yes...i also cut loss at 0.25 yesterday...and loss 13%...it is good company...but i will wait at more stable price to enter again....a good company but very bad valuation...
so let say somebody stuck at 0.265.. if q buy at 0.18...how lonnger need to wait before break even? that almost 45% you choose to be pondan or loss almost 50%? hahaha
Those interested , wait for next week, should be more attractive after the goreng stops. Patience is the key to sucessful investment, Just ignore the wolves barking and don't be influenced
cut loss already, bad company, drop and keep on dropping, there are better shares to buy in the market, rather than keep on holding this. KNM .... potential to go up more, follow Mabel
As at 23 May 2019, ISTONE has an unbilled purchase orders of RM25.79m, providing near term earnings visibility over the next 2 to 5 months. Gearing ratio is set to improve from 0.6x to near zero post listing.
Given ISTONE’s expertise on customised automation machine from various industries, we expect earnings growth to be driven by higher adoption of manufacturing automation tapping on government’s initiative of Industry 4.0.
Nobody knows will drops to what price?? could be below IPO like mestron,HMPT or like gretecc is unlikely. Trade wise with your money.Don't regret later.
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....
DRwarrant
8,354 posts
Posted by DRwarrant > 2019-07-18 11:35 | Report Abuse
Don't got mad with I STONE !
I STONE still the IPO Champion with 56 % Premium on OPENING BEATING UWC with only 34 % when OPENING !