Dont worry, inari got strong fundamental.

Relax bro. Have a beer first. The whole market is red.

What to do? Just hold beyond T+3 if possible.

Hi

any affinhwang remisier here?

contact me please

Never wanted to hold it beyond T+3 but looks like i have too

Kesian. I own FL, Superln, Johotin too, but most of my shares (except Johotin) were bought a few months ago and are still sitting on substantial profit.

I know an affinhwang remisier - quite lenglui but i think late 30s or early 40s by now. Why u need one?

can give me contact ah?

cos leng lui ma

Can introduce...

I am totally NOT arguing against long term benefits. But in the short term rights issues harm investors. Long term rights issues are always for the better.

Also I am talking about a Malaysian context, I don't know about Singapore and their market reaction could be different.

Look at Prolexus. Such an amazing company but share price declined so much. L&G also. And now MRCB. From the Malaysian recent rights issues I have followed, there is almost always at least a 10-20% short/mid term drop.

Same reaction over that side. A right issue will cause the price to drop. Depend on how you look at it. A good company with good business asking for rights should be seen as discount to get shares of the company at cheap prices. Ask yourself, why did you buy the company? Is it for trading or to accumulate more and hold for long term?

If sole purpose is for trading, then I think you need to take the loss and move to another counter.

Eg. Nestle asking for rights issue and price drop 10%, will you oversubscribe for it? I will without any hesitation.

This post has been edited by Ramjade: May 18 2017, 07:59 PM

I'm not in it for trading but I will likely jump out immediately should any of my holdings get a rights issue (I will of course study the scenario/purpose first) and then buy back in at a later date. Rights issues provide a great buying opportunity, something I am looking to do with Prolexus soon.

By the time you get news of right issue, I think it's too late as the price would have tank already.

Bought Scicom at 2.300 today, good buy?

Seems like a decent buy. Very high ROE, 8X P/BV. Looks fine on the surface. Might even be undervalued if 40%++ ROE is sustained.

Oh no, I think you misunderstood me. My long term investment portfolio such as Superlon and Johotin are doing fine, double digit returns.😃

I was referring to my short term trading stocks such as Inari, Dualog and Matrix which are in the red.

Stock Watch Tomorrow : Press Metal

Note: Can it soar tomorrow in view of the current weak global market?

have u taken into NTA 0.28 into consideration?

good morning! anyone topping up today?

topped up aax today. was mulling between vs industries and press metal

This post has been edited by Avangelice: May 19 2017, 09:15 AM

From what I know, the total equity is 93.46 and shares outstanding is 355.45, hence the NTA approximately 0.28. If the company go bankrupt, I will get 0.28 per share. I paid 2.30 per share. 87.82% loss if it go bankrupt.

From my little knowledge, NTA should be at least 2/3 of 2.30 which is 1.53, am I correct ?

1. Are what I mentioned correct? Please correct me.
2. Can sifu tell me is NTA very important criteria is selecting stock? From what I read, none recommend to use NTA as one of the criteria.



This post has been edited by Nemozai: May 19 2017, 09:16 AM

http://www.focusmalaysia.my/Mainstream/big-plans-taking-off

Pipeline plan to merge AA with AAX

AA has reached its fair value at 3 myr