$TGUAN (7034.MY)$ Feels like this is really rubbish, pull i...
$TGUAN (7034.MY)$ Feels like this is really rubbish, pull it and run. The company's fundamentals are good, but the short-term trend seems bad.
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103268330 : They need to explain more and I think really undervalued
103128768 : I think two major factors affecting it share value:
1. No dividend was proposed even though produced good results.
2. Why go to property business? Why not focus on existing business? Is existing business future no good?
Ryugentrades : The pullback is too sharp, back to a key support. If breakdown further will be no eye see.
103268330 : I think the earlier business is fully automated . They have actually broke into the Europe and US market successfully. They were making tea and coffee and diverted to plastic when their kids study into that major and now they have architecture in their family so divert into it .
103268330 : Dividen will be given in next quarter . They normally practice yearly dividend but during Covid they have quarterly . So how will be back to yearly I think . Let’s see
103268330 Ryugentrades : Yeah o agree . I am sure the institution bought at 2.03-2.05 range .
Ryugentrades : Technicals barely holding positive. Are we on a hope analysis trade now
Whatever it is, we trade with eyes open, just got to take responsibility for the trade. It’s not a marriage. Life goes on. My profit for this dwindle to 3 figures only.
103128768 : Based on current performance of share price, look like next quarter result will not in positive view due to need to bear some cost on property division.