A company with EY 30%, ROIC 40%, DY 8.3%, Cash per share 83/share. Growing cash flow over the last 5 years since the IPO. Mature biz with min capex for the on going biz. So what went wrong?
Hypothesis #1 : IB is force selling someone's account due to margin call. You know I know...
Hypothesis #2 : Market maker is speculating downward and accumulate at cheaper price knowing there are just too many retailers in this counter so that they can sell at higher price in anticipating a better result in Q2. If this is the case, the more you buy, the lower it go down.
Hypothesis #3 : The coming Q2 result is going to be very bad. Since IPO, company had never reported losses before moreover big fund will not sell down to escape but will likely speculate upward first to escape. Anyway nothing is impossible.
Above is just hypotheses, in less than 2 months time the true will be known. May the force with you for those who are die hard....
this is a good company with high DY, fong sai lang should be buying in now if he have no dementia lol, he probably in accumulating mode, koon yew ying margin call/decide to cash out = his shares change hand to fong sai lang,
yes lose money, he also scared to introduce next one, I dun understand, if he has the intention to keep for short period,why want to promote it in the first place
i think better to stay sidelined ... who knows where FL will land on Friday ... Look like old man margin call not finish yet ? ... controlled disposal also going on in VS ... wow
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....
cpng
1,575 posts
Posted by cpng > 2016-07-04 16:34 | Report Abuse
老koon强奸FLB后,就丢掉。