Nobody knws the fair price of natgate. Its shark who decide the price. Bt this a well manage co. If got $ can try buy n keep some for future growth. Buy or sell its up to u. Its my 1 cent opinion n not expert opinion.
Time to run, the price is over value and next quarter result sure very bad. now the shark is pulling up the price and harvesting, beware and its just my 1 cent opinion.
High become higher . No worry . New year 2024 will be better than last year . The US Fed will cut interest rates by this year . Cuts will start in March . Good for tech stocks
the price drop because coming result will be bad, they pull up the price to sell their shares. so the price drop slowly to make sure small fish wont run away and attract more fish into trap
s3phiroth-Ewein and NationGate belong to same boss Ooi Eng Leong. Why Ewein does not seem to benefit you know the answer? If Ewein property company why cannot build factory on Ewein landbanks and produce supply for NationGate?
s3phiroth
Mark my words, this counter will become smci malaysia version. They are going to start mass production of ai server powered by nvidia chips very soon!
One thing that I can't figure out is why the current quarter revenue and earnings are even lower than when Nationgate first listed on Bursa. Referencing to 2022-09-30 quarter result
Because its primary customer who contributed more than half of the revenue is still in the process of relocation from china to malaysia therefore cause a temporary drop of revenue. The relocation is expected to be completed by 24Q3.
Why then it's not reflected in Natgate's revenue and profit ? ---------------------------- Because they just began the production of the ai server in Q1. So far only 20 units delivered, 980 units more to go.
Hold for long term rather sell on short term . My target price Rm 2.00 already achieved and now my next target price is Rm 2.50 or even higher. High become higher . Good counter tetap good counter. Boleh tetap boleh .
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....
Cookieyirl
38 posts
Posted by Cookieyirl > 2023-10-30 11:28 | Report Abuse
1st try today, 1.09 .
Hope will rebound