Do some simple estimate yourself. the ave. growing rate since IPO is about 13% excluding FY 2015 which is extra high, and with this growing rate of 13% the earning for FY 2016 should fall within 20M + or - 10% , to buy, sell or hold you decide.
Invest1188...why u keep telling information which are useless now? If you really want to give true information...you should have given before the results were out..
3 months for you guys to digest the bad news and see the price going down ...=X my suggestion is sell now, buy back at 2 months later before next quarter report announcment if you are going to fight for qr..
this quarter report result even worst than last year same quarter when usd to rm is only between 3.5-3.6, 2016 jan to 2016 march usd to rm is 3.87-4.4. 2016 apr till now usd to rm is 3.87-4.08. US fed interest hike may come in at june meeting which is almost the end of coming quarter. will a better time to enter after next quarter report release?
It will be in sidewayss, i read market crash book yesterday recommended by kyy, strategy is self half when the news is bad, and another half wait for the price stabilize and dispose, this is very short term and unfortunate to have the same stock like him, it will affect small investor, i read another book recommended by koay yi chuan major holder in tguan, book title is winning investment of george soros and warrent buffet , it looks better and recommend for small Investor
If hv a choice, try not to buy same stock like xyy, if u buy u hv to dispose before he started to dispose, this is challenging as u dunno when he dispose
Today's syndicates & big speculators all mak hijau one...goreng 5-15% already run scared & lari already.
Gone are the Repco Low days when their counterparts of the go-go nineties ran stocks up from 1.89 to 23.00 ( Union Paper), 8.50 to 210.00 ( Jeram Kuantan) and 2.50 to 140.50( Repco) just to name three out of over 200 examples!
KYY is NOTHING compared to the big players of old!
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....
JayC
1,302 posts
Posted by JayC > 2016-05-23 16:25 | Report Abuse
anyone went to the AGM? can please give some details?