good to learn what's the support level now, be patient for those strong holder, sorry for the weak, this counter is no longer a favourable choice, you may leave while price still stay above 20cents
Ratman, what's your entry cost/price? For now, and try to sense your feeling, here I would say to you, definitely QES might not a suitable counter for you. As of now, seems QES is a slow counter and it takes some time/right timing.
So better you cut loss (if not losing too much money), and find out good counter with lower entry price
ROE 15.5. this means return of 15.5 sen for every ringgit of shareholdets fund. if the performance is sustainable, QES will generate lot of profits. price should go up accordingly.
think QES will declare dividend when audited acs are ready for AGM. funds raised in IPO not yet utilised and profits still coming in strong. not surprise it has been chosen as 1of top 10 counters to buy
QES is currently well undervalued, trading at 10.2 times FY19F PE, representing a 46% discount to the peer average of 18.9 times. In addition, the company’s price-to-earnings growth of 0.6 times is below the peer average of 0.9 times.
As I see it, normally bosses dont manipliate their shares, I say normally, its is the sharks and shorties that is controlling the shares movements showing a good graph/datas to attract and trap unknowing retailers
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....
huathuat11
256 posts
Posted by huathuat11 > 2019-02-28 12:42 | Report Abuse
this counter will drop until 0.01