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sheesh didn't anticipate the forex impact and misread the hospitality biz in Aust not carrying weight despite the MCO lifting Guess management has to infuse young blood as the oldies seems to have lost their energy. .still probably may double down if 31cts below seen. let's see
With tourism and seafood biz improving in East Malaysia this counter is still struggling and can't even string a decent price increase. Other similar seafood counters are faring better. Perhaps stakeholders too bz converting their warrants and neglecting shareholders interest? dividend payout 0.1 is also disappointing. a decent PE.of 12 would have put it ard 23.5 cts.
Agree things look warming up, the big 100m offer can easily be withdrawn and it’s all system go should it’s 3rd qtr results show another positive result let’s see meanwhile gladly do a double down queue at 2.5 if it obliges.
looks lke the path to least resistance is up. Its ERA project in central and Kulim developments in north are doing well so I guess the one that calls the shot is reluctant and docile so far.
looks like I was too optimistic and my buying timing was out. nevertheless I will add possie ard 35-37 if seen. Don't think this steady counter would spring much surprise downside after that. Best of luck
