Do you see high volume trading today? Big player not charity, they not going to hold the falling sword and make you profit OK! Support is breaked, wait for another low .. about rm0.345. We only fully participate when share price is rising but not break historical low.
A success investor must have cut loss in mind! Sell when the price break support, only buy back when correction! No body ask you to participate in dropping process!
dragonofdark, as stated in the just released Press Statement by Eversendai, along with the financial report, the loss incurred by the company was due to adjustment for "fair value of financial assets". It is common knowledge that this is due to the company's investment in TOGL. The company's press report also states that the profits during the quarter under review would otherwise have been RM 17 million, compared to the corresponding quarter last year profit of RM 14 million. The loss this quarter due to TOGL investment has already been largely factored in by the market and analysts.
However, dragonofdark, you have stated in your posting in this forum, among other dates, on 12/08/2016 as well as on 23/08/2016 that there will be an extra item (Big surprise), other than TOGL that will affect Eversendai's profits for the quarter. Now that the quarter report is out can you please point out what the extra item is, other than TOGL, that has contributed in a big way to the loss in the quarter, as claimed by you in your earlier posts?
Awaiting your response on your postings as mentioned above.. Dragonofdark, you may wish to note that it is an offence under the Malaysian Multimedia and Communications Act to spread false rumours through the internet.
look latest us news , both are benefits to sendai, - oil prices up and ringgit stronger sendai is a undervalued stock , ipo expensive , go up 1.00 maybe very hard but 0.70 still possible still a lot of contracts in hand when ringgit strong earn a lot of money then give good dividend please ?
As i said before, this is the last impairment loss from TOGL.
AK sudah terima kenyataan, move foward. Ada tambahan RM700 juta lagi kontrak baru, menjadikan jumlah kontrak baru lebih RM1.5B. AK juga sebut, tahun ini punya revenue sudah mencapai RM2B! Jika tiada impairment loss, sendai sudah untung dekat RM40 juta tahun ini.
Sendai betul betul undervalue. Saya jangka jika dapat status syariah kembali, akan beri kelebihan kepada sendai. My long term personal is TP. RM1.60 and maybe more.
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....
dragonofdark
299 posts
Posted by dragonofdark > 2016-08-24 15:36 | Report Abuse
dont sell at rm0.45? the next price you can sell is below rm0.4... believe me, i am good man :)