Upcoming QR expect to be good as 1111 online sales, partner with OCBC banks as well as contribution from subsidaries, increase in EPS will drag down the current PE, correct me if wrong
But, the eps won’t be increased much as the bonus split has diluted the shares. Correct me if wrong. So, in order to push the share, diluted eps must be as much as before diluted....
If PE break 100, I believe most of the investors will laugh and smile as the profit is times 5 or more than that! I hope the day will come soon so that I can laugh every day, hour, minute and second. :)
As stated by CEO : In July to November 2019, CEO and other directors sold off their share to Kenanga (fund institution) in order to strengthen the share price stability and increase price flow, if fact directors are sad to let go their share, as they knew the prospect and future of the company goanna be. (In another words, they know future price is worth a lot more)
you mean they wanted to give a good impression to the world that the shares of Revenue are widely held even by the fund institution. so they let go some of their own shareholdings to Kenanga. if too many shares are held by someones other the fund Institutions , the share price stability could not be achieved through short term activities. Fund institutions are long term holders and will not simply dump to create havoc in the counter.
In order to increase the volatility Director have to let go some of their share through certain way such as sell to public, fund institution , KWSP etc. In fact, director has issued 2 times of bonus issue in Yr2018 and Yr 2019 respectively in order to increase volatility , another reason is to attract more new investor to buy their share (as public would think price are cheaper now but work well in KLSE). To sustain the share price, Director better not to sell in the public as it would affect the share price, that's why they let go their share to fund institution instead.
i disagree to the fact that by selling the share to fund institution KWSP will increase volatility cos these institutions are long term holders who will not do trading like the general public who are generally the culprits of causing volatility of share price . However, i agree to the fact that DIrectors would rather sell the shares to these institutions instead of the public to ensure stability of share price.
I also appreciate when more shares are issued in circularisation, its shares are not easily subject to manipulation.
In view of the foregoing, it can be concluded that Revenue has planned well ahead in terms of sustainability and growth as a modern promising establishment
Yao, even with the machine supplied by ghl, their market starts to get eroded by RGB. But, have to bear in mind that, their revenue most of them is contributed by ETP!
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....
Jaya
1,585 posts
Posted by Jaya > 2020-01-02 10:40 | Report Abuse
Today hopefully 1.52-1.53