This stock is too expensive at current price. Assuming the 4Q2019 net profit comes in at RM 10mil, the total net profit for 2019 will circa RM 36 mil with EPS of 9.8SEN. Assuming PE of 10 -12x, the range of price should be around 98sen to RM 1.18 only.
Suggestion is useful or not depend purely on your convincing power to the management
I recently proposed to the board of Focusp during recent AGM ,to give bonus issue in order to improve the liquidity of the stocks in the market, so only can attract more retailers participation since good times is ahead for the company ..所谓人气一有,财气就会跟来。
cytew UWC yesterday has already entered into Bear Zone (熊区) (153-110) x 0.382+ 110=126.426, once below 127/126 means it is already in Bear Zone.. 20/07/2019 1:44 PM
Temporary is unlikely to shoot up again, because playing game is over, but it is a good counter with very good growth potential over next couple of years, and we planning to meet the boss, and suggest to him to issue free warrants to shareholders at this strategic juncture in order to bring optimum return benefits to shareholders...
Its not that. Its sentiment on ipo high flyers greatec, istone n uwc not coming back. Looks like gone for good. Then all these 3 will drift lower n lower.
Once the technical rebound takes hold, dont ever touch it again however tempted you are, because in time it will go down below yesterdays low of 1.20. Any drop below 1.10 all time low would be fatal.
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....
azta12
5,594 posts
Posted by azta12 > 2019-07-18 10:40 | Report Abuse
collect and hold