Bcmall have traded with very unreasonable big volumes.If have some so hai retailers "tak ada otak" shit dispose,others people will follow die with them.
Actually BCMall is a well managed company, but I really wonder why half the directors sold off all their shares. Up to now, its very quiet and no news as of any corporate actions.
Watch XInhwa 5267, looking good in this choppy market. Currently at support level. Hurry up!! Will close higher today !! After lunch will rocket.. Sharing is caring. Don't miss it
BCMALL is a healthcare/medical equipment and services company, also one of the major players in laundry services, unfortunately the recent venture into healthcare consumer products did not work out (with Foodict). But if you look at the reason for the failed venture, it is because Foodict not able to produce its audited 2019 financial statements within the stipulated timeline.
Estimate the upcoming quarter for Apr-Jun to be negatively impacted due to MCO which shuts down its laundry business, and also generally the healthcare/medical sector operating at reduced capacity. Expect some downside in short term, but is a very good time to collect more or average down.
Once Covid19 is over, all commercial business (especially hotels) will reopen hence momentum in the laundry sector should return on top of the additional outlets. Healthcare/medical would also improve due to the after-effect of the virus. The management's plans to further increase customer base and aggressive new business ventures also bold well for the company.
But the best part is this since its listing in 2016: company has met the Profit Track Record Requirements on 30 December 2018. This is why they now have to issue some of its share to Bumiputera investors to comply with Bursa requirements for newly listed company. Usually the indicative price (0.255) in the proposal is not far from the actual issue price, so you can see another big investor coming in around that price.
Happy to average down further as price drops in the short term. This is a counter that lets you sleep peacefully at night!
As low as 0.255,Closed 0.285.Like I said last day,drop trend continues today.Kasihannya small retailers.Hope them will fine next.. "Jia you Yo xiao ke ai men"!
Nothing to kasihan if this is not your all-in and is just extra money. Investor interested in penny stock should see this as an opportunity to collect. BCMALL has rallied also, hence the fall now.
I thought this vaccines issue will impact medical and glove only. But impact other sectors also. Why!??? Others will good because have vaccines. No good!? People no using brains to think!? OMG, this is Malaysia investment level.Guys can see foreign markets are good bz vaccines News.
Just hold, HC today's signal coming out, looking for next week..this week retrace...look at the historical chart u will know the trend...compared Tier 1, Tier 2 and Tier 3 HC stocks, u can estimate the date when it's come..enjoy guys.. Little tips here, Now trend lead by Harta, HC Tier 1, H.T.S.K retrace, tier 2 trend is coming...when Tier 2 retrace, bcmall coming..simple as that...that's we called market funds flowing..gd luck and see it next week thu/friday
Waiting directors to sell more so price will drop further and also due to the potential negative coming QR.
Once they ceased to be substantial holders, then it's time to add more. Hopefully by that time the new shareholder is coming in as well. May also see the directors buy back their shares.
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....
wallstreet777
150 posts
Posted by wallstreet777 > 2020-08-09 23:35 | Report Abuse
not only FA TS but MA with SA