finnacer

While Tun M is visiting Japan this week, let us look at a counter which has close ties to the “ EAST ” which is N2N .  If you were to look at the rolling 4Q PE of N2N which is standing at 20 times, then it is consider as a very expensive counter. On the other hand, looking at its technical chart, I would say it is madness!  This is because the share price had rocket from lowest RM0.70 to RM1.2 in 2 months.  Well, Big Canon wouldn’t want to comment much on that.   Source: ChartViewplus.com However, the news and announcement on 6 th June had given me a shock. This is because N2N is doing private placement and this portion of shares is to an investor which is SBI Holding Inc . Big Canon is quite surprise as this is the 3 rd Japanese company that come in to N2N after Nikkei Inc and Quick Corp . Source:  http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=87549&name=EA_GA_ATTACHMENTS Assuming these shareholders above is not selling their ...

May 2018, especially 9 th May onwards is a memorable month. This is the month where the Malaysian had chosen the new government which is the 1 st time in 61 years. Other than this, it is also a very memorable month for the investors in Bursa Malaysia too! This is because the number of limit down counters are too damn much! So what are the limit down and almost limit down counters? 1.      Gkent 2.      Gamuda 3.      CMSB 4.      MYEG 5.      Eforce 6.      Litrak 7.      HSSEB 8.      AZRB 9.     GBGAQRS 1.    Econbhd *I might have missed some, appreciate if you could update us if we have omitted any. Other than those being mentioned above, most of the construction counters are badly hit either due to cancelling those mega contract. Other than these limit down counters, there are some counter that goes limit up too. 1. ...