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Kok Kin Yong
's comment on
EFORCE
.
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Kok Kin Yong
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Hi Guys, would like to seek for advice from you guys. This company have
1) stable revenue
2) good profit margin (around 2x%)
But why the share price was drop from Rm1.6 at 2018 to Current Price Rm0.51.
Thanks for the advice from anyone that know and reply.
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yutaka tong
a lot of bonus issue increase the number of shares and dilute eps.
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Kok Kin Yong
Hi Yutaka, thanks for your reply.
Noted for with thanks.
Meaning now only the company can change it with buying back shares?
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yutaka tong
nope, the objective of share buyback is to prevent the price from dropping even further. sbb is to stabilize the price
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Mikro Lok
ya, just make the price become stable
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Kok Kin Yong
Hi Yutaka and Mikro, good day to you.
Noted with thanks. Meaning now only the buying volume can push the price back to normal price.
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Kok Kin Yong
Any idea about the exact value of this stock?
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yutaka tong
go for mother share myeg is safer. directors keep collecting his own shares
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Kok Kin Yong
Noted. Thanks Yutaka.
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