dompeilee DOW down nearly 1000 points! Habis!!! 29/10/2020 7:56 AM
I don't need to tok kok so much here...predicted a Crash since early September & now I'm heavily & comfortably in high cash levels, selling every day profitably non-stop since July 29th.
Monday this stock will start going up now since global market stabilized, was hoping it to dive below RM2 so I can start collecting back again. lol. Anyway congrats to those who caught some today, should make 10% easily short term.
Crude oil price is coming down again so is naptha I would have expected it to go down to 1.80 soon after the QTR 3 result was announced but this time around seems to be a little different I think there are people out there still think it is a good stock to add amist the current environment of low crude oil price therefore I will still buy on any further weakness coz if you look around other than gloves stocks and some tech stocks there are not many stocks you really can put your momey down withour the risk of losing 30 of your capital. This is my honest opinion
Dividend & next qtrly result a long way away...likely to drift(lower) deep into November, esp with all the uncertainly & important elections. Time value of $$$ =)
Koreans cannot be trusted. Its CEO gives nice press statement after 2nd and 3rd Q results out. But only talk but see no good results. Play too much golf in beautiful courses in JB.
Classic example of no free sharing in this world. You have to take care yourself, no free lunch in this world. But what is worth more to loss than your trustworthiness completely tarnish..
Let open hand toward sky Pray n ask from HIM conman will get payments on what they were do They will pay hospitals bill for his mother.. son ..grandchildren due to strokes n paralyzed
Why does LCT share price defy investors pessismitic sentiment? The answer lies in the fundamental evaluation notably in computing the sustainable earnings. For one, LCT is not making a loss. For 2 consecutive qtrs now, LCT hv posted net profits (averaging RM80 mil) but however below investors expectation. Quarter 4 are expected to post net profit but an a sligtly larger amount than Q2 & Q3. At the same time, it has cumulative cash position of RM4 billion or abt RM1.70 per share as the base with little risk of it burning the cash because LCT is profitable operationally on its own. A sustainable earnings of lets say RM100 mil every qtr wld translate to annualised EPS of 17 sen. Applying a PE of gives you an intrinsic price of RM1.70. So plus the cash per share, RM3.40 being the intrinsic value is not a suprise for as long as LCT sustains its profitability and as conditions continue to improve as exhibited by its results and expected results. So not surprising the resilience of LCT share price at current levels.
jackson88 I have been queing up to buy at 2.05 but didn't get any so far I hope really hope it can fall bellow 2.10 next week but I think many smart investors do not share CIMB view tats why the price keep on rising !
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....
dompeilee
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Posted by dompeilee > 2020-10-30 15:38 | Report Abuse
dompeilee DOW down nearly 1000 points! Habis!!!
29/10/2020 7:56 AM
I don't need to tok kok so much here...predicted a Crash since early September & now I'm heavily & comfortably in high cash levels, selling every day profitably non-stop since July 29th.