But the problem with the disappointed results might dragged the price to go lowered . Could it be since today when I bought , l take no notice about the coming QR result and someone only posted after when I already buy in . ...
Coming results should be in green. He saw the price trend n made a conclusion that coming results is bad one. No, he shouldn't conclude like that, let us see the results first.
Don't describe dragon like that :O. Dragon is now good person ..lol
Anyway, correction 'seems like' will end here, kdj oversold and today going up to intercept (rebound signal). Big player wash out all those uncertain retailers this morning. But please bear in mind quarter report result, bad result may cause price further down; excellent result will help a lot on price hike.
Like i said, there is always opportunities when a crisis happens. Happy invest and take your own risk.
Welcome Dragon, I take your advice n sold some at 0.64. But I bot back too early at 0.55...Transformed Dragon actually can help especially in technical analysis...
QoQ improve alot.. EVERSENDAI’S HISTORIC RM2.7 BILLION ORDER BOOK KUALA LUMPUR, November 30, 2016 – Eversendai achieved a historic RM2.7 billion order book as at 30 September 2016 as well as secured RM1.8 billion worth of new contracts to-date with the possibility to exceed the RM2 billion threshold before the end of the year.
This quarter net profit margin close to 2%. Even lower than the 3+% for the last 2 Financial Year. Makes me wonder if they have been winning contracts by bidding low prices. Let's take this as a worst case scenario, 2 billion sales with 2% margin gives a EPS of 0.05. With a P/E of 10, share price is RM0.50 but if P/E of 12 share price of RM0.60. I think the stock is fairly valued at current price.
Revenue from Rm471,477 drop to RM371,361 . This doesn't not apply to Fong Siling Golden Rules : Growing !!! Too bad for those trapped above 0.60 Cent, it will never go back to that price
Nowadays certain shares counter fare badly in their QR financial reports , but share price go up and certain stocks with better earnings and some with 4 folds profits remained flat or slight dropped . Not to name a few awc , benalec , and besides others .
Good observation Michael. Recently I bot in Pesona n Digistar after they announced not very good results. Newbie don't know how the big player operate one la.. announcement good results they buy, announcement of bad results they sell... everyone think the same way how can they emerge as winner la..
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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....
moneykj
6,141 posts
Posted by moneykj > 2016-11-28 22:58 | Report Abuse
This is stock of the year for 2017. Even bot at 0.65 also no problem...