ting pang eng's comment on SIME. All Comments

ting pang eng
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Does the current price drop consider a falling knife ? Another example like Bauto drop from RM2 plus to RM1 plus ?
Lee Sambibilec
All the same line
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chunye low
car industries are not good.
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nazr zach
If we want to compare apple to apple, BAuto very much like DRB-Hicom. The problem with the former is its revenue keeps falling every quarter. DRB-Hicom is making more or less 4bil MYR each quarter. DRB-Hicom also launches new car models e.g. EV and etc.
SIME has businesses in mining equipment. They sell new equipment, spare parts, rent and everybody is talking about rare minerals nowadays. Mining companies either go to Africa, South Australia which CaVPOWER is there and Latin America e.g. Chile.
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nazr zach
There was a big drop in Australia Dollar AUDMYR at the end of last December. That was the 2nd drop last year. But since then, AUDMYR is trading at current range and it has stabilized for now. This is because current Aus government doesnt take reciprocal action on Trump's tariffs.
For long investor, from technical point of view, they would wait until there are signs market has stopped selling and start buying.
There are also some of us see this as an opportunity.
Hope this helps.
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