Too early to exit at higlighted yellow area?
BWC
BWC
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May 30 2017, 05:30 PM
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Senior Member
1,497 posts Joined: Dec 2005 |
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May 30 2017, 05:37 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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May 30 2017, 05:41 PM
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Senior Member
1,497 posts Joined: Dec 2005 |
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May 30 2017, 05:45 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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May 30 2017, 05:51 PM
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All Stars
15,942 posts Joined: Jun 2008 |
..... and this is the accident waiting to happen.... >100xPE
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May 30 2017, 06:27 PM
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Senior Member
1,497 posts Joined: Dec 2005 |
Haha mau tengok chart factor first ma before dig deeper
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May 30 2017, 08:14 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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May 30 2017, 11:10 PM
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Senior Member
1,497 posts Joined: Dec 2005 |
Hmm? I also confuse already
I removed the name and price to avoid bias of good fundamentals or whatnot of the company and just based on chart only, volume and candlestick to see am i exited the trade too early lo. |
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May 30 2017, 11:52 PM
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Junior Member
284 posts Joined: Nov 2016 |
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May 30 2017, 11:55 PM
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Junior Member
284 posts Joined: Nov 2016 |
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May 31 2017, 07:01 AM
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All Stars
15,942 posts Joined: Jun 2008 |
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May 31 2017, 11:59 AM
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Junior Member
284 posts Joined: Nov 2016 |
QUOTE(Boon3 @ May 31 2017, 07:01 AM) Knowing the fundamentals would help more than just looking at charts. AgreedLike I said before, do not let the charts use you. Btw how does this chart looks to u? Pwroot Volume is decreasing from last week. This stock volume looks like quite low compare to other FB stocks. Trend reversal soon? FA wise, better earnings last two quarters, PE and DY better than Oldtown This post has been edited by Coup De Grace: May 31 2017, 12:01 PM |
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May 31 2017, 12:20 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(Coup De Grace @ May 31 2017, 11:59 AM) Agreed Understand more of its fundamental la.Btw how does this chart looks to u? Pwroot Volume is decreasing from last week. This stock volume looks like quite low compare to other FB stocks. Trend reversal soon? FA wise, better earnings last two quarters, PE and DY better than Oldtown One. Ok can understand the comparison with Old town but Old town is overrated. So being better than Oldtown doesn't say much. Earnings was better the last 2 quarters but then on a fiscal yearly comparison it's simply flat and uninspiring. Which CLEARLY does not really justify the current stock pricing. Meaning to say you are betting on Proot on an already optimistic prices... |
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May 31 2017, 04:38 PM
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Junior Member
284 posts Joined: Nov 2016 |
QUOTE(Boon3 @ May 31 2017, 12:20 PM) Understand more of its fundamental la. I see. ThanksOne. Ok can understand the comparison with Old town but Old town is overrated. So being better than Oldtown doesn't say much. Earnings was better the last 2 quarters but then on a fiscal yearly comparison it's simply flat and uninspiring. Which CLEARLY does not really justify the current stock pricing. Meaning to say you are betting on Proot on an already optimistic prices... Looks like not much meat left on the bone for this counter This post has been edited by Coup De Grace: May 31 2017, 04:39 PM |
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May 31 2017, 04:58 PM
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Senior Member
1,497 posts Joined: Dec 2005 |
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May 31 2017, 05:00 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(Coup De Grace @ May 31 2017, 04:38 PM) Ok. Let me say it 'differently'.... Proot reported profits the other day. Fiscal year end profit stood at 43.5 million vs 43.3 million a year ago. Which means profits were .... fill in your description..... flat/stagnant/growthless/poor/ etc etc etc.... Despite such lacking earnings, Proot trades at an earnings multiples of 19x... Does it sound attractive at all? Which investor would pay 19xPE for a company with no earnings growth for the current fiscal year? |
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May 31 2017, 05:09 PM
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Junior Member
284 posts Joined: Nov 2016 |
QUOTE(hehe86 @ May 31 2017, 04:58 PM) Surprisingly jumped up to 3.51Maybe instead of quarter report, investors compare this fiscal year with last year. But buy is 3.34 and sell is at 3.51 right now This post has been edited by Coup De Grace: May 31 2017, 05:11 PM |
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May 31 2017, 05:10 PM
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Junior Member
284 posts Joined: Nov 2016 |
QUOTE(Boon3 @ May 31 2017, 05:00 PM) Ok. Let me say it 'differently'.... Yes, not much profit growth. I guess this is now becoming a dividend counterProot reported profits the other day. Fiscal year end profit stood at 43.5 million vs 43.3 million a year ago. Which means profits were .... fill in your description..... flat/stagnant/growthless/poor/ etc etc etc.... Despite such lacking earnings, Proot trades at an earnings multiples of 19x... Does it sound attractive at all? Which investor would pay 19xPE for a company with no earnings growth for the current fiscal year? |
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May 31 2017, 05:15 PM
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Senior Member
1,497 posts Joined: Dec 2005 |
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May 31 2017, 05:15 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(Coup De Grace @ May 31 2017, 05:10 PM) Dividend counter?looks like you are getting a lot of risky perceptions (like what is fallen means equals good buy or dividend counter means good/safe stock) about the market. Let me say this.... you can have a good/SOLID so-called company.... paying more than 6% dividend.... but profits kept falling..... U think the price will hold just because of the risky yield? Buy low sell high? You think that's a good strategy? |
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