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Hope this Lao Beh ran off to the toilet and Lao Sai and sold all his shares today.. Money itself aint enough, have to be educated not to listen to Lao Behs who asked to run. Fortunately or unfortunately many investors are uncles and aunties from pasar who gamble instead of invest.
Thanks for the info. I was thinking of buying this stock for dividends. Lucky thing got to know their F&B business is dragging down their core business. dodged a bullet I guess...
This yoyo pattern of share price is quite common. It's caused by operators who push up the price and sell at bulk to create panic because it works. After some time they will pump up the price again. Similar pattern as NexG .
Maybe scepticism around acquisition of Paragon Union. Oceancash itself bleeding money and they acquire another loss making company. Investors are not confident with the steps taken by Oceancash. only time will tell...
It's is a temporary issue and the protest has simmered down the president has partially met the demands of protestors. Keep it mind, Oceancash has other businesses with Thailand, Malaysia and Japan.
I felt stupid buying these shares. According to annual report they commissioned new machines to improve production..Probably it's undervalued, but only time will tell...