@winPLUSwin, you should have worry because the price getting lower and lower. you will never know when is the lowest point until the stock price reverse to uptrend. On the end of Oct, it looks like the stock has bottom out. Then it goes lower again on the mid of Nov, again the stock drop further on the 22nd of Dec 2017. It rebound a lil bit then further drop until 0.39 yesterday. All the rebound is just dead cat bounce, i will only enter if i found the chart show double or triple bottom that really reflect it found the support.
it is not smart to sell at bottom. In fact, you should plan to enter at bottom price. How you detect bottom? What is the IPO price? compare the volume for these week with past 3 months. What is the key take away from the recent EGM ? somehing like buyback?
I hope this questions ring the bell to smart investor.
When it drop from 0.65, ppl keep say those selloff is stupid and only know to complain. But look 4 month back, those are the clever investor. Nobody will want to invest in downtrend stock. Nobody will know how low it will go. For the 4 month duration, you can invest on other counter and earn it instead of paper losing 4 month straight in this counter.
@Miloprince, I totally agreed. It is totally a waste of time, sell off the loser as soon as possible and held the winner as long as possible. That's the correct way to make big money in stock market. Too often people held on the loser for long time and sell the winner too soon. They eventually lose more than the win. By buying into other stock in the last four months could yield a pretty decent return. =D
IPO price is 0.54 = 0.385 after bonus issue. If the price drop below than that, the king no worry, the taikam worry. That is the capital price, now 0.42 is very close to it and if you understand the fundamental of the company, especially how they position the strategy for 2018, you will know this is the best time to collect.
@sincere_analyst---- U should resign as a analyst.. all ur analysis is like toilet paper. Good for wipe ass. My prediction is F**KPack will tapau very soon. Management aredy sapu the cream earlier on purchase of Monkey Stencil Com.
@joeylee2013--- I see u did alot of research on FoundPac,,How much did u loose?? We all lost alot after they buy DSSB. Can u comment what will be the future of this FoundPack,,, will they pack up and sleap.
this company still earning compare to other company.... share is like that one , all control by owner up or down.... big fish eat small fish.... do u think this share will drop until 30cents? haha
Today aredy break the 0.40 mark,, My prediction is this company no future la. will keep on loosing ,, down down bcos stupid directors so fast start want to curi money by buying Monkey DSSB,, Aiyahh we not stupid la. We all can see after buy this Lau Saih DSSB in Sept share keep dropping like Lau Saih. Better run away,, very smelly F##KPACK
it is good to wash out low quality investor. Smart investor can take time to source fund and continue to collect this counter. Let the smart investor to have sufficient time to collect and let others to help to push the price once the collection come to an end.
whenever it is close to 0.385 IPO price, it will rebounce. Capital price. Those who sell at this point, is not smart. High volume these two weeks, is a sign of bottom.
To rebounce back the company MUST have solid management team and fundamentals, The directors of Foundpack has FOUND fast money by getting back door listed and they aredy want to PACK up and run. Buying a 16.5 Million Monkey Company is a very clear indication that they were LOOTING.. that Monkey DSSB is Lau Saihh company only worth 2-3 Million. They reported profit only 1.5 million. Lau Saih aredy
Bear in mind anything below 0.385 all shareholder will have paper loss. There is where the the capital price of major shareholder located.
Yesterday both 0.40 and 0.395 has around ~5 millions of units (around 1% share traded) and do your research how many % they plan to buy back? what is the purpose of the formation of FPC ?
Best ever time to do planning at anything below 0.40 if it strike the level again.
Notice of ceasing to be substantial holder - ANDREW SU MENG KIT on 16-Jan-2018. Notice of ceasing to be substantial holder - ACME SKY SDN. BHD. on 16-Jan-2018. NO more Juicy Meat to suck.. so run away aredy,, small fish suck bones. Both these Suckers are Crony of F**KPack Management,, Insider traders. @sincere_analyst is a big fan of these shady deals. Maybe he got Khang Tau.
I have been reminding here that 0.385 is the capital price. The big lot shareholder will not want to press the price below than 0.385. The bottom of the stock is the starting of the bull trend. Plan your collection wisely as it may soon surge.
@sincer analyst - even drop below 0.385 the big shareholder for example founder of the company wont even have paperloss, what makes you think their cost is at 0.385? it is their company, basically it has very low cost, perhaps the par value 0.1 is their cost.
I don't understand one logic, OnG counter surge up to $19, everyone jump in, drop to $16, $15, $14, $13, everyone continue to chase, $12 then cut loss. This counter we knew capital price is 0.385, now 0.39 or 0.395, but everyone chicken out and let "someone" continue to collect without your knowledge. Only the dumb dumb analyst like me will love this counter.
@sincere_analyst,, this counter is kacang putih stok for small investor la,, loose 5 sen aredy lao saih.. But this counter initially has good footing,, many of us follow closely,, then the biggest mistake they make is buy monkey company DSSB use listing funds,This was a clear indication some monkey business deal happening la.. be smart la,, thats is when many loose confidence. Where got that Monkey Company worth 16,5 million???? Common sense la,profit 1.5 million per year, give them 5 year profit factor= 7.5 million at 100% F**KPack take 75% should be about 5.625million ONLY. Directors all curi balance la, got 5 pencuri director,, each get about 2million Bonus la.Now u Analyse how to earn to pay back the loot into the company. My predition this counter now worth 0.20 ONLY.. DELISTED by APRIL.
PETALING JAYA: Precision engineering parts fabricator and supplier FoundPac Group Bhd has proposed to acquire a 75% stake in laser stencil company Dynamic Stencil Sdn Bhd (DSSB) for a total cash consideration of RM16.5mil.
The proposed acquisition of DSSB comes with a profit guarantee of not less than the aggregated guaranteed profits of RM9mil over a period of two years.
This means that the proposed acquisition is expected to be earnings-accretive and shall contribute positively to the future earnings of FoundPac, going forward.
In a Bursa Malaysia filing yesterday, FoundPac said the proposed acquisition would be funded via internally-generated funds and will be a 75%-owned subsidiary of the company upon completion of the transaction.
“Concurrently, FoundPac may also cross-sell its products to DSSB customers.
“The group’s long-term growth plan includes growing its semiconductor business, as well as expanding its business portfolio into other viable and income-generating businesses,” said FoundPac.
The group also believes that the additional revenue contribution from DSSB will also provide FoundPac with an additional stream of earnings, which is expected to enhance the group’s profitability and returns on shareholders’ funds.
“Leveraging on DSSB’s good track record for the past three years and the aggregate guaranteed profits made for the guarantee period of two years, the board is optimistic that the prospects for the coming years would be positive,” added FoundPac.
As of May 31, 2017, DSSB’s net profit amounted to RM1.9mil and the company had net assets of RM5.02mil.
The proposed acquisition is expected to be completed by the fourth quarter of 2017.
@airbus380... ok la ,,As of May 31, 2017, DSSB’s net profit amounted to RM1.9mil and the company had net assets of RM5.02mil. so 1.9 million per year pay 16,5 million wah wahh fatt fatt to the bank lo. Directors sapu how much??? company had net assets of RM5.02mil--- ha ha check how much Bank Loan laa..
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....
airbus380
394 posts
Posted by airbus380 > 2018-01-09 14:32 | Report Abuse
Yes, lucky no cut loss..........