Those who wanna buy today probably never stay in 5 star hotel :D Better wait 0.25-0.275 or even lower, you can get it within this month. a lot of top 30 shareholders are busy selling this junk before more bad news coming.
Secure big project also useless, look at sapnrg, secure many billion projects yet price still drop, this will happen to Inta because the fundamental of the company is deteriorating, profit margin getting very low, debts getting higher, management keep telling lie n etc, all these are sign of rotten apple.
Not Easy = Bad profit margin, with poor management, project easily cost overrun, furthermore INTA balance sheet is weak, probably need to do private placement/right issue/bank borrowing which will eat up the profit margin even further.
Base on past 4 quarters profit margin, i would say this company will NOT perform at all, that explain why ppl are so desperately to sell even when secure projects. Since listed until today, whenever there is contract award, the price woll only up 1-3days, and back to square after few days.
today many will trap at 0.305/0.31, n they will be cutting loss in next few days, tats why i predict it will go below 0.30 very soon. n trade war will add salt on the wound.
'The contract to build bungalows and landed villas near the golf course in Forest City is worth over RM300 million in total, and will be divided into three packages, with each package being worth about RM100 million.
“Different packages may have different main contractors. We don’t know how many bidders there are, and we don’t want to speculate about our chances. But obviously, anyone who made a submission before the deadline stands a chance to win,” says Lim.
Inta Bina submitted a tender last month, and the outcome will be revealed mid-April, says Lim.'
Meaning the winner of Forest City already revealed at mid of april, now already 9 May, seem like Inta didnt management to get it.
'Pisanggoreng2 GDB volume 75k transaction only wo...' because not may ppl want to sell, not like INTA where too many top 30 shareholders are selling like no tomorrow.
Imagine if cytew use margin to buy, he probably kena margin call, this will add oil on fire and 0.25 may come even earlier than expected, maybe in this few days. All time new low is now 99% confirmed.
some stocks are holding well even without getting any contract, inta drop like mad with huge selling pressure despite awarded 2 biggest contracts in 2 months, what does that tell u ? Meaning the company is in big trouble, retailer c 2 contracts award n get excited but insider knows the company problem and taking chance to sell down heavily. Still don't get it ? even cytew also regret for buying now :D
Today above 25 doesn't mean tomorrow it will, and it is on the way to 0.25 or even lower, see to believe in this month, bad QR + trade war + top 30 shareholders exit = game over.
where is ur 108 army ? being killed n left few army only ? Cant even defend 0.30 :D Somemore ask ppl to buy at tat price on that day, wanna distribute your stocks to innocent newbie ?
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....
mastermarcus
831 posts
Posted by mastermarcus > 2019-05-08 21:31 | Report Abuse
I think tmr easily 0.320 and above.