I wud not invest on etitech unless I know the company fundamental well enough. On the technical side, Etitech wud undergo long term accumulation first. Unless they pay good dividend, avoid it.
Dear Martin, I understand your emphasis on dividend-paying stocks
I belief that Time Dotcom is a potential dividend-paying stock, due to the following reasons:
1) New ceo & substantial shareholder that is pro-active & has turned around the company
2) Cut costs & impairment non-performing assets, thus reducing future depreciation charges, increasing profitability
3) Increasing revenue & cashflow. With its current debt free status, can be paying dividends in 1 to 2 years time.
Question: Do we buy now when it’s a penny stock when it\s still cheap or wait until it starts paying dividend ?
Note: I’m convinced after reading analyst briefing slides at http://www.time.om.my, the latest annual report & quarterly results, I truly believe the latest price movements may be due to fundamental changes in its business model, under the new ceo & substantial shareholders. This is a potential dividend generating cash cow with higher internet traffic over its fibre optic network.
Hi Martin,
TMC Life seems to be in specialised industry with high entry cost. Why does the stock has no following and price is still in the south …
1Sara,
You need to have some “smart money” supporting the counter for the stock to move up. Else you get sideway market.
Rgds,
2-martin-
Dear Martin,
How is KNM ? Can we consider recent move by EPF to purchase it can be considered ’smart money’ for others to follow suit ?
Tks.
3EPF can never be the SM. They have other responsibility to the market.
4Dear Martin,
There has been speculation on further fall of USD and rise of commodities esp gold. Is Poh Kong a proxy to gold in local market ?
Thank you.
5Dear Sara,
It used to be a local proxy to gold but the correlation became invalid sometime in Jan 2009.
So when you see gold rising, do not buy Poh Kong share but Poh Kong gold jewellery !
Rgds,
6-martin-
Dear Martin,
Has mieco lost its steam ? Looks like on downtrend with negligable volume.
Has it still got market followers like iCapital just for any fundamentals ?
Merry Christmas !
Thank you.
7Dear Martin,what is good about etitech, thought of investing more in it for long term & what px is good to go in
8I wud not invest on etitech unless I know the company fundamental well enough. On the technical side, Etitech wud undergo long term accumulation first. Unless they pay good dividend, avoid it.
-martin-
9Dear Martin, I understand your emphasis on dividend-paying stocks
I belief that Time Dotcom is a potential dividend-paying stock, due to the following reasons:
1) New ceo & substantial shareholder that is pro-active & has turned around the company
2) Cut costs & impairment non-performing assets, thus reducing future depreciation charges, increasing profitability
3) Increasing revenue & cashflow. With its current debt free status, can be paying dividends in 1 to 2 years time.
Question: Do we buy now when it’s a penny stock when it\s still cheap or wait until it starts paying dividend ?
Note: I’m convinced after reading analyst briefing slides at http://www.time.om.my, the latest annual report & quarterly results, I truly believe the latest price movements may be due to fundamental changes in its business model, under the new ceo & substantial shareholders. This is a potential dividend generating cash cow with higher internet traffic over its fibre optic network.
10This is a trading stock, get in and get out and make the money !
For investing, look for track record in the past if any. Apparent TimeDotCom has not make $$$ in real sense. Ask around and ppl wud tell you.
-martin-
11