. he is more focus on business no trading
epf only got 5.4% but Mr Tan got 44% which 0.59 is the right issue price.. now only 0.43, it may drop further to 0.35- 0.38 if epf keep selling.. so far no any rebound or support shown.. nobody interest to buy at low price (scared will drop further), but people like to chase high ( scared miss the boat).. lol
where is the bottom.. 0.35, 0.3, 0.25, 0.2 or 0.1?? Director who holding 44% really dare to see their company's share price keep making new low everyday..and didn't do anything like share buy back aggressively like what ytl did.. this definitely will scare off the investors.. hence, it keep diving..
ppl subscribed at 0.59, but no dare to buy at 0.4.. ppl like chase high, scare will go down more and more.. lower and lower.. or stuck at " paper loss" for many years.. then capital loss
17000 lots of shares ready to sell at 0.39 at last 10 minutes, and there is no big buyer interested to buy.. must be EPF keep selling, announcement always delay.. ready to grab some at 0.35? if you still confident and no scare..
Sell get 40+ sen. If don't sell lower and lower by the day.
Posted by lohboonsen > Sep 19, 2018 05:26 PM | Report Abuse what EPF is doing? I think EPF at least lose 70% in this stock. This is how they invest.. sigh
@4iiii, yes, will top up more mitra if it drop to 0.35.. if i lose, director will lost most.. i believe Mr Tan average should be around 0.45 -0.5 after so many years.. And i don't use margin.
What is the good news about? No further order book, Price keep droping, a dead counter! The boss also no futher action after so many times disposal from kwsp. Disappointed!!!
these few weeks company is keep buying back share at 0.375 -0.39. who knows the company performance better than their own internally. That's a sign of undervalued for the current price.. . don't say bojio ya
20k only from this counter and i cut loss.. now i am back and hope for a better one this round. dont you feel undervalue? expected a short term rebound when market stablize..
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....
tzerteoh
110 posts
Posted by tzerteoh > 2018-09-07 12:27 | Report Abuse
Paper loss 53%, dont now wait until what time to gain back