I have to express my sincere apologies to all of you by given false Target Price this round. I just sold all mine share. I'm not saying that the QR no good, just abit below expectation. The unbilled sale were reduced to unhealthy level, I'm not happy with that, not sure how Ideal can continues sustain it profit while new project still in low sale rate.
Yes la, everyone shouldn't buy egg counter now because it is not cheap anymore....but someone probably dun know what is teoseng's price now and the price half year ago.....lol
Wow, so should I congratulate someone? I also have fews hidden gems too ah....not like someone who always selling his analysis report in his dream, and the true is the report only exist in his dream, lol
Hi all... just from my observation of Ideal's chart, it is still above its 50 day and 100 day ema. I suspect that this stock will be traded sideways for a while as long as the 20, 50 and 100 day ema lines do not cross over and head downwards. For now it still doesn't look too bad, as this week is probably a retracing week from the good performances from last 2 weeks. Market sentiment still looks positive from KLCI's ema chart. Ideal's recent earnings report although short of ideal, it is comparatively well as many others in the same sector are in red. I like this stock because it has a nice ROE, NAPS and PNAPS value. At the current price of around 1.20, it is still considered undervalued. This is only my own finding, please do not quote me on it and please do not make this your decision making statement. I'm just sharing my views. I'm not an expert either, just a wannabe :) Have a nice day.
Thanks the reds. And star cam is back. Thanks for your sharing. I also thought the QR wasn’t bad at all.
My thoughts are that, the unbilled sales dropped from 760m to 660m over a quarter so it wasn’t really bad like what spygame spread. That’s why there’s injection of assets.
By the way, does anyone know more details about the shares buyback?
I’m just very curious about One Foresta. I thought it was completed by mid-Jan on their website. Q3 report shows 91% completion, Q4 shows only 93% completion. So between 1st Jan to mid-Jan, they managed to complete the remaining 7% but over the quarter they only managed to progress 2%?
Anyway this means there is guaranteed 7% completion of One Foresta in the next QR, and the effort can be channeled to the other 2 developments to speed up the completion. Is the boss saving up bullets for later?
I was never gone :) Just staying quiet... trading my stock and minding my own business :) Best thing is to do your own study... I just come in and see what the sentiments are... lol.
I look purely at charts and fundamentals. To me anything else is noise. Of course buying/selling sentiments are important, and that is what the charts really are. For me, I look at EMA and Bollinger charts only. Want to keep it simple. Study fundamentals to support buy/hold call. But like I said, I'm no expert, just learning here and there and applying what I learn. Hardest part to learn is to cut-loss, but its also most important.
Your previous double top call was very Chun. I have been doing my own homework but there’s so much that I do not know. There’re many questions I would like to ask but the forum is filled with spam. =\
Is anyone going to attend the EGM on 27 March? I wonder if anyone will question Alex Ooi about the fairness of his proposal to acquire his other property companies that might cause a dilution of profit.
I hope I'm right again this time about Ideal going sideways for the time being. So far I have made at least 5 to 6 rounds. Not always making a lot, sometimes 10-15%, but a few times lucky enough to catch a big one. Best was last August when it hit limit up, and I had just bought in 2 weeks before base purely on chart and fundamentals. Check out the fundamentals, although I wouldn't depend my life on it, but together with a little chart study, I think it should minimize risks.
Good for you. My story is very different from yours. I bought too late after the Q2 QR and a little too much.
I’m just a little sad that KLSE is highly manipulated and heavily traded with insider information. Alex Ooi holds the bulk of the shares, it wouldn’t make sense to not try to maximize the value over time.
Asset acquisition I can understand, PP I can understand, share split also I can understand. But a proposed share buy back after share split...? Share split and share buy-back to eventually push the share price to where he wants?
My longest EMA line is 50. Support at 1.215. Now it’s standing at 1.21. Sigh. Not reversal of trend yet but not handsome either.
Well... it ain't too bad if you consider the climate of KLCI right now. Yes it is highly manipulated and yes there's too much insider information. But I never trade on insider information. Chart never lie, as it will show you what the market sentiment is. On my chart i have 20, 50 and 100 set up as well as bollinger chart to help with quicker view of sentiments. But all this will mean nothing to me if the fundamentals aren't there. Ideal's fundamentals are still pretty good imho. If you are already holding some, probably can hold on for the time being, but if you're looking to buy, maybe like Anoymm says, hold your cash and wait for the right signal to go in. Take a look at other stocks in KLCI, not many has healthy charts as well as 'ok' or better fundamentals. Ideal is certainly part of the those that have. Again, this is only my own views, not expert :)
Haha... Hardly a professional. I'm not... just learn a bit chart reading and fundamentals so that I don't buy blindly. Just a simpleton who wants to make some money.
I agree with you starcam. It’s just that I hope the liquidity could be better. This company seems to have potential but it still hasn’t been realized after sometime. Perhaps when the dust settles (a current view of the profitability of the acquired companies and completion of the PP/ share split / buy-back) it would be better. I just like to have the option to buy/sell easily. I’m not really worried about this company, it seems healthy and can expand a lot. I’m just worried about the global market as it is.
"They probably will adjust the exercise price after share split", Yes thats what I think too. I have read the circular which also says they will be issuing the additional warrants, but its not a split like the mother stock. So warrant holders will not get new warrants. Does it mean current warrant price will be reduced? If that's the case, current warrant holders will lose out.
When complete? Everyone can ask mighty god 小陈 a.k.a spygame a.k.a vader1001 a.k.a vioss13.... as I said earlier, 小陈 has a huge ego and will be back very soon to answer all your questions.... lol
Everyone, pls don't sell any single share at this level. Pls help to hold the price. If the price fail to sustain above RM1.20 the it will probably freefall to below RM1.03.
Hi starcam, it doesn’t look good today. Falling with volume. Though I’m grateful for the guy who is supporting at 1.20-1.21. 2,250 lots traded at that price range. Hopefully that support holds.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
The_Reds
2,025 posts
Posted by The_Reds > 2019-02-27 15:10 | Report Abuse
spygame u no tired ah?? log in log out different accounts so many times