I was wondering what kind of stocks Calvin is already promoting and looking at.
Looking at this CARIMIN, I can't tell the future 5 years from now, the quality of the performance or the future of a manpower supply business. Maybe will change, maybe will not. Past results since 2014 is pretty bad. Past performance does not guarantee future results.
But I can guarantee ONE thing: looking at their cash balance, their debt and loans and their gearing, and of course their industry, banks will not be willing to give out big loans. So only 1 option.
Share dilution via release of treasury shares, private placement, sale of warrants etc.
This one I can guarantee within 5 years.
Especially if results come up, and everybody exuberant to buy more Curry mee
I forgot i read from where la. They say a company's share price cannot remain undervalued for long because it will be susceptible to hostile takeover. That's why the business owner will make sure the share price is at fair value. That is why share buyback comes to play. Let's say Nestle is trading at RM10 with the same amount of earnings made and the same scale of operation, it would've been taken over by someone else already. So if someone launch a takeover for Carimin at 80 cents, RM1 or RM1.50, will you accept it?
Hi hi... All sifu teach us that to buy the stock when people is fear. I saw many fear face on Carimin. All declared sold except paperplane and uncle... I decides to tambah to be in the list no. 3 holding Carimin. I hope I am right! This is not a buy call but if you buy to help me rich. I will thank you and your family good health and prosperity of year 2019.
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....
Lukesharewalker
6,535 posts
Posted by Lukesharewalker > 2019-01-10 11:55 | Report Abuse
believe? suckers getting sucked in now