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Road to recovery in next 1-2 years
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ivanignatius
Member |
13-May-2011 10:17
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Revenue down 12% in first three quarters, and down 18% in the third quarter, so sales trend is bad and deteriorating.   The company loses money, has only $10mn of net assets, yet a market cap of 158mn.   Assuming that market cap is correct, it should make 16mn of profits.   But revenues are only 8mn per quarter, so that would mean 32mn of revenues for a year.   It would need to make a 50% net income margin to get to 16mn of profit.   No education company does this. This stock is massively overvalued unless it can double or triple sales, and that is not what is happening.   | ||||
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wishbone
Master |
13-May-2011 10:14
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Look like it is going to stay there for a long long time.  Sian !!!! |
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AnthonyTan
Elite |
13-May-2011 09:24
Yells: "patience" |
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WHY? HOW COME. Care to share  so that investors can learn from it.  
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louis_leecs
Elite |
12-May-2011 22:16
Yells: "half cash" |
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im very disappointed this baby,,,,,,,,,,,,,,,sell  | ||||
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AnthonyTan
Elite |
12-May-2011 10:47
Yells: "patience" |
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Trading band $0.105 to $0.12 is indeed very good lor, hahaha |
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louis001
Master |
12-May-2011 09:29
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until the next BIG news/BIG things from this counter, look like it is going to be like that for the moment.... BBs always run here run there, on and off, hit and run,,,, perfectly normal...if one got it at 10.5cts earlier, even letting go at 11cts still got half-cent  profits for coffee and wanton mee lah,  OR one can keep it longer for higher return next time BB run here again...no hurry, no worry lah...  
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niuyear
Supreme |
12-May-2011 09:26
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I also made coffee money.  We can share one big cup of coffee, ask for empy plastic cup,  you half , i half. Must be thrify, then can make from this counter.      hahaha!
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AnthonyTan
Elite |
12-May-2011 09:02
Yells: "patience" |
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Time to go to bt. timah hill lor. Next trip out, the share px. will shoot up, hahaha |
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louis_leecs
Elite |
11-May-2011 23:50
Yells: "half cash" |
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forget it,,,,,,,,,,,,,,,,bb run road liao,,,,,,,,,,,,,,,,,,,push and let go like rowsley,,,,upp,,,,,,,,,,,,,,,run like end of world akan datang,,,,,,,,,,,,,,,,,,,,,,, |
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AnthonyTan
Elite |
11-May-2011 12:37
Yells: "patience" |
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niuyear, I am just  trying to make some coffee money plus a bowl of wanton mee, hahaha   |
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niuyear
Supreme |
11-May-2011 09:32
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Anthony, you are a very good guarding angel in this couter.
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AnthonyTan
Elite |
11-May-2011 09:30
Yells: "patience" |
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Well done, tat's a very good strategy.
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AnthonyTan
Elite |
11-May-2011 09:26
Yells: "patience" |
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Got hope leow. Did u ever see dead fish jump, hahaha Good luck to those who bought at $0.105.
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niuyear
Supreme |
11-May-2011 09:25
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bought .105 and sold already?    :)
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AnthonyTan
Elite |
11-May-2011 09:23
Yells: "patience" |
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Manage to purchase some at $0.105.
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louis001
Master |
11-May-2011 09:09
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take off from 10.5cts yesterday, it look like another round is coming around again ... resistance 12.5-13cts....good luck to all.....
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AnthonyTan
Elite |
10-May-2011 15:42
Yells: "patience" |
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Not downtrend at the moment. Can't accumulate below 0.10.
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saverman8
Senior |
10-May-2011 14:24
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can wait below 0.10 and accumulate... my frens all waiting too haha :) | ||||
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AnthonyTan
Elite |
10-May-2011 09:27
Yells: "patience" |
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Q to buy at $0.105. Y no seller? |
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AnthonyTan
Elite |
09-May-2011 13:48
Yells: "patience" |
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Why u said tat. Appear support to be $0.105. Many investors waiting to buy below this px.
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