Yes, Big shareholders were selling a certain amount of shares but compared shares that they bought in these 2 months, the amount that they sold were not even 5% ....
In other hand, if i'm the boss of the company, why would i pay dividend to those who come in for short term? Maybe the purpose of pressing the stock price is just to cause panic to those who want to goreng ? Which idiot boss will press their own company price unless they are planning to private it....
Do remember there's no company share price will keep on going up, if there's we might need to beware of it .... A small amount of dropping might be preparing for a higher uptrend bounce...
Welcome to have some discussion, personal view might always contain flaw :)
Hello..... Focus Lumber Fans Club ... How everythings ?? Ada yang sakit jantung ??
Stay tuned ....relax lorrr....drop 10 cents , drop 20 cents biasa laaa.... As long as not going back to 1 ringgit hihihihi....itu time ball pun boleh hilang ..
Trust this counter based on FA .... Nothing to worry , this's not goreng Stock
Drop a bit no need to cut lorrrr....hope fully next week can rebound
In this kind of market, better buy dividend counter such as 7202 cscenic, as a 98%+ are exported overseas (US alone is about 80%), export goods mostly wooden frame, higher margin as at 17%. At 1.25, it is just a matter of time for it to perform if this RM rate is so low. It gonna declare 4c interim dividend end of this month (same time last yr price shoot to 1.43) plus another 4c or higher for final. Buy now before it's too late!
I think foreign investors are disposing their investment in Malaysia, everyone hate this NJB...this is going to be an on going blood rain till this fellow step down...but looking at the situation now, no any sign of stepping down...sigh
With the weakening Ringgit against USD, no doubt this stock will outperform. Extracts from Annual Report 2014 Chairman’s statement below:
“The overall improvement in the financial performance was mainly due to the weakening of Ringgit against USD which favours our export sale and the result of a better production yield.”
“Though the increasing cost of production has pressured the Group’s performance during the FY2014, however the Group managed to achieve growth in its earnings mainly benefitting from the strengthening of the USD against the Ringgit and the increasing demand for plywood from the US market.”
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....
Yi Jin
67 posts
Posted by Yi Jin > 2015-08-06 16:03 | Report Abuse
Maybe i'm too positive with it ...
Yes, Big shareholders were selling a certain amount of shares but compared shares that they bought in these 2 months, the amount that they sold were not even 5% ....
In other hand, if i'm the boss of the company, why would i pay dividend to those who come in for short term? Maybe the purpose of pressing the stock price is just to cause panic to those who want to goreng ? Which idiot boss will press their own company price unless they are planning to private it....
Do remember there's no company share price will keep on going up, if there's we might need to beware of it .... A small amount of dropping might be preparing for a higher uptrend bounce...
Welcome to have some discussion, personal view might always contain flaw :)