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$YEAHKA (09923.HK)$ Why Yeahka price dropped today?  Their 1...

$YEAHKA(09923.HK)$ Why Yeahka price dropped today? Their 1H results were good!
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  • BabaBlackSheep : I used to have yeahka, bought at 35, sold at 56, and bought again at 46 and sold at 61 after went up to 122. (Should have sold at 122!!)

    I find it they always deliver their report in a not trustable manner. Hence their vision and action never goes hand in hand. So even with the current result is not bad, it is still underachieving their past promise.

    Ark came in big time and now they run as fast as they can too

  • mivecs BabaBlackSheep : Is that the reason???

  • BabaBlackSheep mivecs : Well bad sentiment all combined with untrusted management. At least for short term yes. For long term, it may never reach expensive valuation side like many other tech companies. But if the target are all hits from here onward, the company should still go up 30% YoY.

    I dived really deep into yeahka for 8 months so I know quite a bit. =)

  • mivecs : Bro, is Tencent onE of their investor?

  • BabaBlackSheep mivecs : Used to, the last time I checked, they’ve exited majority of their position

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