Nasdaq gg lor. Amazon was goreng until so high PER and earnings has been trending downward for the last 3 quarters. Now Amazon remains traded at PER 61x....expect to down at least 20%.
it's so tempting and now the price seems to be on free fall. so i called my bank broker and asked much force selling? Reply is that it's not much yet. While my gut feel says rebound, i gonna wait for force sell for higher %
Earnings has been trending downward in last 2 quarters. Next quarter EPS could be 2.3 cents with estimated annualized EPS 9.2 cents. The share is traded at PER 37x before factoring in expiry of pioneer status on 28 Mar 2023. When pioneer status is expired, the share would have exchanged at PER 49x. ( PER 37x / 0.75 )
TP 1.90 remains intact with expected PER 21x or 28x (when pioneer status expire)
welcome back rr88 with your wild predictions. Let's see if you will be wrong like every other time which you did. Still waiting for your RM1.8 call to x2 my holdings, havent come yet after months, despite you previously say will come before Raya.
Greatech seems getting weak, My buying point at 3.00. Haiz, now slowly get near my buying point. I think is time to let go. Greatech seems geting weak. Maybe next fallen on 3.00 I will be back.
Mr. Bomoh with two coconuts aka jinova546, may i know your prediction roughly at what price? and are you shorting? or you say for syok syok to scare ppl?
@wallstreetrookie, possible to share how you derive your observation that Greatech will start giving dividends? Is it because of the pioneer status expiring? I thought they are still pretty aggressive in terms of investing capex and expansion, but I could be wrong as I know no one close to the source.
As for Jinova, where are you when Greatech closed 2 green days in a row after your Big Red color prediction? Washing plates to cover your short position?
Looking at the way the shares were snapped up in the last 10 mins I doubt the price will go down to RM3.00. Those who waited down there are likely to have missed the boat. It did not touch RM4 today. Good chance it will tomorrow.
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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....
jinova546
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Posted by jinova546 > 2022-05-09 13:24 | Report Abuse
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