If the company think the share price had been deeply undervalued, dont you think that the company should have do shares buy back when they do have this shares buy back mechanism around? If you notice your company share is low and it's current price would be a huge discount to it's exact value, Do you think that the directors would be that dumb not to buy in?
I'm trying to jump into this counter since last year, but somehow I didn't because every time after the company/director announce any "good"/"potential" positive news, eventually it never materialize.
It make me lose confident in this company when whatever we minor shareholders get is "EMPTY" promise over and over again.... It sounds like a "kangkung" counter to me....
My sincere wish to <<tshwong>> to attain GOOD FORTUNE, HAPPINESS, MOST IMPORTANT OF ALL, BRING LOTS OF GOOD HEALTH to you & your family. Thank you for your comments & deep insight on i3investor.
i thought tshwong already got sendai..so why happy when it moves under RM 1 and now asking for 80 cents? lol...this is not how a pro like tshwong should play..haha
Quite strange. EPF buy high but sell low. What sort of business is this??. On the positive side, if they sell 200,000 unit, price only come down 0.05 sen. So the share must be good
@maps, based on the technical charts, Sendai looks broken. "Maybe" it has reached its bottom. But it's hard to say because no one knows where the next support is. It's way off its 100, 50 and 20-day moving average. This is new territory, the counter is still searching for its support. Yeah, it certainly looks `cheap' but that's no guarantee investors will start buying. One positive aspect is that most sellers are already gone. I think it's better to wait and see - let there be some sort of strong support first.
@karipap, mind sharing your new strategy? I have one too: now I'm buying only those that appear to be on an upswing, even if they have "already gone up". OR those that appear to have found solid support and with a history of going up after that. Like AirAsia, although I need to see sustained interest first before going in. With Sendai, I'm just following...just looking and observing.
@thundercats, I wouldn't dare to say whether one should buy or not. But one discouraging thing about Sendai - it does look `limp', right? Slow slide, not much volume although it looks like it has found some sort of support. I don't know lah...maybe it's better to put your money elsewhere for the time being.
These are the more recent (2/12/2013) TPs by the investment bank analysts when Sendai was at 1.26 or so: 1.46 (RHB) 1.50 (Maybank) 1.28 (HLG) 1.17 (Alliance)
All are higher than the current price, and would-be investors might be encouraged, i.e. "there's significant upside". And these analysts surely had done some homework. BUT, as we have seen time and again with these counters, the market doesn't care what figures the analysts may compute. It may go up to these TPs but we don't know when that will be. At present, we don't even have a solid support level now that the technical charts are broken.
I think we should wait for some sort of catalyst that will make investors consider it again. Like an announcement about some project or some positive news. That should serve as an impetus for a possible rebound. For the moment, this counter is simply unattractive.
OVER PROMISE, UNDER DELIVER.... Thats the problem... where is the boss who claim it's share is undervalued?? haha... he should sapu all at this low price.. why wait? haha
Where is the RM2bn orders??
Maybe next Q result will be weak; that's why it might be press down further. unless more projects in...
richrich8- AK Nathan can says whatever he wants. Hahaha his share under valued? If yes, why keeps dropping? it will dropped further. don't sell now, it will dropped more.
facai- ak nathan syok sendiri? he himself don't even dare to look into his own share for the last 10 months shows that he himself don't have trust in his own company. Only sells portion of his shares if the price is right? If so good, how come EverSendai is dropping each day???
why doesn't AK just privatise this lousy counter and then re-list again instead of adopting the ostrich approach as Mike mentioned? good businessman but lousy stock market player?
Made money here before and am re-looking at this counter. Noticed that the last quarter sales figure drop and the profits took a dive. Was there a one off transaction? Any ínside 'on current quarter? If current quarter is good, stock looking cheap. But if still down, could stay at this level for some time. Any advice?
bought at 1.33 sold 1.49 ...10,000 units then bought again 1.33 sold 1.45 ....15,000 units lastly bought again 1.33 ....20,000 units...and now price is 0.97
shit!!! twice untung besar boleh tahan and now rugi besar besar tak boleh tahan :( ....still holding
86 cents? like anbz said must buy at this price...but how to buy when i'm scared and only have under RM10k?
if break 80 cents will cut loss...damn nathan!!!
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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....
dr_jogho
486 posts
Posted by dr_jogho > 2014-01-22 11:45 | Report Abuse
last month price targets by rhb rm1.46 and maybank rm1.50 but now no have a new price targets