Fat,The share price keeps falling down, but you are the one saying its going to go up but never goes up, the noise is correct and you are wrong. Aren't you the stupid one? LOL
Dont know who is stupid investor bu now.. $$$ r belong to u is up to u also. I will wait below 0.05c than consider to buy or not. Every 1/2 a cent a day very fast will below 0.05c. Just one day show or day trading only, those make profit already run...
I guess the proposal of 4-1 shares consolidation by the company is to gain larger shareholders, say institutional investor's confidence because most of the big players wouldn't want to invest in penny stocks with price below a certain price, say RM 0.30, also note that market value will remain unchanged after consolidation. On a side note, the proposal of diversifying their business into duty and tax free shop could theoretically boost the firm's future net earnings by 25%. By combining these 2 proposals, bigger players would want to join the game by chipping in big money and negative emotions of small investors may be elicited. As for now, I think people are worrying about the uncertainty of the stock's price after consolidation and therefore selling down pressure could be strong. If you were to ask me, I personally opine that the selling pressure is just a temporary retracement and once the consolidation is done, big fish will perhaps join the game due to brighter business prospect and stock price could possibly adjusted to higher level, hopefully twofold. Another rationale behind the consolidation could be HWGB wants to limit penny investors to goreng their stocks rather, they want reduce to reduce overall liquidity and attract big fishes to goreng it and boost their stock's price. All of these are just my personal assumptions, you guys don't have to take it too personally/seriously :)
This is useless stock lah. Dufry is here for business, and they need a partner. That's it. Even HWGB is not the major shareholders for the DFS in Genting. Big retail like this, they don't care about losing or earning, if losing they will think as advertisement fees only. (Look at those big brand names like LV, Prada...and etc, do you think they earn $$$$ in Malaysia?)
On the other hand, HWGB needs this to create positive cash flow. Reports are showing Chinese is buying less compare to previously. Don't give high hope on this. Invest in other stocks better.
How to make RM 800k turn to RM 550k? Listen to Fatwealth :)
fatwealthprofit The selling is just noise, usually by stupid investors. Do they understand the business or potential earnings, nor corporate exercise.... Well, noise is still noise, soon or later, the share price will reflect fundamental. Therefore, it MUST GOES UP. 15/11/2017 14:44
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....
zurich80
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Posted by zurich80 > 2017-11-15 17:08 | Report Abuse
Fat,The share price keeps falling down, but you are the one saying its going to go up but never goes up, the noise is correct and you are wrong.
Aren't you the stupid one? LOL